5781 results found for 'cosl statoil'

5781 results found for 'cosl statoil'
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  • Statoil CEO: Norwegian shelf attractive even in low-carbon world

    6 December 2016

    Statoil CEO Eldar Saetre feels the Norwegian Continental Shelf will not lose attractiveness even in the low-carbon future. Also, he feels there’s been much talk, an not enough action when it comes to the climate change. “In a low-carbon future, we need oil & gas producers who can deliver energy at low cost, with low […]

  • Statoil to Supply Natural Gas from NCS to SSE’s Peterhead Gas Power Plant in UK

    7 June 2011
    Business & Finance

    Statoil and SSE (Scottish and Southern Energy plc) have agreed to enter into a 10 year gas supply agreement to an existing power plant. The companies have signed a heads of agreement for an annual volume of 0.5 billion cubic metres of natural gas, to SSE’s Peterhead gas power plant in Aberdeenshire in Scotland. The […]

  • Nexans Supplies Umbilicals for Statoil’s Gullfaks Rimfaksdalen Gas Project

    19 September 2013
    Business & Finance, Equipment, Project & Tenders

    Nexans, a worldwide expert in the cable industry, has been awarded an 8 million Euro contract by Statoil to supply the static umbilicals for the Gullfaks Rimfaksdalen project in the Norwegian North Sea. This is the fourth Statoil project in quick succession to feature the new standardized fast-track umbilical design developed by Nexans and follows […]

  • Nexans Supplies Umbilicals for Statoil’s North Sea Project

    19 September 2013
    Business & Finance, Equipment

    Nexans, a France-based expert in the cable industry, has been awarded an 8 million Euro contract by Statoil to supply the static umbilicals for the Gullfaks Rimfaksdalen project in the Norwegian North Sea. This is the fourth Statoil project in quick succession to feature the new standardized fast-track umbilical design developed by Nexans and follows […]

  • Statoil Discovers Gas Near Visund Field in North Sea

    13 June 2013

    Statoil Petroleum AS, operator of production licence 120, has completed drilling of wildcat well 34/8-15 S. The well proved gas. The well was drilled on the northeast flank of Visund in the northern part of the North Sea. The objective of the well was to prove petroleum in Middle Jurassic reservoir rocks (the Brent Group), […]

  • Statoil Signs HOA with SSE for Gas Supply (UK)

    7 June 2011

      Statoil and SSE (Scottish and Southern Energy plc) have agreed to enter into a 10 year gas supply agreement to an existing power plant. The companies have signed a heads of agreement for an annual volume of 0.5 billion cubic metres of natural gas, to SSE’s Peterhead gas power plant in Aberdeenshire in Scotland. […]

  • DNV GL calls rig owners to revisit design docs after fatal accident in Norway

    9 June 2016

    Late in December 2015, a semi-submersible drilling rig was struck by an enormous wave, leading to the death of a worker aboard the platform – first fatality in Norway since 2009. The rig, COSL Innovator, was working for Statoil at the Troll field in the North Sea, offshore Norway. Four more workers were injured. The […]

  • Offshore rig struck by giant wave in 2015 returns to work

    11 July 2017
    Business & Finance, Exploration & Production

    Lundin Petroleum has hired the COSL Innovator semi-submersible drilling rig for one well offshore Norway. The contract is expected to start in March 2018. Lundin will have an option to extend the contract for eight more wells. “This is another fantastic news to give our organization. We are proud and humbled to be trusted by […]

  • Statoil Buys Stake in Mariner Field Offshore UK

    23 September 2010
    Business & Finance

    Statoil and Nautical Petroleum have today signed an agreement whereby Statoil will acquire 20.67% of Nautical Petroleum’s interest in UK offshore licence P335 containing the Mariner field. This strengthens Statoil’s position as operator, and together with its 81.6% in Bressay gives Statoil a more aligned equity interest in the region. Statoil’s share in Mariner after […]

  • Statoil Orders Umbilicals from Nexans for Its NCS Fast-Track Projects

    12 December 2012

    Nexans, a worldwide expert in the cable industry, has been awarded a 45 million Euro contract by Statoil to supply static and dynamic umbilicals for three fast-track projects on the Norwegian Continental Shelf – the Oseberg Delta field (North Sea), the Snøhvit gas field (Barents Sea) and the Smørbukk Sør (Norwegian Sea). Nexans’ specialized facility […]

  • Nexans Supplies Umbilicals for Statoil’s Norwegian Offshore Fields

    12 December 2012
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Nexans, a worldwide expert in the cable industry, has been awarded a 45 million Euro contract by Statoil to supply static and dynamic umbilicals for three fast-track projects on the Norwegian Continental Shelf – the Oseberg Delta field (North Sea), the Snøhvit gas field (Barents Sea) and the Smørbukk Sør (Norwegian Sea). Nexans’ specialized facility […]

  • Rosneft and Statoil start drilling ops in Sea of Okhotsk (Gallery)

