5791 results found for 'cosl statoil'

5791 results found for 'cosl statoil'
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  • Norway: Statoil Charters New Light Well Intervention Vessels

    23 May 2012
    Business & Finance

    Statoil has awarded contracts for new light well intervention (LWI) vessels. These “category A” units will contribute to increased recovery from Statoil’s approximately 500 operated subsea wells on the Norwegian continental shelf (NCS). Statoil has on behalf of relevant licensees awarded a contract to Island Offshore Management and Eide Marine Services for the charter of […]

  • Norway: Statoil Increases Recovery from Subsea Wells with LWI Vessels

    23 May 2012
    Business & Finance, Equipment, Project & Tenders

    Statoil has awarded contracts for new light well intervention (LWI) vessels. These “category A” units will contribute to increased recovery from Statoil’s approximately 500 operated subsea wells on the Norwegian continental shelf (NCS). Statoil has on behalf of relevant licensees awarded a contract to Island Offshore Management and Eide Marine Services for the charter of […]

  • Norway reviewing safety in oil and gas operations

    30 November 2016

    The Norwegian government has set up a work group which will review its oil and gas industry’s safety situation. Despite being perceived as a country with one of the most stringest oil industry safety standards in the world, the government is calling for a review following several recent incidents offshore. “There have been several serious […]

  • Next generation wind turbine on trial (Norway)

    9 September 2010
    Research & Development, Technology

    In the world’s northernmost wind farm at Havøygavlen, Statoil is to test next generation turbine technology. The innovation is a gearless turbine that promises to achieve significant reductions in operation and maintenance costs for offshore wind power. One of the biggest challenges with developing offshore wind power is the major cost involved in repairs and […]

  • LNG deal with Florida-based firm fortifies Barbados’ energy security

    3 September 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Florida-headquartered Sawgrass LNG & Power, a provider of liquefied natural gas (LNG) and turnkey gas-to-power solutions across the Southeastern United States and Caribbean, has strengthened its years-long ties with Barbados National Energy Company Limited (BNECL) through a new LNG supply contract.

  • Norway: Statoil Signs Frame Agreements Worth $7.6 B

    30 June 2010
    Business & Finance

    Statoil is entering into frame agreements involving maintenance and modification work valued at NOK 49 billion (USD 7,6 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 […]

  • Statoil: Natural Gas Is the Way Forward for Germany

    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, […]

  • VIDEO: Statoil Unveils New Subsea Concept

    19 April 2016
    Equipment, Research & Development

    Norway’s Statoil has presented a new subsea concept at the Barents Sea Conference in Hammerfest, designed to reduce cost and increase efficiency. The new concept, called Cap-X, is estimated to cut costs by as much as 30% compared with conventional technology. According to Statoil’s video, which further explains the concept, this could be the standard […]

  • Lundin cleared to use COSL rig for North Sea well

    11 January 2018
    Exploration & Production

    Norwegian offshore safety regulator has given its consent to Lundin to use the COSLInnovator rig to for an exploration well offshore Norway. 

  • Enhanced Drilling’s EC-Drill Completes Pilot Project on Statoil’s Troll

    16 May 2014
    Business & Finance, Equipment, Operations & Maintenance

    Offshore technology provider Enhanced Drilling (formerly AGR Enhanced Drilling) has successfully completed a landmark pilot project with Statoil. The EC-Drill® system from Sotra-based Enhanced Drilling is a managed-pressure-drilling system for use off floating rigs. The pilot, conducted on the Troll Field on the Norwegian Continental Shelf, saw EC-Drill® being used in the drilling of three […]

  • New light well intervention vessel

    28 April 2011

    Statoil has awarded Island Offshore a framework agreement for a new light well intervention (LWI) vessel on the Norwegian continental shelf (NCS). The third of its type in Statoil’s portfolio the vessel will help reduce the costs of well interventions and enhanced oil recovery. Statoil has awarded Island Offshore a framework agreement for light well […]

  • Popular news, June 22 – 28, 2015

    28 June 2015

    As it happens, bad news is usually the most popular, and so it was on Offshore Energy Today this past week too. Namely, the most read article was the one on Statoil cancelling a rig contract with COSL, leaving more than two hundred people out of work. The oil giant has cited overcapacity and inability to […]

  • Statoil: Natural Gas is Fit to Serve Europe*s Energy Future

    17 January 2011

    Today, Monday 17 January, Statoil kicks off a marketing campaign arguing for natural gas to be part of Europe’s energy mix for the long term. It also marks that Statoil has been a reliable gas supplier to Europe for over 30 years based on its production from the Norwegian Continental Shelf. “We are making the […]

