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18h
The Globe and Mail
Maybe big oil companies shouldn’t move beyond petroleumis sticking to its knitting. The two U.S. companies didn’t take part in a joint
Maybe big oil companies shouldn’t move beyond petroleum
The Globe and Mail / Posted 18 hours ago
is sticking to its knitting. The two U.S. companies didn’t take part in a joint statement put out by BP, Shell, Total and Statoil, supporting the commitments made in the Paris UN climate agreement. This need not be seen as cynicism. There are... Read more
21h
Business Wire
Analyzing Gas to Liquids Market 2016BP Plc N.2 Chevron Corporation N.3 Sasol Limited N.4 ConocoPhillips N.5 Exx
Analyzing Gas to Liquids Market 2016
Business Wire / Posted 21 hours ago
BP Plc N.2 Chevron Corporation N.3 Sasol Limited N.4 ConocoPhillips N.5 Exxon Mobil N.6 Royal Dutch Shell N.7 Statoil ASA N.8 General Electric N.9 Chiyoda Corporation N.10 Cosmo Oil N.11 Qatar Petroleum N.12 Syntroleum... Read more
1d
Market Watch
Norway Airbus crash linked to gearbox fatigueworkers and two pilots onboard. The flight was operated by CHC Helicopter Servi
Norway Airbus crash linked to gearbox fatigue
Market Watch / Posted yesterday
workers and two pilots onboard. The flight was operated by CHC Helicopter Services and flying to Bergen Airport from Statoil ASA's Gullfaks B oil field. The part appears to have failed without giving off some of the telltale signs operators... Read more
3 related stories
1d
heraldscotland
Wood Group hails Brazil contract win amid North Sea downturnfield off Brazil will provide a valuable boost for Wood. It represents a vote
Wood Group hails Brazil contract win amid North Sea downturn
heraldscotland / Posted yesterday
field off Brazil will provide a valuable boost for Wood. It represents a vote of confidence in the firm on the part of Statoil. The company said its proven ability to deliver cost-effective and efficient solutions was a key enabler to... Read more
1d
Channel NewsAsia
Norway investigators blame Airbus helicopter crash on gearbox failurerotor blades separated from the aircraft as it was ferrying passengers from a N
Norway investigators blame Airbus helicopter crash on gearbox failure
Channel NewsAsia / Posted yesterday
rotor blades separated from the aircraft as it was ferrying passengers from a Norwegian offshore oil platform operated by Statoil. The European Aviation Safety Authority on June 2 grounded H225 LP and AS332 L2 Super Pumas following the discovery... Read more
3 related stories
1d
The Star
Norway investigators blame Airbus helicopter crash on gearbox failurerotor blades separated from the aircraft as it was ferrying passengers from a N
Norway investigators blame Airbus helicopter crash on gearbox failure
The Star / Posted yesterday
rotor blades separated from the aircraft as it was ferrying passengers from a Norwegian offshore oil platform operated by Statoil. The European Aviation Safety Authority on June 2 grounded H225 LP and AS332 L2 Super Pumas following the discovery... Read more
3 related stories
1d
Aircraft Maintenance Technology
Hibernia Project, RDC and CAE inaugurate the New Helicopter Training and R&D Centre in Newfoundland and LabradorChevron Canada Resources (26.875%), Suncor Energy (20%), Canada Hibernia Holdin
Hibernia Project, RDC and CAE inaugurate the New Helicopter Training and R&D Centre in Newfoundland and Labrador
Aircraft Maintenance Technology / Posted yesterday
Chevron Canada Resources (26.875%), Suncor Energy (20%), Canada Hibernia Holding Corporation (8.5%), Murphy Oil (6.5%) and Statoil Canada Ltd. (5%). Find out more about HMDC at www.hibernia.ca. RDC is a provincial Crown corporation responsible for... Read more
2d
Scotsman
Wood Group wins multi-million Statoil deal in Brazil Wood Group has landed an offshore deal in Brazil with Statoil and Sinochem. Pi
Wood Group wins multi-million Statoil deal in Brazil
Scotsman / Posted 2 days ago
Wood Group has landed an offshore deal in Brazil with Statoil and Sinochem. Picture: Contributed Oil and gas services giant Wood Group today said it has won a multi-million dollar contract for an... Read more
2d
Zero Hedge
Oil Tumbles Amid Bad News For Glut As US Offshore To Hit Record In 2017oil auction to be held in December. Shell, Chevron, ExxonMobil, British BP, Fr
Oil Tumbles Amid Bad News For Glut As US Offshore To Hit Record In 2017
Zero Hedge / Posted 2 days ago