    2 June 2016
    Exploration & Production, Project & Tenders

    A joint venture between a Russian and Norwegian oil company, Rosneft and Statoil, has started drilling the exploration well in the Sea of Okhotsk. The Sea of Okhotsk lies south of the Arctic zone boundary and the sea depth on the drilling site is less than 150 m. The signal to begin drilling was given […]

  • Aker Solutions awarded 5-year Johan Sverdrup work

    21 January 2015
    Business & Finance, Equipment

    Aker Solutions will provide engineering, procurement and management assistance (EPMA) services for five years at the Statoil-operated Johan Sverdrup development in the Norwegian North Sea. The EPMA work, valued at NOK 4.5 billion ($586.7 million), is part of a 10-year framework accord announced in December 2013 and comes after Statoil decided to exercise an option. […]

  • WATCH: Gullfaks Subsea Wet Gas Compressor Installed

    3 July 2015
    Operations & Maintenance, Research & Development

    After several years of technology development, construction and testing the first subsea wet gas compressor in the world is now installed at the Gullfaks C platform in the North Sea. In May and June Gullfaks subsea compressor project (GSC) completed successful structure and module installation campaigns for the subsea station. The compressors were installed at […]

  • Statoil: Coal Emissions Higher than Those from Oil and Gas (Norway)

    19 November 2012

      “One of the great challenges of our time is to meet the world’s increasing demand for energy, while at the same time tackling the global climate challenges in a responsible manner,” says Statoil CEO Helge Lund at the 2012 Autumn Conference. Statoil believes that more forceful international measures are necessary in order to reduce […]

  • Most popular articles of the week, September 15 – 21, 2014

    21 September 2014

    Death on FSO, Jobs slashed in Norway, Oil discovery in Angola, Scotland votes No, No crocs on choppers, NCS rig overcapacity, Exxon drilling halt in Russia, Qataris swoop for Keppel rig…

  • COSLPromoter Gets Clearance to Operate in Norway

    8 November 2012

    The Petroleum Safety Authority in Norway (PSA) this week awarded an Acknowledge of Compliance (AoC) to COSLPromoter rig owned by Stavanger-based COSL Drilling Europe. This means that the semi submersible drilling rig, built by CIMC Raffles, is now approved for operations on the Norwegian Continental Shelf. Jørgen Arnesen, CEO of COSL Drilling Europe said: “Our […]

  • Nexans Provides Snøhvit CO2 Umbilical

    7 May 2015
    Business & Finance, Equipment, Operations & Maintenance

    Statoil’s Snøhvit gas field will be equipped with Nexans’ static umbilical that provide hydraulic, electrical and fibre optic services for subsea services. The Snøhvit project development will establish an additional well at a new CO2 injection template as well as prepare for gas production from existing templates. The new Nexans supplied umbilical will be routed […]

  • Statoil hires AET shuttle tankers on long-term charters

    22 June 2017

    Norwegian oil and gas giant Statoil has awarded a long-term contract to AET for the operation of two offshore loading shuttle tankers (OLSTs). According to Statoil, these new vessels will be in addition to the two AET DP2 ships currently on charter, in the same area, for Statoil. AET is a subsidiary of Malaysian energy shipping […]

  • Statoil: Investment Level on NCS to Remain High

    15 May 2014
    Business & Finance, Research & Development

    In times when the oil and gas industry must live with lower profits and higher costs, cooperation is key to success. Directing much of its efforts towards the Norwegian continental shelf (NCS), Statoil needs the support of their cooperation partners. “The investment level on the NCS reached an all-time high in 2013. Since 2010, Statoil […]

  • Statoil Signs Maintenance Contracts Worth NOK 49 Billion (Norway)

    30 June 2010
    Project & Tenders

    Statoil is entering into frame agreements involving maintenance and modification work valued at NOK 49 billion, options included. The agreements, which have duration of four years with two two-year extension option, will occupy more than 5,000 people during the period. Five companies have given their assent to the letters of intent sent by Statoil on […]

  • Statoil’s income hit by impairments and low prices

    30 April 2015

    Statoil’s first quarter results were negatively impacted by challenging oil and gas prices with the company posting a net loss of NOK 35.4 billion.

  • Norway: Statoil Increases Recovery Through Light Well Intervention

    15 December 2011
    Business & Finance

    Statoil is cutting the costs of increased recovery from fields in operation by hiring in light well intervention vessels. As of December Statoil has three light well intervention vessels in operation. Statoil awarded Island Offshore a framework agreement earlier this year for light well intervention (LWI) services from their Island Constructor vessel. The new vessel […]

  • Statoil’s income hit by impairments and low prices

    30 April 2015

    Statoil’s first quarter results were negatively impacted by challenging oil and gas prices with the company posting a net loss of NOK 35.4 billion.

  • Norway: Statoil Increases Recovery Through Light Well Intervention

    16 December 2011
    Business & Finance

    Statoil is cutting the costs of increased recovery from fields in operation by hiring in light well intervention vessels. As of December Statoil has three light well intervention vessels in operation. Statoil awarded Island Offshore a framework agreement earlier this year for light well intervention (LWI) services from their Island Constructor vessel. The new vessel […]