5802 results found for 'cosl statoil'

5802 results found for 'cosl statoil'
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  • Statoil to Triple Arctic Research Budget (Norway)

    28 August 2012
    Business & Finance

    Statoil is stepping up its Arctic activities and will drill nine wells during a non-stop 2013 Norwegian Barents exploration campaign. The company plans to meet development challenges here by tripling its Arctic technology research budget. Statoil’s exploration experience in the Barents is already extensive. Of the 94 exploration wells drilled in the Norwegian Barents Sea […]

  • Giant Johan Sverdrup project 70% complete. Break-even down to $15 a barrel

    7 February 2018
    Project & Tenders

    The development of the Johan Sverdrup, a giant offshore oil field in Norway, is 70 percent complete.

  • Norsafe creates cost-saving davit refit solution

    28 April 2014
    Business & Finance, Equipment

    Implementation of the DNV-OS-E406 requirements has become a costly task for oil and shipping companies. Norsafe Group has introduced a davit refit solution that generates significant financial savings when davit and lifeboat replacements are necessary. “Norsafe’s engineering team has developed a davit cassette adapter that makes it possible to use the new free-fall lifeboats without […]

  • XSite Builds PNG Landing Station for Coral Sea Cable System

    22 January 2019
    Business & Finance, Equipment, Project & Tenders

    XSite Modular has been awarded a contract by PNG DataCo to design and build a modular cable landing station (MCLS) in Port Moresby, Papua New Guinea. To be completed in Q3 2019, the landing station will be part of the Coral Sea Cable System (CSCS), a 4,700 km subsea network connecting Sydney, Australia to Port […]

  • DONG Energy: No Oil, No Gas, No Coal

    2 February 2017
    Business & Finance, Environment

    DONG Energy has decided to entirely phase out the use of coal as fuel at its power stations by 2023. Since 2006, DONG Energy has reduced its coal consumption by 73% and will replace it at the power stations with sustainable biomass to achieve the zero point.

  • LNG plant to serve Alpha mine haul vehicles

    22 September 2014

    Alpha Natural Resources said that Plum Energy will construct a liquefied natural gas (LNG) plant on the property adjacent to Alpha Coal West’s Eagle Butte Mine, near Gillette, Wyoming. The Plum Energy facility will supply LNG to Alpha Coal West’s mine haul vehicles, producing cost efficiencies and fuel savings for its mining operations. Alpha Coal […]

  • Heerema Orders Siemens’s Chloropac System for DolWin1 North Sea Platform (Germany)

    22 July 2011
    Technology

    Heerema Fabrication in Zwijndrecht, a subsidiary of the Heerema Group, has given Siemens Water Technologies the order for the delivery of a Chloropac hypochlorite generator for seawater cooling. The order is worth over half a million Euros. The generator will be used at the North Sea platform DolWin1 and is the first Chloropac system to […]

  • Sparrows Group scoops inspection services contract with Stena Drilling

    11 May 2016
    Business & Finance, Exploration & Production

    Sparrows Group, a provider of engineered products and services, primarily to the offshore sector, has been awarded a 20-month inspection services contract to cover Stena Drilling’s global fleet of drilling vessels. The company announced on Wednesday that this agreement will see Sparrows Group deliver LOLER lifting gear surveys, potential dropped objects surveys, cargo carrying unit […]

  • Statoil, Kongsberg Engage Eelume for New Subsea IMR Robots

    18 April 2016
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    Kongsberg Maritime and Statoil have signed an agreement with Eelume, a NTNU spin-off company, to accelerate new technology that could reduce costs related to subsea inspection, maintenance and repair operations. NTNU and Sintef have conducted research on snake robotics for more than 10 years. Eelume is now developing a disruptive solution for underwater inspection and maintenance […]

  • Statoil receives approval for Rutil start-up

    13 June 2016

    Norway’s Statoil has received an approval to start-up the facilities on the Rutil deposit on Gullfaks South, in the Norwegian section of the North Sea, and to start producing. Rutil is a gas-filled structure on Statoil-operated Gullfaks South, located in the Tampen area in the North Sea. Rutil will be developed with a standard subsea template […]

  • 3BL Media: Offshore Wind Power Fuels Renewable Energy Growth (VIDEO)

    30 August 2013

    Renewable energy has been called impractical for its small scale and large expense compared to conventional power production methods. Now, one area of development is answering those criticisms by getting very big to cut costs. New offshore wind facilities now going online are equal in size to the largest gas- or coal-fired power stations. The […]

  • Prosafe-Westcon dispute over cost overruns lingers on

    6 April 2017

    Prosafe, an operator of semi-sub accommodation rigs known as flotels, is still in dispute with Westcon over cost overruns related to Safe Scandinavia’s conversion from flotel to tender support vessel (TSV). In its 2016 annual report on Thursday, Prosafe said that the litigation process relating to the final costs of the conversion of the Safe Scandinavia […]