oil auction to be held in December. Shell, Chevron, ExxonMobil, British BP, French Total SA, Spanish Repsol, Norwegian Statoil and Mexican Pemex are among the major players now registered to bid for 10 blocks in the Gulf of Mexico, Prensa... Read more
3d
Reuters
Oil extends decline as Brexit concerns lingerOil and gas company Statoil gas processing and CO2 removal platform Sleipner T
Oil extends decline as Brexit concerns linger
Reuters / Posted 3 days ago
Oil and gas company Statoil gas processing and CO2 removal platform Sleipner T is pictured in the offshore near the Stavanger, Norway, February 11, 2016. TOKYO Oil prices dropped around half a percent on Monday, extending sharp declines after... Read more
3 related stories
4d
Arkansas Democrat-Gazette
Oil firms team up to lower expensesfrom 2018, he said. Still, lots of incremental savings can add up to significa
Oil firms team up to lower expenses
Arkansas Democrat-Gazette / Posted 4 days ago
from 2018, he said. Still, lots of incremental savings can add up to significant cost reductions for individual projects. Statoil ASA and its partners have cut the estimate for capital spending on the giant Johan Sverdrup field in the Norwegian... Read more
3 related stories
4d
TribLIVE
Oil companies aim to limit costsfrom 2018, he said. Still, lots of incremental savings can add up to significa
Oil companies aim to limit costs
TribLIVE / Posted 4 days ago
from 2018, he said. Still, lots of incremental savings can add up to significant cost reductions for individual projects. Statoil ASA and its partners have cut the estimate for capital spending on the giant Johan Sverdrup field in the Norwegian... Read more
3 related stories
5d
The Daily Comet
Oil explorers embrace the sharing economy to drill cheaper wellsfrom 2018, he said. Still, lots of incremental savings can add up to significa
Oil explorers embrace the sharing economy to drill cheaper wells
The Daily Comet / Posted 5 days ago
from 2018, he said. Still, lots of incremental savings can add up to significant cost reductions for individual projects. Statoil and its partners have cut the estimate for capital spending on the giant Johan Sverdrup field in the Norwegian North... Read more
3 related stories
5d
The Houma Courier
Oil explorers embrace the sharing economy to drill cheaper wellsfrom 2018, he said. Still, lots of incremental savings can add up to significa
Oil explorers embrace the sharing economy to drill cheaper wells
The Houma Courier / Posted 5 days ago
from 2018, he said. Still, lots of incremental savings can add up to significant cost reductions for individual projects. Statoil and its partners have cut the estimate for capital spending on the giant Johan Sverdrup field in the Norwegian North... Read more
3 related stories
5d
heraldscotland
Lux Asure nets £2.4m investmentin hydrocarbons, condensates and water. The funding was provided by Chevron Te
Lux Asure nets £2.4m investment
heraldscotland / Posted 5 days ago
in hydrocarbons, condensates and water. The funding was provided by Chevron Technology Ventures, ConocoPhillips Company, Statoil Technology Invest, Archangel Investors and the Scottish Investment Bank, the investment arm of Scottish... Read more
5d
Offshore Magazine
Majors fund further development of chemical management systemcontribute to enhanced production efficiency. The funding has come from Chevro
Majors fund further development of chemical management system
Offshore Magazine / Posted 5 days ago
contribute to enhanced production efficiency. The funding has come from Chevron Technology Ventures, ConocoPhillips Co., Statoil Technology Invest, Archangel Investors and the Scottish Investment Bank, the investment arm of Scottish... Read more
6d
Offshore Magazine
PSA reports regulation breaches after Visund well control investigationOffshore staff On March 22, a kick occurred during a well wash, and the PSA sa
PSA reports regulation breaches after Visund well control investigation
Offshore Magazine / Posted 6 days ago
Offshore staff On March 22, a kick occurred during a well wash, and the PSA said: “In advance of the incident, Statoil had assumed that barriers, notably in the form of a cemented 7-in. liner, had been verified. Shortly after the washing process... Read more
7d
The Hill
Oil industry pleads for Arctic drilling optionaren’t the end of the story for Arctic drilling, and oil companies want to rese
Oil industry pleads for Arctic drilling option
The Hill / Posted 7 days ago
