5763 results found for 'cosl statoil'

5763 results found for 'cosl statoil'
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  • USA: PUC Approves Statoil’s Contract with Utility Companies

    28 January 2013
    Authorities & Government

    Norwegian energy giant Statoil has reached a milestone with their wind energy project offshore Maine’s Boothbay Harbor, writes the Associated Press. Specifically, the Public Utilities Commission (PUC) approved Statoil’s contract with utility companies after the company reduced costs of its Hywind Maine project. When completed, this USD 120 million project would have four wind turbines […]

  • Statoil posts bigger loss, slashes capex

    27 October 2016
    Business & Finance

    Norwegian oil major Statoil on Thursday posted a wider loss for the third quarter of 2016 compared to the same period last year due to low oil and gas prices. The oil company is lowering its capex guidance by $1 billion. Net operating income was $737 million in the third quarter, a 16% drop compared […]

  • Norway’s Prime Minister opens Gudrun platform

    19 August 2014

    The prime minister of Norway Erna Solberg officially opened the Gudrun platform in the North Sea today, 19 August. This is the first new Statoil-operated platform on the Norwegian continental shelf (NCS) since Kristin in 2005. Prime minister of Norway Erna Solberg and chief executive Helge Lund were greeted by Gudrun platform manager Ole Martin […]

  • USA: PUC Approves Statoil’s Contract with Utility Companies

    28 January 2013
    Authorities & Government

    Norwegian energy giant Statoil has reached a milestone with their wind energy project offshore Maine’s Boothbay Harbor, writes the Associated Press. Specifically, the Public Utilities Commission (PUC) approved Statoil’s contract with utility companies after the company reduced costs of its Hywind Maine project. When completed, this USD 120 million project would have four wind turbines […]

  • Wood Mackenzie Recommends Discarding Pipeline in Favour of FPSO for Johan Castberg

    4 June 2014
    Business & Finance, Operations & Maintenance, Research & Development

    Wood Mackenzie’s latest analysis of the Johan Castberg area considers the alternative development concepts under consideration by Statoil and partners Eni SpA (ENI) and Petoro AS. Wood Mackenzie says the Norwegian project could achieve an internal rate of return (IRR) of 15.9% and breakeven of less than US$60/barrel, by opting for a Floating Production, Storage […]

  • Aker Solutions Bags Two Åsgard A Contracts from Statoil

    22 January 2016
    Project & Tenders

    Aker Solutions has secured a contract from Statoil for a concept study for the Low Well Production project (LWP) on Åsgard A platform, the Norwegian oil services company said on Friday. The aim of the LWP is to accommodate Åsgard A for future production with lower well pressure. The contract includes further options for FEED and […]

  • Offshore Energy Developers Will Cooperate with Local Firms with Reasonable Price (UK)

    8 March 2013
    Business & Finance

    Big offshore energy industry players, gathered at the SNS2013 conference (South North Sea) at the Norfolk Showground organized annually by the East of England Energy Group (EEEGR), said that they wanted to cooperate with local firms and communities to boost job opportunities in the offshore energy sector. However, the developers warned that keeping the costs […]

  • Offshore Energy Developers Will Cooperate with Local Firms with Reasonable Price (UK)

    8 March 2013
    Business & Finance

    Big offshore energy industry players, gathered at the SNS2013 conference (South North Sea) at the Norfolk Showground organized annually by the East of England Energy Group (EEEGR), said that they wanted to cooperate with local firms and communities to boost job opportunities in the offshore energy sector. However, the developers warned that keeping the costs […]

  • USA: Nexen’s Kakuna Well Fails to Impress

    7 May 2012
    Business & Finance

    Nexen Inc. today reported that drilling operations are complete on the Kakuna sub-salt exploration well on Green Canyon block 504 located approximately 180 miles southwest of New Orleans in deepwater Gulf of Mexico. The well did not encounter commercial hydrocarbons, and is now in the process of being plugged and abandoned. Kakuna was drilled to […]

  • Statoil: Without a change of course everyone will lose, including O&G industry

    4 June 2015

    Norway’s Statoil has launched today its Energy Perspectives 2015 report that outlines a possible way to meet the 2-degree target. According to Statoil’s report, it is possible to hold the increase in global average temperature below two degrees, but with major changes. “It can be done, but it will require a lot from many people,” says Statoil’s chief […]

  • UK: OGA hosts hackaton to lower well construction costs

    17 November 2016
    Equipment, Project & Tenders

    A hackathon is being organized in the to identify new technology and practices which can reduce the cost of well construction on the UK Continental Shelf (UKCS). Jointly driven by the Technology Leadership Board Workgroup, ITF and the Oil and Gas Authority, the focus of the event will be to highlight challenges associated with well construction […]

  • Johan Castberg becomes even cheaper as Statoil awaits Parliament approval

    10 April 2018
    Infrastructure, Project & Tenders

    Norwegian government on Tuesday presented a development plan for the Statoil-operated Johan Castberg project in the Barents Sea for the approval by the country’s Parliament (Stortinget).

