5763 results found for 'cosl statoil'

5763 results found for 'cosl statoil'
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  • K Line’s PSV Supports Statoil’s Drilling Ops Offshore Faroe Islands

    4 July 2012

    K Line Offshore has announced that the large PSV KL Brofjord, built in 2011, commenced on a contract for Statoil on 14th June. The contract period is for approximately 130 days. The vessel will serve the COSL Pioneer, semi submersible rig which is presently drilling  at Brugdan II prospect offshore Faroe Islands. “This contract with […]

  • Agility Group, COSL Continue Collaboration

    12 June 2014
    Business & Finance

    Agility Group AS has entered into an agreement with China Oilfield Services Limited (COSL) to deliver detail engineering for the integration of the drilling package onto their latest drilling semisubmersible unit – Hai Yang Shi You 982 (HYSY982). “This contract confirms AG China’s position in the Chinese market”, said Otto Søberg, CEO at Agility Group. […]

  • COSLPioneer Semi-Submersible Rig Starts Operation Offshore Norway

    29 August 2011
    Business & Finance

    China Oilfield Services Limited today announced that its semi-submersible drilling platform COSLPioneer has commenced operation after fulfilling the technical requirements of Statoil ASA, a Norwegian energy company. Drilling platforms operating in the North Sea have to be equipped with technologically-advanced facilities, highly reliable and adaptive to the harsh operating environment. In addition, the drilling platform […]

  • Chinese Rig Reaches Norwegian Waters

    10 August 2012
    Business & Finance

    COSLPromoter, the semi-submersible rig which was delivered on 25 April by COSL Drilling Europe AS, a subsidiary of China Oilfield Services Limited, has recently arrived in Norwegian waters following a long journey from China. The voyage, which took 79 days and covered 15,097 nautical miles, was successfully completed with efforts from all crew members. Upon […]

  • Norway: Offshore safety watchdog investigating first fatal incident since 2009

    31 December 2015
    Exploration & Production

    The Petroleum Safety Authority Norway has decided to investigate a fatal incident that occurred on the COSL Pioneer drilling rig at the Troll field on Wednesday, December 30, 2015, when one person was killed and two others injured. As previously reported, a big wave hit the living quarters of the COSL Innovator drilling unit during the […]

  • Norway: i-Tech Announces Award from Statoil for Provision of ROV Services

    30 November 2011
    Business & Finance, Equipment, Project & Tenders

    Subsea 7, through its i-Tech division, announces the award by Statoil ASA for the provision of ROV services onboard China Oilfield Services Ltd (COSL)’s new build Innovator and Promoter rigs currently under construction in China. i-Tech’s workscope includes the provision of two new build Centurion QX work class and two existing Tiger observation class ROVs […]

  • Statoil Drills Dry Well, Offshore Norway

    13 October 2011
    Business & Finance

    Statoil Petroleum AS, operator of production licence 303, is completing drilling of wildcat well 15/8-2. The well, which was dry, was drilled eight kilometres west of the Sleipner Vest field in the North Sea. The objective of the well was to prove petroleum in Middle Jurassic reservoir rocks (Hugin and Sleipner formations). The well encountered […]

  • Norway: Statoil Reports Small Oil Discovery in Oseberg Area Unit

    23 March 2012
    Business & Finance, Research & Development

    Statoil, together with partners in the Oseberg Area Unit, has made a small oil discovery in the production license PL053 in the North Sea. Statoil and its partners are in the process of concluding drilling operations in the exploration well 30/6-28S located in the production license PL053 in the Oseberg Area Unit. The well drilled […]

  • PSA Audits Statoil’s Managed Pressure Drilling on Troll Field

    18 July 2014
    Business & Finance

    From 10 to 13 June 2014, the Petroleum Safety Authority Norway carried out an audit of Statoil’s use of managed pressure drilling using COSL Innovator on the Troll field. Objective The objective of the activity was to audit that Statoil, the service providers, drilling contractor and other stakeholders, were planning, performing, and garnering experience from, […]

  • Statoil, partners shave off Johan Sverdrup field costs

    29 August 2016

    Norwegian oil giant Statoil has managed to drive down the cost of development of its giant Johan Sverdrup field in the Norwegian Sector of the North Sea. “Since the plan for development and operation (PDO) of the Johan Sverdrup field was approved by Norwegian authorities, Statoil has cooperated with partners, authorities and suppliers on improving […]

  • Statoil: Luva Development Costs Estimated at USD 5.7 Billion

    14 December 2011
    Business & Finance

    Norway’s energy giant, Statoil, yesterday announced plans for development of Luva Field located in Production Licence 218 (PL 218). The field is situated approximately 140 km north of Norne and some 300 km West of Bodø and lies in 1,300 metres of water. Statoil and its partners Exxon Mobil and ConocoPhillips plan to use a […]

  • ‘COSLInnovator’ findings to affect rigs in Norway, COSL says

    11 April 2016
    Exploration & Production

    Offshore drilling contractor COSL Drilling has said that the Petroleum Safety Authority’s investigation report into a fatal incident on board the COSLInnovator rig will have consequences for many of the rigs on the Norwegian continental shelf.  The offshore safety authority published its investigation report on Friday, April 8, 2016. Separate from this, an internal investigation group, with members from COSL […]