aren’t the end of the story for Arctic drilling, and oil companies want to reserve the right to try again in the future. Statoil, a Norwegian state-owned oil company that exited Alaska in November, is lobbying for future Arctic lease... Read more
7d
Market Watch
Statoil cuts cash payout using scrip dividendsOSLO--Norway's Statoil ASA said Thursday that 43% of its fourth-quarter dividen
Statoil cuts cash payout using scrip dividends
Market Watch / Posted 7 days ago
OSLO--Norway's Statoil ASA said Thursday that 43% of its fourth-quarter dividend would be paid in shares instead of cash, reducing its cash dividend payout by $292 million. To free up cash, the company had, in February, offered its shareholders the... Read more
8d
AllAfrica.com
Natural Gas Activities and Role of EWURA(M&P). Other service providers that are still exploring in offshore and onshore
Natural Gas Activities and Role of EWURA
AllAfrica.com / Posted 8 days ago
(M&P). Other service providers that are still exploring in offshore and onshore are Ophir Energy plc, BG Group plc (BG), Statoil, ExxonMobil, and Aminex. Moreover, according to EWURA' Chairman, Prof Jamidu Katima more investors are expected to... Read more
8d
The Economic Times
Suncor targets acquisitions in North Sea, Eastern Canada: Reportspursue deals in the North Sea and Eastern Canada, where it could acquire licens
Suncor targets acquisitions in North Sea, Eastern Canada: Reports
The Economic Times / Posted 8 days ago
pursue deals in the North Sea and Eastern Canada, where it could acquire licenses, the sources said. Rivals Husky Energy, Statoil ASA and Shell Canada already own major Eastern Canadian assets. Suncor declined to comment. The company's recent... Read more
3 related stories
8d
The Globe and Mail
Suncor targets acquisitions in North Sea, Eastern Canada: sourcespursue deals in the North Sea and Eastern Canada, where it could acquire licens
Suncor targets acquisitions in North Sea, Eastern Canada: sources
The Globe and Mail / Posted 8 days ago
pursue deals in the North Sea and Eastern Canada, where it could acquire licenses, the sources said. Rivals Husky Energy, Statoil ASA and Shell Canada already own major Eastern Canadian assets. Suncor declined to comment. The company’s recent... Read more
3 related stories
8d
Reuters
Suncor targets acquisitions in North Sea, Eastern Canadadeals in the North Sea and Eastern Canada, where it could acquire licenses, the
Suncor targets acquisitions in North Sea, Eastern Canada
Reuters / Posted 8 days ago
deals in the North Sea and Eastern Canada, where it could acquire licenses, the sources said. Rivals Husky Energy (HSE.TO), Statoil ASA (STL.OL) and Shell Canada already own major Eastern Canadian assets. Suncor declined to comment. The company's... Read more
3 related stories
10d
Environmental Data Interactive Exchange
Scottish Government invests £1.5m in offshore windof the 1.2GW offshore wind development Hornsea Project One, the world's largest
Scottish Government invests £1.5m in offshore wind
Environmental Data Interactive Exchange / Posted 10 days ago
of the 1.2GW offshore wind development Hornsea Project One, the world's largest proposed offshore wind farm. Fellow member Statoil has revealed it is piloting an innovative battery storage system for offshore wind energy on the world's first... Read more
10d
SupplyChainSolutions - SupplyChainMarket
Leading International Energy Company Standardizes On AspenTech Manufacturing Execution Systems (MES) SolutionsInc. (NASDAQ: AZPN), a leading provider of software and services to the process
Leading International Energy Company Standardizes On AspenTech Manufacturing Execution Systems (MES) Solutions
SupplyChainSolutions - SupplyChainMarket / Posted 10 days ago
Inc. (NASDAQ: AZPN), a leading provider of software and services to the process industries, today announced that Statoil, a leading international energy company with headquarters in Stavanger, Norway, has selected AspenTech’s aspenONE®... Read more
12d
AllAfrica.com
Doris Akpovwa - Our Aim Is to Make Teeky a Global Brandand he thought it was a good idea. That's how we started. Where were you worki
Doris Akpovwa - Our Aim Is to Make Teeky a Global Brand
AllAfrica.com / Posted 12 days ago
and he thought it was a good idea. That's how we started. Where were you working at the time? I was working with STATOIL, a major oil company. After 20 years with STATOIL and 25 years in the oil industry, I thought it was time to quit and... Read more
13d
Offshore Magazine
