864 results found for 'valemon'

864 results found for 'valemon'
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  • Shell sheds two Norwegian fields

    20 June 2018
    Business & Finance

    Shell has reached an agreement with OKEA AS to sell its entire 44.56% interest in Draugen and 12.00% interest in Gjøa in Norway.

  • Statoil Nets 10 Production Licences on NCS

    21 January 2014

    Statoil has been awarded interests in 10 production licences in the Awards in Predefined Areas 2013 (APA 2013) on the Norwegian continental shelf. Statoil will be the operator in 7 of the licences. “We are very pleased with the APA 2013 award which is in line with our strategy. It makes a good basis for […]

  • Statoil in USD 1.3 Bln Asset Sale Off Norway

    12 September 2014
    Business & Finance, Operations & Maintenance

    Statoil ASA farms down in Aasta Hansteen, Asterix and Polarled and exits two assets on the NCS for a consideration of USD 1.3 billion, including contingent payment. Through this transaction Statoil monetises on the Aasta Hansteen field development project, while retaining the operatorship and a 51 % equity share. In addition Statoil exits the non-core […]

  • Statoil Awarded New Licences on Norwegian Continental Shelf

    21 January 2014
    Business & Finance, Operations & Maintenance

    Statoil has been awarded interests in 10 production licences in the Awards in Predefined Areas 2013 (APA 2013) on the Norwegian continental shelf. Statoil will be the operator in 7 of the licences. “We are very pleased with the APA 2013 award which is in line with our strategy. It makes a good basis for […]

  • Gassco to use Vesterled pipeline beyond design life

    22 January 2019
    Project & Tenders

    Norwegian gas transport company Gassco has received approval to use the Vesterled subsea pipeline in the North Sea beyond the design life. “We have now given Gassco consent to operate the pipeline until the production license expires in 2028,” the Petroleum Safety Authority Norway said on Tuesday. Vesterled transports dry gas from the Heimdal riser […]

  • Fresh multi-year extension for UK firm covering Equinor’s oil & gas assets off Norway

    16 September 2022
    Business & Finance, Business Developments & Projects, Collaboration, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Transition

    Tendeka has inked a multi-year extension deal to provide sand and inflow control technology across Equinor’s oil and gas assets on the NCS.

  • New report outlines pathway to scaling up Scotland’s tidal energy sector

    13 May 2025
    Authorities & Government, Business Developments & Projects, Collaboration, Environment, Outlook & Strategy, Regulation & Policy, Research & Development, Safety

    A new report from the European Marine Energy Centre (EMEC) calls for coordinated regulatory reform to unlock Scotland’s tidal energy potential while addressing environmental concerns over harbour seals. According to EMEC, the new report published today, May 13, Managing the Consenting Risk of Harbour Seal Collision in the Scottish Tidal Energy Industry, outlines key recommendations […]

  • Centrica and Bayerngas Join Forces to Form New E&P Company

    17 July 2017
    Business & Finance, Operations & Maintenance

    Centrica and Stadtwerke München (SWM) have reached an agreement to combine Centrica’s European oil and gas exploration and production (E&P) business with Bayerngas Norge to form a newly incorporated joint venture  and create an independent European E&P company. The Joint Venture will have two shareholding entities. Centrica will own 69% and Bayerngas Norge’s existing shareholders, […]

  • Statoil: Global Jigsaw Puzzle for Gudrun

    15 November 2012
    Business & Finance

    Norway’s oil giant Statoil today announced that the Gudrun platform deck arrived at Haugesund on Tuesday, after a month-long voyage from Thailand. The platform will now be assembled on land, with building blocks from three continents. Statoil is slated to deliver 2.5 million barrels of oil equivalents per day in 2020. Realising the project portfolio […]

  • 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 Revenues Increase in 2Q (Norway)

    26 July 2012
    Business & Finance

    Statoil’s second quarter 2012 net operating income was NOK 62.0 billion, a 2% increase compared to NOK 61.0 billion in the second quarter of 2011. “Statoil continues to deliver good financial results and strong cash generation. We increased oil and gas production by 17% in the second quarter compared to the same period last year. […]

  • Norway: Statoil Increases Oil and Gas Production by 17 pct in 2Q

    26 July 2012
    Business & Finance

    Statoil’s second quarter 2012 net operating income was NOK 62.0 billion, a 2% increase compared to NOK 61.0 billion in the second quarter of 2011. “Statoil continues to deliver good financial results and strong cash generation. We increased oil and gas production by 17% in the second quarter compared to the same period last year. […]