  • Statoil: Rising costs on NCS in focus at energy seminar in Bergen

    15 May 2014
    Business & Finance, Project & Tenders

    Statoil’s executive vice president for Development and Production Norway, Arne Sigve Nylund, together with Margareth Øvrum, executive vice president for Technology, Projects and Drilling, presented Statoil’s views on what it takes to achieve profitable production from the Norwegian Continental Shelf in the future. “The investment level on the NCS reached an all-time high in 2013. […]

  • Statoil preps ‘world’s first subsea wet gas compressor’ for Gullfaks

    28 October 2014
    Equipment, Exploration & Production, Project & Tenders

    Statoil has informed that the “world’s first subsea wet gas compressor station” is now ready for the final testing at Horsøy outside Bergen before being prepared for installation and hook-up to Gullfaks C in 2015. By adding 22 million extra barrels of oil equivalent from the Gullfaks South Brent reservoir the compressor will help extend […]

  • Nexans Delivers Umbilicals for Statoil’s Oseberg Delta

    18 June 2014
    Business & Finance, Equipment, Operations & Maintenance

    Oil and gas extraction on the Norwegian continental shelf has been given a boost after Nexans recently delivered the first of four “Statoil Standard” umbilicals ordered by the company in 2012. The first umbilical will be employed at the Oseberg Delta field in the Norwegian part of the North Sea. The “Statoil Standard” Umbilicals are […]

  • Court allows class action lawsuit play for COSL layoffs

    26 April 2016
    Exploration & Production

    A district court in Jæren, Norway has decided that all 229 employees who were dismissed from COSL Drilling in June 2015 can participate in a class action suit that the Norwegian union of energy workers, SAFE, has filed against the company.  In June 2015, the Norwegian oil company Statoil cancelled a contract it had with the […]

  • Norway: Safety body finds irregularities on COSL rig

    28 May 2018
    Exploration & Production

    Offshore driller COSL has some work to do to make its COSLInnovator semi-submersible drilling rig fully compliant with the Norwegian regulation.

  • Norway: Statoil Strikes Light Oil at Skinfaks South Well

    4 January 2012
    Business & Finance

    Norway’s oil titan Statoil has completed drilling of the Skinfaks South well in the North Sea and the estimated volume is between 1.9 and 6.9 million barrels of oil equivalents. This is the fourth infrastructure-near discovery in the Gullfaks area in a 10 month period.  Light oil has been confirmed in Middle Jurassic reservoir rocks […]

  • COSL awards AG new rig contract (VIDEO)

    10 June 2014
    Business & Finance, Equipment, Project & Tenders

    Agility Group AS has entered into an agreement with China Oilfield Services Limited (COSL) to deliver detail engineering for the integration of the drilling package onto their latest drilling semisubmersible unit Hai Yang Shi You 982 (HYSY982). “This contract confirms AG China’s position in the Chinese market”, says Otto Søberg, CEO of Agility Group. “We […]

  • Statoil Reduces Power Cost of Its Hywind Maine Project, USA

    21 January 2013
    Authorities & Government, Business & Finance

    Statoil North America has revised its proposal for the Hywind Maine offshore wind project by reducing the cost of energy to ratepayers, which was an obstacle for the company to get an approval for the project from the Maine Public Utilities Commission (PUC). Energy cost in the revised proposal is reduced from USD 290/MWh to […]

  • Gallery: Statoil installs world’s first subsea wet gas compressor

    3 July 2015
    Equipment, Project & Tenders

    Norwegian oil and gas major Statoil has informed that after several years of technology development, construction and testing, the first subsea wet gas compressor in the world is now installed at Statoil’s Gullfaks C platform in the North Sea. Statoil informed in March that the world’s first subsea wet gas compression system was ready to be […]

  • Statoil gets new acreage to explore off Indonesia

    18 March 2015
    Business & Finance

    Statoil was today awarded new exploration acreage through the Aru Trough I licence offshore Indonesia. The licence covers an area of approximately 8,300 square kilometres, adjacent to Statoil’s existing exploration acreage in the Aru and West Papua IV licences. Statoil will operate the licence with a 100% working interest. “This is a low-cost access into […]

  • Higher oil prices, cost cuts lift Statoil to 2Q profit

    27 July 2017

    Norwegian oil company Statoil has managed to return to profit in the second quarter of 2017, helped by higher oil prices and cost cuts. The company’s net income for the second quarter 2017 was $1,43 billion, compared to a loss of $302 million a year ago. “Our solid financial results and strong cash flow are […]

  • Germany should switch coal with natural gas, Statoil CEO says

    25 June 2014

    There is a large potential for Germany to cut its climate emissions in a cost-effective way through the increased use of natural gas, said Statoil CEO Helge Lund at a joint Statoil/Wintershall event in Berlin on 24 June. Switching from coal to gas in the power sector is the most significant option to cut emissions, […]

  • Statoil to save another $1 billion in further cost-cutting push

    17 March 2017

    Norwegian oil and gas giant Statoil will reduce its costs by another $1 billion during 2017. The oil company on Friday presented its annual report for 2016 where it said it expects to achieve an additional $1 billion in efficiency improvements in 2017 for a total of $4.2 billion. While oil prices in 2016 increased over $30 […]