5792 results found for 'cosl statoil'

5792 results found for 'cosl statoil'
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  • 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 […]

  • Statoil gives up on European business center idea

    11 March 2016

    Norwegian oil major Statoil has decided not to proceed with the evaluations of a potential business center in Europe.  The decision was presented at a meeting with employee representatives on Friday, March 11. According to the company, at the meeting it was agreed that further efficiency improvements and cost reductions were needed, and that the […]

  • OneSubsea’s Production System for Statoil’s Utgard Field

    20 January 2017
    Equipment, Project & Tenders

    OneSubsea, a Schlumberger company, has secured an engineering, procurement and construction contract from Statoil to supply subsea production system for the Utgard gas and condensate discovery in the North Sea. The scope of the contract includes a subsea template manifold system, two subsea wellheads and vertical monobore subsea trees, production control system, and associated intervention […]

  • Fluenta scoops two-year deal with Statoil

    27 July 2016
    Business & Finance, Equipment

    Fluenta, a UK-based ultrasonic measurement and management technology specialist, has signed a framework agreement with Norway’s oil major, Statoil. Fluenta said on Wednesday that the signed agreement entails supplying Statoil with ultrasonic flare gas meters. The company also said that it will streamline the order and delivery process by fixing cost and other contract terms for […]

  • Norway approves plan for development of Oseberg Vestflanken 2

    14 June 2016
    Project & Tenders

    Norwegian oil giant Statoil has informed that the Ministry of Petroleum and Energy has sanctioned the Plan for Development and Operation (PDO) of Oseberg Vestflanken 2, offshore Norway.  Partners in the Oseberg Vestflanken 2 production licence are Statoil Petroleum (49.3%), Petoro (33.6%), Total E&P Norge (14.7%) and ConocoPhillips Skandinavia (2.4%). The PDO of the North […]

  • Statoil to drill five wells in Barents Sea. First spud in 2017

    18 May 2016

    Norwegian oil company Statoil has been awarded acreage in five production licences in the Barents Sea, following today’s announcement of results of the 23rd offshore licensing round in Norway. Statoil will operate all five licences and has obligation to drill five exploration wells. “The Norwegian continental shelf (NCS) is the core of Statoil’s business, and […]

  • RDS Grabs FEED Contract for Johan Sverdrup

    7 July 2014
    Business & Finance, Operations & Maintenance

    RDS, has been awarded a $10m USD contract to carry out front-end engineering design (FEED) work on Statoil’s Johan Sverdrup development in the Norwegian North Sea. The FEED work will be undertaken by the RDS team in London through a subcontract with Aker Solutions for full front end engineering of the drilling facilities throughout the […]

  • Statoil: Semi-sub Transocean Spitsbergen suspended

    6 November 2014
    Business & Finance, Exploration & Production

    Statoil has decided to suspend two rigs due to overcapacity in the rig portfolio. Transocean Spitsbergen and Songa Trym will be suspended through 2014, a period which might be extended. Songa Offshore has reported today that Statoil will suspend Songa Trym contract after the current well at the Oseberg field in the North Sea. Statoil says that […]

  • RDS lands Johan Sverdrup FEED

    7 July 2014
    Business & Finance, Project & Tenders

    RDS, has been awarded a $10m USD contract to carry out front-end engineering design (FEED) work on Statoil’s Johan Sverdrup development in the Norwegian North Sea.

  • Statoil, innogy and SSE Divvy Up 4.8GW Dogger Bank

    10 August 2017
    Business & Finance

    Statoil has signed a swap agreement with innogy and SSE for equity interests in the Dogger Bank offshore wind development project.

  • Norway: PGNiG Acquires 10% of Gro Licence from Statoil

    25 June 2010

    Statoil has sold a 10% interest in the Gro licence (PL 326) to PGNiG Norway. Statoil keeps a 30% interest in the licence. The Gro licence is located in the Vøring Basin in the Norwegian Sea. Natural gas was confirmed in the licence by an exploration well in June 2009.A new well is currently being […]

  • Statoil: Hammerfest LNG Temporarily Stops Production (Norway)

    12 July 2012

    Production was halted temporarily by Statoil at Hammerfest LNG on Tuesday 10 July as a result of water ingression in the natural gas dryers. Water ingression causes ice formation in the cooling circuit. Big efforts are being made to get the gas liquefaction plant back on line quickly. Closer inspection will make it possible to […]

  • GE Oil & Gas and Statoil ink subsea agreement

    19 February 2016
    Business & Finance

    GE Oil & Gas has signed a Master Service Agreement with Statoil for new subsea projects that will enable GE to continue to support the international energy company in a low oil price environment. According to GE O&G, the global agreement forms the basis for potential new contracts for subsea equipment and services on new […]