  • Harding’s lifeboats for Johan Sverdrup field

    12 August 2015
    Business & Finance, Equipment

    Statoil has awarded Harding, a provider of marine life-saving systems, a contract for delivery of the nine free-fall lifeboats needed for phase one of the Johan Sverdrup development, located in the North Sea.  The Johan Sverdrup field, located 155km west of Stavanger, is the largest oil discovery on the Norwegian continental shelf since the 1980s. The […]

  • USA: Dresser Rand, Statoil Launch Joint ICS R&D Project

    20 June 2011
    Business & Finance, Equipment

      Dresser-Rand Group Inc.  and Statoil  announced today that they have launched a joint research and development project based on Dresser-Rand’s Integrated Compression System (ICS). The ICS is an advanced technology platform that uses high-efficiency DATUM centrifugal compressor technology driven by a high speed, close-coupled motor. The compressor rotor incorporates a proprietary, integrated gas-liquid separation […]

  • Statoil gains green light for Utgard and Byrding plan

    17 January 2017
    Project & Tenders

    Statoil has informed that the plan for development and operation for the Utgard and Byrding fields in the North Sea has been approved by the authorities. Plans for both fields were submitted to the authorities in August last year. Utgard is a gas and condensate field on the Norwegian and UK continental shelf while Byrding […]

  • Blu. Opens LNG Fueling Station in Atlanta, USA

    28 November 2013

    Blu. has brought LNG to Georgia. The station, which allows companies in the Atlanta area to fuel their heavy-duty trucks with LNG and reap the benefits of the super-cooled fuel, is just the first of many stations in the region. “We see big things ahead,” said Ben Hames, Deputy Chief Operating Officer in the Georgia Governor’s […]

  • Norway: Statoil Signs ISS Frame Agreements Worth $1.9 Billion

    2 July 2010

    Statoil is entering into frame agreements for insulation, scaffolding and surface treatment worth a total of NOK 12 billion, options included. The agreements relate to platforms, production vessels and land-based plants in Norway, as well as the Kalundborg refinery in Denmark. The agreements also apply to Kollsnes where Statoil, in its capacity as technical service […]

  • Statoil selects Dutch freefall lifeboats

    5 June 2014
    Business & Finance, Equipment

    Verhoef Aluminium BV from the Netherlands has been awarded a five year Framework Agreement by Norwegian oil giant Statoil to provide freefall lifeboat systems, as well as related products and support services. “Since our initial contact in February 2012 we have exchanged a lot of information regarding our aluminium freefall lifeboats. Statoil has inspected our FFLB’s […]

  • Norway: Statoil Delivers Solid Q3 Results

    28 October 2012

    Statoil’s third quarter 2012 net operating income was NOK 40.9 billion, a 4% increase compared to NOK 39.3 billion in the third quarter of 2011. “Statoil delivered solid financial results in the quarter. By ramping up new fields, we have grown production year to date by 10% compared to the same period last year, and […]

  • Wood Group Mustang nabs pre-FEED for Snorre C TLP

    14 October 2014
    Business & Finance, Equipment

    Wood Group Mustang has been awarded the pre-front-end engineering design (pre-FEED) contract by Statoil for the proposed Snorre C tension leg platform (TLP) to be located on the Norwegian continental shelf.   Work is being conducted by Wood Group Mustang and Wood Group Kenny and follows their completion of the feasibility phase of the project […]

  • Statoil exits three Greenland licenses

    14 January 2015
    Project & Tenders

    Norway’s Statoil has confirmed that the company has handed back three of its four oil and gas exploration licenses located offshore Greenland.  Namely, three licenses off the west coast of Greenland were handed back by the end of 2014, but the company kept one license off the east coast where the deadline for drilling is longer. […]

  • Statoil sinks to red in 2Q

    27 July 2016
    Business & Finance

    Norwegian oil giant Statoil on Wednesday posted a loss for the second quarter of 2016 due to low oil prices, compared to a profit in the same period last year, and decided to cut its capex guidance by $1 billion.  The company’s net operating income in the second quarter 2016 dropped to $180 million, compared to […]

  • COSL rig to spin the drill bit at North Sea wildcat this month

    7 January 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Vår Energi has secured a drilling permit from the country’s authorities to spud an exploration well in the North Sea, off the coast of Norway, using one of COSL Drilling Europe’s semi-submersible rigs.

  • Emerson to Upgrade Safety and Automation Systems on Visund Platform

    27 February 2013
    Business & Finance

    Statoil has awarded Emerson Process Management, a business of Emerson , a $33 million contract to upgrade safety and automation systems on the Visund oil platform in the Norwegian North Sea. Previously selected by Statoil as one of its preferred automation and safety suppliers, Emerson will provide integrated safety and automation systems to help the […]

  • China: COSL Announces Delivery of HYSY708 Deepwater Engineering Survey Vessel

    16 December 2011
    Business & Finance

      COSL, an oilfield services provider in the offshore China market, announced today that its deepwater engineering survey vessel “HYSY708” was successfully delivered in Guangzhou. Mr. Cao Shujie, Vice President of COSL and representatives from the ship builder CSSC Guangzhou Huangpu Shipbuilding Company Limited attended the delivery ceremony. HYSY708 is one of the large-scale deepwater vessels COSL […]