  • Five oil majors on board for DNV GL’s WIN WIN JIP

    22 October 2015

    The concept of using wind power for offshore oil and gas applications is one step closer to realisation, DNV GL said in a press release on Thursday. WIN WIN, a DNV GL-led joint industry project (JIP), is running with the following seven participants: ExxonMobil, ENI Norge, Nexen Petroleum UK Ltd, Statoil, VNG, PG Flow Solutions, and […]

  • Statkraft to Start Divesting Sheringham Shoal, Dudgeon Shares in June

    31 March 2017
    Business & Finance

    After fulfilling one of the prerequisites for the sale of its 40% share in the Sheringham Shoal offshore wind farm by transferring the operator role to Statoil, Statkraft will commence the formal divestment process in June, together with that for its 30% share in the Dudgeon offshore wind farm.

  • Aker Solutions, Statoil Cancel Cat B Rig Contract

    24 June 2013
    Business & Finance

    Aker Solutions ASA and Statoil ASA have cancelled a contract for delivery of a semi-submersible rig capable of year-round well-intervention services on the Norwegian continental shelf. The companies in April 2012 agreed Aker Solutions would build the so-called Category B (Cat B) rig and use it to provide Statoil with a range of well-intervention and […]

  • Aker Solutions and Statoil Cancel Cat B Contract

    24 June 2013
    Business & Finance

    Aker Solutions ASA and Statoil ASA have cancelled a contract for delivery of a semi-submersible rig capable of year-round well-intervention services on the Norwegian continental shelf. The companies in April 2012 agreed Aker Solutions would build the so-called Category B (Cat B) rig and use it to provide Statoil with a range of well-intervention and […]

  • Statoil: Lower Output and Reduced Prices Affect 1Q Earnings

    2 May 2013

    Statoil’s first quarter 2013 net operating income was NOK 38.0 billion. Adjusted earnings were NOK 42.4 billion. “We deliver financial results impacted by lower production and reduced prices. We continue to deliver good industrial progress according to plan. As previously announced, production in 2013 will be lower than in 2012. We are on track to […]

  • Statoil Scraps Kristin Gas Export Project

    9 January 2014

    The Kristin gas export project (KGEP) partners made a decision to terminate the project due to unsustainable economics caused by increased investment costs and increased risk to volume availability. The Kristin gas export project (KGEP) – a pipeline connection between the Kristin field and Polarled – was sanctioned by the KGEP partners (Statoil 53.4%, Petoro […]

  • Joint Acquisition of 3D Seismic Data in Barents Sea Starts in April

    11 March 2014
    Business & Finance, Operations & Maintenance

    WesternGeco and PGS have been awarded contracts for seismic acquisition in the southeastern Barents Sea. The surveys cover blocks proposed for the 23rd concession round by the Norwegian Ministry of Petroleum and Energy (MPE) and will in total cover an area of approximately 13,700 square kilometres. Statoil is the operator for a project for joint […]

  • Semi-sub Songa Trym resuming ops in January

    12 December 2014
    Business & Finance, Exploration & Production, Project & Tenders

    Songa Trym, which was recently suspended from operations, is expected to resume operations on or about January 1, 2015.

  • Prosafe comes out as winner in dispute with Westcon

    8 March 2018

    Prosafe has won a court case against Westcon related to cost overruns for the conversion of the Safe Scandinavia unit. 

  • Norway: Statoil Reports Growth in Fourth Quarter of 2011

    8 February 2012
    Business & Finance, Operations & Maintenance

    Statoil’s fourth quarter 2011 net operating income was NOK 60.7 billion, a 42% increase compared to NOK 42.8 billion in the fourth quarter of 2010. In 2011, net operating income was NOK 211.8 billion compared to NOK 137.3 billion in 2010. “Statoil delivered record financial results, further improved safety and made important strategic progress in […]

  • Wood Group lands four subsea deals in Norway

    25 April 2016
    Business & Finance

    Wood Group has recently won four subsea contracts with Statoil on the Norwegian continental shelf (NCS). The latest award is a study to deliver subsea field concept engineering for the Snorre expansion project located in the Norwegian sector of the North Sea. Wood Group said on Monday that this project would focus on cost efficient […]

  • Statoil: Fram C East starts production

    24 August 2016

    Norwegian oil company Statoil has said that production has started from the Fram C East field in the Norwegian sector of the North Sea through the Troll C production platform. The Fram C East is a long production well drilled from the existing Fram subsea template. Production is tied back to Troll C. Gas from […]

  • Norway: Statoil Awards Luva Platform FEED to Technip

    8 March 2012
    Business & Finance

    French oilfield services provider, Technip, was awarded a lump sum front-end engineering design (FEED) contract by Norway’s oil giant Statoil ASA for the development of the Luva floating platform, offshore Norway, at a water depth of approximately 1,300 meters (4,265 feet). The contract covers the design and planning for procurement, construction and transportation of a […]