Faroe finds oil near Brage offshore Norwaybe tied-back to the Brage production facilities or alternatively to other nearb
Faroe finds oil near Brage offshore Norway
Offshore Magazine / Posted 13 days ago
be tied-back to the Brage production facilities or alternatively to other nearby installations.” In the Norwegian Sea, Statoil has suspended production from the Njord and Hyme fields (Faroe 7.5%) and the Njord A semisubmersible platform will be... Read more
15d
Londonist
Book Now For The Science Museum's New Interactive Galleryfurther loss of free museum space, but those are the realities of running a mod
Book Now For The Science Museum's New Interactive Gallery
Londonist / Posted 15 days ago
further loss of free museum space, but those are the realities of running a modern, sustainable museum. Wonderlab: the Statoil Gallery opens in October 2016. Tickets can be booked now via the Science Museum website. All images copyright the... Read more
15d
Canberra Times
Arctic investment the 'best opportunity of last 12,000 years'Conservative Party-led government are pushing to cut plans to offer 54 blocks i
Arctic investment the 'best opportunity of last 12,000 years'
Canberra Times / Posted 15 days ago
Conservative Party-led government are pushing to cut plans to offer 54 blocks in the Barents Sea to explorers such as Statoil ASA (STL) and France's Total SA. "It's overly optimistic and premature that you can go into the Arctic and safely... Read more
15d
Offshore Magazine
Statoil may consider PEMEX partnership in deepwater GulfOffshore staff MONTERREY, Mexico – Statoil may seek to partner with Petroleos
Statoil may consider PEMEX partnership in deepwater Gulf
Offshore Magazine / Posted 15 days ago
Offshore staff MONTERREY, Mexico – Statoil may seek to partner with Petroleos Mexicanos (PEMEX) in Mexico’s deepwater fields as the producer looks to gain a foothold in the country’s recently opened energy market, according to a recent Bloomberg... Read more
15d
Offshore Magazine
Norway sanctions Oseberg Vestflanken 2in Norway, but it has been thoroughly tested in other areas, such as the Danish
Norway sanctions Oseberg Vestflanken 2
Offshore Magazine / Posted 15 days ago
in Norway, but it has been thoroughly tested in other areas, such as the Danish and Dutch continental shelves. Torger Rød, Statoil’s senior vice president for project management, said: “Oseberg Vestflanken 2 is a pioneer project of great strategic... Read more
16d
Corpus Christi Caller-Times
Coastal Bend Oil and Gas Report:past week in Aransas, Bee, Brooks, Duval, Jim Wells, Kenedy, Kleberg, Live Oak
Coastal Bend Oil and Gas Report:
Corpus Christi Caller-Times / Posted 16 days ago
past week in Aransas, Bee, Brooks, Duval, Jim Wells, Kenedy, Kleberg, Live Oak or San Patricio counties. MCMULLEN COUNTY Statoil Texas Onshore Properties LLC, of Houston, has filed for a permit to drill a 12,500-foot horizontal well in the... Read more
16d
AllAfrica.com
TPDC, Oil, Gas Investors to Meet Ahead of New LNG Plant Outlookagreement for the planned LNG plant. The meeting will be attended by Royal Dut
TPDC, Oil, Gas Investors to Meet Ahead of New LNG Plant Outlook
AllAfrica.com / Posted 16 days ago
agreement for the planned LNG plant. The meeting will be attended by Royal Dutch Shells, which acquired BG Group, Statoil, Exxon Mobil, and Ophir Energy, both planning to build the onshore LNG export terminal in a joint venture with... Read more
16d
Offshore Magazine
New DNV GL guideline encourages reuse of subsea documentationa contractor to have 25 people just on document control. Jan Ragnvald Torsvik,
New DNV GL guideline encourages reuse of subsea documentation
Offshore Magazine / Posted 16 days ago
a contractor to have 25 people just on document control. Jan Ragnvald Torsvik, lead engineer of Life Cycle Information at Statoil and co-chairman of the project, comments: “All JIP partners have invested considerable time and the outcome is a... Read more
17d
Market Watch
Value of Norway's oil and gas fields falls by $50Bfrom production taxes, 43% from the government's direct ownership in oil and ga
Value of Norway's oil and gas fields falls by $50B
Market Watch / Posted 17 days ago
from production taxes, 43% from the government's direct ownership in oil and gas assets, and 7% from dividends paid by Statoil ASA, in which the government has a 67% stake. Rystad Energy said it expected European demand for natural gas to... Read more
17d
Environmental Data Interactive Exchange