  • Statoil Posts Q3 2010 Results (Norway)

    3 November 2010

    Statoil’s third quarter 2010 net operating income was NOK 28.2 billion, compared to NOK 28.3 billion in the third quarter of 2009. The quarterly result was positively affected by a 14% increase in liquids prices and an 8% increase in gas prices compared with third quarter last year. In addition, we had a reduction in […]

  • Statoil: Extensive Maintenance, Robust Financials (Norway)

    3 November 2010
    Business & Finance

    Statoil’s  third quarter 2010 net operating income was NOK 28.2 billion, compared to NOK 28.3 billion in the third quarter of 2009. The quarterly result was positively affected by a 14% increase in liquids prices and an 8% increase in gas prices compared with third quarter last year. In addition, we had a reduction in […]

  • Statoil: Minister of EEA and EU affairs visits Troll A platform

    22 October 2015
    Equipment, Exploration & Production

    Vidar Helgesen (Conservative Party of Norway), minister of European Economic Area (EEA) and EU affairs, has paid a visit to the Statoil-operated ‘Troll A’ platform, in the Troll field, located in the Norwegian part of the North Sea. The reason behind the visit was the start-up of the two new giant compressors on the Troll A platform in […]

  • 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: New Compressors to Boost Recovery from Troll

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

    On 4 June, two new compressors were lifted aboard the Troll A platform in the North Sea. Once the compressors are up and running next year, they will boost recovery from Troll by more than 83 billion standard cubic metres of gas. As gas is produced on the giant Troll field, pressure in the reservoir […]

  • High Exploration Activity on the Norwegian Continental Shelf

    26 July 2010

    At the end of the first half of 2010 (as of 24 June) 2five exploration wells on the Norwegian shelf had been completed. During the same period last year, 33 exploration wells were drilled. 19 of the 2five are wildcat wells (new prospects) and six are appraisal wells (for delineation of earlier discoveries). Nine discoveries […]

  • Statoil reports loss in Q3

    29 October 2014
    Business & Finance

    Statoil reported third quarter 2014 net operating income of NOK 17.0 billion, a decrease from NOK 39.3 billion in the third quarter of 2013. Net income was negative NOK 4.8 billion mainly due to impairments. Adjusted earnings were NOK 30.9 billion, a decrease from NOK 40.4 billion in the third quarter of 2013. “Statoil’s quarterly earnings […]

  • Norway: Mature Offshore Fields Call for Quick Action, Petoro Says

    28 October 2011
    Business & Finance

    A strong cash flow to the government and strong additions to oil and gas reserves are highlights of Petoro’s accounts for the State’s Direct Financial Interest (SDFI) for the third quarter of 2011. Net cash flow in the first nine months was NOK 97.3 billion, up 18.8 bn from the same period last year. The […]

  • Troll A gets new compressors

    5 June 2014
    Equipment, Project & Tenders

    On 4 June, two new compressors were lifted aboard the Troll A platform in the North Sea. Once the compressors are up and running next year, they will boost recovery from Troll by more than 83 billion standard cubic meters of gas. As gas is produced on the giant Troll field, pressure in the reservoir […]

  • Statoil in Aasta Hansteen, Polarled farm-downs

    12 September 2014

    Statoil has today announced it will farm down stakes in Aasta Hansteen, Asterix and Polarled projects and exit two assets on the NCS for a consideration of USD 1.3 billion, including contingent payment.

  • UK: Centrica, Statoil Sign Gas Sales Agreement

    21 November 2011

    Centrica plc, the parent company of British Gas, today signed a strategic agreement with Statoil ASA for the supply of 50 billion cubic metres (bcm) of gas to the UK. The 10 year, NBP-linked gas supply contract begins in 2015 and secures sufficient gas to meet around five per cent of total UK annual demand, […]

  • Equinor strikes oil and gas near Troll field

    5 February 2021
    Business & Finance, Business Developments & Projects, Exploration & Production

    Equinor and partners have struck gas and oil in production licence 923, the first discovery this year made near the Troll field in the North Sea.

  • New E&P player Spirit Energy starts trading

    11 December 2017
    Business & Finance

    Spirit Energy, the E&P joint venture which combines Centrica’s E&P business with Bayerngas Norge, has begun trading as an independent oil and gas operator. Completion of the transaction – which was announced on July 17, 2017 – follows receipt of all the required regulatory approvals and Spirit Energy now becomes an independent European E&P company, […]