5802 results found for 'cosl statoil'

5802 results found for 'cosl statoil'
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  • 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 […]

  • 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. 

  • 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 […]

  • Lower Production and Reduced Prices Impact Statoil’s Earnings

    2 May 2013
    Business & Finance, Operations & Maintenance

    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 […]

  • South Korea: DSME to Build GVA’s CatD Drilling Unit

    5 September 2012
    Business & Finance

    KBR announced that its subsidiary GVA has signed a license agreement with Daewoo Shipbuilding & Marine Engineering Co Ltd (DSME) in Korea for the fabrication of its GVA 4000NCS, CatD Drilling Unit. The concept for the unit is tailor-made by the industry for Statoil primarily for drilling production and well completion in mature fields. Songa […]

  • Aker Solutions Scores Johan Sverdrup Phase 2 FEED

    21 March 2017
    Business & Finance, Operations & Maintenance, Project & Tenders

    Aker Solutions has secured a front end engineering and design (FEED) contract from Statoil for the second phase of the Johan Sverdrup development offshore Norway. The work is for a new processing platform and the bridge that will connect it to the development’s riser platform. The contract also includes the design of a module and […]

  • Statoil: Global Energy Demand to Increase 40 pct Towards 2040

    21 June 2012
    Business & Finance

    Today Statoil launches its annual outlook for global economics and energy markets – Energy Perspectives 2012. It foresees significant progress for energy efficiency, but global energy demand is still expected to increase by more than 40 per cent towards 2040. Fossil fuels account for the majority of the increase. Even faster growth is projected for […]

  • KBR Inks License Agreement with Daewoo for CatD Drilling Unit

    5 September 2012

    KBR  announced today that its subsidiary GVA has signed a license agreement with Daewoo Shipbuilding & Marine Engineering Co Ltd in Korea for the fabrication of its GVA 4000NCS, CatD Drilling Unit. The concept for the unit is tailor-made by the industry for Statoil primarily for drilling production and well completion in mature fields. Songa […]

  • Siemens: Order Placed for 67 Dudgeon Offshore Wind Turbines

    21 August 2014
    Business & Finance, Technology

    Siemens Energy has received an order from the Norwegian energy utilities Statoil and Statkraft for the Dudgeon Offshore Wind Farm in the UK. Siemens will manufacture, deliver, install and commission 67 Siemens direct-drive wind turbines rated at 6 megawatts (MW) each and equipped with a 154-meter rotor. Installation will start in early 2017. The combined […]

  • Kvaerner and Dragados Win Sverdrup Jacket Contracts

    8 October 2015
    Business & Finance, Equipment, Project & Tenders

    On behalf of the Johan Sverdrup licence, Statoil today (October 8, 2015) awarded contracts for two Johan Sverdrup jackets to Kvaerner Verdal and Dragados Offshore S.A. The contract awarded to Kvaerner Verdal has a value of approximately NOK 1 billion and covers engineering, fabrication and construction of the steel jacket for the Johan Sverdrup processing […]

  • DSME to Build Topsides for Dagny Platform

    18 February 2013
    Business & Finance

    Statoil and its partners Total and Det norske have awarded DSME a contract to build the topsides for the Dagny platform, with Aker Solutions as a major sub-contractor. The total contract value is estimated to NOK 6.1 billion. Daewoo Shipbuilding & Marine Engineering (DSME) has been assigned to design and construct the topsides for the […]

  • Norway: Statoil Delivered Record Financial Results, CEO Says

    8 February 2012
    Business & Finance

      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 […]

  • Cuomo Backs Statoil’s NY Project, Proposes 2.4GW of Offshore Wind by 2030

    11 January 2017
    Authorities & Government, Project & Tenders

    In his State of the State address delivered yesterday, New York State Governor Andrew M. Cuomo expressed support for the development of offshore wind power in the lease area for which Statoil won the rights at the government’s lease sale in December, and proposed a commitment to develop up to 2.4GW of offshore wind by 2030. To ensure the […]

  • Wood Mackenzie: Exploration to slow down in 2015 (Norway)

    13 January 2015

    Wood Mackenzie, an energy intelligence company has, in its annual review of Norway’s upstream oil and gas sector, said that despite the dramatic fall in oil prices in the last quarter, on the surface 2014 was business as usual for the country’s buoyant upstream sector. However, the company we expect to see a slow down in exploration, […]

  • Altenesol cleared to start Nataly I LNG plant site preparation

    19 October 2015

    IAHL Corporation said that its unit, Altenesol Colombia has acquired the necessary permits to begin site preparation for the Nataly I LNG plant and construction in Colombia.

  • Cuomo Backs Statoil’s NY Project, Proposes 2.4GW of Offshore Wind by 2030

    11 January 2017
    Authorities & Government, Project & Tenders

    In his State of the State address delivered yesterday, New York State Governor Andrew M. Cuomo expressed support for the development of offshore wind power in the lease area for which Statoil won the rights at the government’s lease sale in December, and proposed a commitment to develop up to 2.4GW of offshore wind by 2030. To ensure the […]

  • Denmark: DONG Energy Announces 1H Interim Financial Report

    10 August 2012
    Business & Finance

    The Board of Directors of DONG Energy has today approved the interim financial report for the first half of 2012 with the following outlook and financial highlights compared with the first half of 2011: First-half 2012 EBITDA was DKK 6.6 billion compared with DKK 9.1 billion in the first half of 2011 and was affected […]

  • Norway: Statoil Inks Environmental Monitoring Development Agreement with Kongsberg

    13 December 2011
    Business & Finance, Operations & Maintenance, Research & Development

      Statoil has awarded Kongsberg Oil & Gas Technologies a contract worth NOK 150 million over three years to develop the world’s first integrated environmental monitoring system (EM) for oil and gas activities. Statoil currently employs several environmental monitoring methods at its installations, mainly on the Norwegian continental shelf. However, there are no solutions available […]

  • Teekay orders two more shuttle tankers from Samsung Heavy

    29 November 2017
    Business & Finance

    Teekay Offshore Partners has ordered two shuttle tanker newbuildings for a total fully-built-up cost of approximately $265 million.

  • Norway: Statoil Invests in World’s First Integrated EM System

    13 December 2011
    Business & Finance, Equipment

    Statoil has awarded Kongsberg Oil & Gas Technologies a contract worth NOK 150 million over three years to develop the world’s first integrated environmental monitoring system (EM) for oil and gas activities. Statoil currently employs several environmental monitoring methods at its installations, mainly on the Norwegian continental shelf. However, there are no solutions available on […]

  • Heerema scoops EPC Oseberg Vestflanken 2 contract

    12 February 2016
    Business & Finance

    Statoil has awarded Heerema the contract for the engineering, procurement & construction (EPC) of the unmanned wellhead platform at Oseberg Vestflanken 2, as well as the transport and installation of the platform. Heerema Fabrication Group (HFG) will carry out the engineering, procurement and construction of the unmanned wellhead platform and Heerema Marine Contractors (HMC) will […]