  • Nexans’ umbilicals for Oseberg Delta field

    18 June 2014
    Equipment

    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 […]

  • Statoil, Repsol pen several asset swap deals

    11 December 2015
    Business & Finance

    Norway’s and Spain’s largest oil companies, Statoil and Repsol, respectively, have announced several transactions in Norway, UK, Brazil and US. Under the transaction announced on Friday, Repsol will acquire a fifteen percent stake in Statoil’s Gudrun field offshore Norway. Statoil will stay operator with 36 percent stake. At the same time, the Norwegian energy company […]

  • Norway: Statoil Awards Island Offshore with Framework Agreement for New LWI Vessel

    27 April 2011
    Business & Finance, Project & Tenders

    The third of its type in Statoil’s portfolio the vessel will help reduce the costs of well interventions and enhanced oil recovery. Statoil has awarded Island Offshore a framework agreement for light well intervention (LWI) services from their vessel Island Constructor. The duration of the framework agreement is three years, with an option to extend […]

  • Norway: Statoil Hires Songa Trym Semi-Submersible Rig

    11 July 2011
    Business & Finance

      Statoil has signed a new contract with Songa Offshore for hire of the rig Songa Trym, which will be used for exploration drilling on the Norwegian continental shelf (NCS). Statoil has signed a new agreement with Songa Offshore relating to rig hire for use on its exploration prospects on the NCS. The semi-submersible rig […]

  • Norway: Statoil Adds Another LWI Vessel to its Portfolio

    27 April 2011
    Business & Finance

    Statoil has awarded Island Offshore a framework agreement for light well intervention (LWI) services from their vessel Island Constructor. The duration of the framework agreement is three years, with an option to extend for another year. The third of its type in Statoil’s portfolio the vessel will help reduce the costs of well interventions and […]

  • Top News of The Week Oct 28 – Nov 2, 2013

    3 November 2013

    Seaway Heavy Lifting Nets Offshore Installation Job in Mexico Seaway Heavy Lifting wins contract with Permaducto for an offshore installation project in Mexico. Permaducto SA de CV is a company of Grupo Protexa SA de CV. On Friday 18th October Seaway Heavy Lifting signed a contract with Permaducto to execute work in Mexico in a joined offshore programme […]

  • WGP Receives LOI for PRM at Statoil’s Offshore Fields

    27 February 2013

    WGP has received and executed a letter of intent with Statoil ASA, the Norwegian energy company  , to provide long-term seismic acquisition services for permanent reservoir monitoring of the Snorre and Grane oil fields in the Norwegian sector of the North Sea. The seismic acquisition contract shall be for an initial fixed term until the […]

  • Statoil Encounters Gas Near Visund Field (Norway)

    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 reports quarterly net loss

    30 April 2015

    Norwegian oil company Statoil today reported a first quarter 2015 net loss of  NOK 35.4 billion ($4.6 billion) due to impairments. Statoil said its net operating income in the first quarter of 2015 was negatively impacted by significant accounting charges related to asset impairments of NOK 46.1 billion ($6.1 billion), most of which are related […]

  • CEO: Statoil well prepared for challenging period

    6 February 2015
    Business & Finance

    Norwegian oil company Statoil has reported that its adjusted earnings in the fourth quarter of 2014 were NOK 26.9 billion, compared to NOK 42.3 billion in the fourth quarter of 2013. The company has explained that the 36% reduction in the quarter is mainly caused by the significant drop in the liquids prices. In addition, […]

  • Statoil completes in-house investigation into Super Puma fatal accident

    23 September 2016
    Business & Finance

    Norwegian oil giant Statoil has completed an investigation into the fatal helicopter accident that happened on April 29, 2016, when a helicopter carrying workers from a Statoil platform crashed into the Turøy island, near Bergen. All passengers and pilots in a CHC Super Puma helicopter died on their way back to land, flying from the Statoil-operated […]

  • Statoil to Use ‘COSLPioneer’ for North Sea Well

    6 September 2013
    Business & Finance

    Statoil has received consent to use the COSLPioneer mobile drilling rig for drilling and completion of production well 34/8-C-1 in the Visund field. Visund is an oil field situated in the northern part of the North Sea, about 130 km west of Florø. The field has been developed using a semi-submersible accommodation, drilling and process […]