  • Statoil: Gas is Essential for European Energy Mix (The Netherlands)

    10 May 2011

      At a time when governments in Europe are rethinking their energy policies, it is important that the industry collaborate in promoting natural gas as essential for Europe’s energy future. “Only together we can ensure that gas receives the attention and the role it deserves, being a secure, cost efficient and relatively clean source of […]

  • Statoil opens office in Berlin

    28 November 2014
    Business & Finance

    Statoil’s representative office in Berlin was officially opened on November 27, 2014 by marketing and trading senior vice president Rune Bjørnson. Statoil says that the opening of the Berlin office reflects the company’s increased ambitions in the German market. “I am very pleased that Statoil now has established a Berlin office. It marks a further […]

  • Statoil brings Gina Krog on stream

    3 July 2017
    Project & Tenders

    Norway’s Statoil has started production from the Gina Krog oil and gas field in the North Sea, offshore Norway.  The production started at 17.02 CET on June, 30, 2017, Statoil informed on Monday. Statoil and the partners invested a total of some NOK 31 billion ($3.7B) in the development of the Gina Krog field. “We […]

  • Statoil Calls Off Stena Carron Drillship Contract

    21 November 2014

    Statoil has decided to cancel the Stena Carron drillship contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola. The rig contract will cease with effect from 21 November 2014. Statoil’s first well results from the area have been disappointing and although the company still sees remaining prospectivity in […]

  • Norway: Aker Solutions Ships Out Subsea Templates for Skuld

    23 January 2012
    Business & Finance

    Last week, two of the three subsea templates for Statoil’s Skuld fast-track development were shipped out of Aker Solutions’ yard in Egersund, Norway. The two identical templates are being delivered on budget and on time, in line with Statoil’s standardization objectives to reduce cost levels as well as risk and time in execution of the […]

  • Norway: WGP Receives LoI to Provide Permanent Reservoir Monitoring Services for Statoil

    27 February 2013
    Business & Finance, Operations & Maintenance, Project & Tenders

    WGP announces that it has received and executed a letter of intent with Statoil ASA, the Norwegian energy company listed on the Oslo and New York stock exchanges, 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 […]

  • Statoil Sets Aside EUR 214 Million for Hywind Scotland Pilot Park

    3 November 2015
    Authorities & Government, Business & Finance, Storage, Technology

    Norwegian energy company Statoil has made the final investment decision to build the Hywind Scotland Pilot Park, the world’s first floating wind farm, offshore Peterhead in Aberdeenshire, after Scotland gave the project the go-ahead yesterday. The decision triggers investments of around NOK 2 billion (EUR 214 million), realizing a 60-70 percent cost reduction per MW from the Hywind demo project […]

  • Norway: Statoil, ABB Enter Subsea Technology Deal

    6 September 2013

    Statoil and ABB have entered an agreement to develop solutions for subsea electrical power transmission, distribution and power conversion systems for water depths down to 3,000 metres and over long distances. The agreement is in the form of a cost-shared joint industrial programme (JIP) led by Statoil on behalf of other participating oil companies, with […]

  • Statoil confirms layoffs

    16 June 2015

    Norwegian oil and gas giant Statoil has confirmed it will be laying off up to 1,500 permanent employees by the end of 2016.  Offshore Energy Today recently reported that Statoil might be reducing its workforce by 2,000 positions starting next year. The effort to standardise, simplify and increase efficiency across Statoil enters the next phase, the […]

  • Statoil Finds Gas Near Visund Field

    19 March 2014
    Business & Finance, Operations & Maintenance

    Statoil Petroleum AS, operator of production licence 120, has concluded the drilling of wildcat well 34/8-17 S. The well was drilled on the northeast flank of the Visund field, in the northern part of the North Sea. The well’s primary exploration target was to prove petroleum on the east flank of the Visund field in Lower […]

  • Statoil Profit Slips on Plunging Oil

    6 February 2015
    Business & Finance, Operations & Maintenance

    Norway’s Statoil has reported that its net operating income for the full year 2014 was NOK 109.5 billion (approximately $14.56 billion), compared to NOK 155.5 billion ($20.65 billion) same time last year. Fourth quarter 2014 net operating income was NOK 9.0 billion. Adjusted earnings in the fourth quarter of 2014 were NOK 26.9 billion, compared […]

  • Statoil Acquires Martin Linge and Garantiana Equity Stakes

    27 November 2017
    Business & Finance

    Statoil has informed that it will acquire Total’s equity stakes in the Martin Linge field (51%) and the Garantiana discovery (40%) on the Norwegian continental shelf for a consideration of USD 1.45 billion. As a result of the transaction, Statoil will also receive remaining tax balances with a nominal post-tax value of more than USD […]