More than half of jobs in UK solar industry lost in wake of subsidy cutsan oil and gas producer to leading wind power developer. The larger pure oil co
More than half of jobs in UK solar industry lost in wake of subsidy cuts
Environmental Data Interactive Exchange / Posted 17 days ago
an oil and gas producer to leading wind power developer. The larger pure oil companies such as Total of France, Shell and Statoil have also started to invest recently in low-carbon activities. They are under pressure from some of their own... Read more
14 related stories
19d
heraldscotland
First offshore wind farm 'to save energy' creates ripple effectUK group members are now investing millions in similar plans. Stephen Bull, th
First offshore wind farm 'to save energy' creates ripple effect
heraldscotland / Posted 19 days ago
UK group members are now investing millions in similar plans. Stephen Bull, the senior vice-president for offshore wind at Statoil, said that including a storage option to increasing renewable supplies could give renewable firms a firmer footing to... Read more
19d
Offshore Magazine
Statoil boosts reserves for North Sea Krafla area projectOffshore staff OSLO, Norway – Statoil has proven small volumes of gas and cond
Statoil boosts reserves for North Sea Krafla area project
Offshore Magazine / Posted 19 days ago
Offshore staff OSLO, Norway – Statoil has proven small volumes of gas and condensate from its latest well in the North Sea, according to the Norwegian Petroleum Directorate (NPD). The well encountered gas columns at two levels in the top part of... Read more
19d
CTV News
Statoil confirms two new oil discoveries off Newfoundland and LabradorST. JOHN'S, N.L. -- Statoil says a 19-month drilling campaign in the Flemish Pa
Statoil confirms two new oil discoveries off Newfoundland and Labrador
CTV News / Posted 19 days ago
ST. JOHN'S, N.L. -- Statoil says a 19-month drilling campaign in the Flemish Pass off the coast of Newfoundland resulted in two discoveries of oil in the Bay du Nord area. The Norwegian company says in a statement the discoveries, at the Bay de... Read more
3 related stories
19d
Offshore Magazine
Statoil makes two more oil finds offshore Newfoundlandassessed range of 300-600 MMbbl recoverable oil, but possibly toward the lower
Statoil makes two more oil finds offshore Newfoundland
Offshore Magazine / Posted 19 days ago
assessed range of 300-600 MMbbl recoverable oil, but possibly toward the lower end. Erling Vågnes, senior vice president Statoil Exploration, Northern Hemisphere, said: “Based on the improved understanding of the Flemish Pass basin petroleum... Read more
3 related stories
20d
Market Watch
BP plans spinoff for listed JV with Det Norskecompany will be listed on the Oslo Stock Exchange. The deal will give BP a sma
BP plans spinoff for listed JV with Det Norske
Market Watch / Posted 20 days ago
company will be listed on the Oslo Stock Exchange. The deal will give BP a small interest in a prized field operated by Statoil ASA and slated to go online in 2019. It could also increase BP's future production from Norway, a country where its... Read more
8 related stories
20d
Market Watch
Statoil turns downbeat on Bay du Nord prospectsOSLO-Norway's Statoil ASA STO, -1.46% said Friday that a 19-month drilling camp
Statoil turns downbeat on Bay du Nord prospects
Market Watch / Posted 20 days ago
OSLO-Norway's Statoil ASA STO, -1.46% said Friday that a 19-month drilling campaign had found that the size of the remote Bay du Nord discovery off Newfoundland could be at the lower end of a previous estimate, which may make exploitation less... Read more
3 related stories
20d
The Globe and Mail
BP, Det norske agree $1.3-billion Norwegian oil mergerDet norske have agreed to merge their Norwegian businesses in a $1.3-billion (U
BP, Det norske agree $1.3-billion Norwegian oil merger
The Globe and Mail / Posted 20 days ago
Det norske have agreed to merge their Norwegian businesses in a $1.3-billion (U.S.) all-share deal to cut costs, challenge Statoil’s dominance of the local industry and look for more acquisitions. The new venture, which could produce over a tenth... Read more
4 related stories
20d
CBC.ca
Statoil confirms 2 new oil discoveries in Flemish Pass BasinThe assessment of a 19-month Statoil drilling program in Newfoundland's offshor
Statoil confirms 2 new oil discoveries in Flemish Pass Basin
CBC.ca / Posted 20 days ago
The assessment of a 19-month Statoil drilling program in Newfoundland's offshore is ongoing, but the company says it has made two discoveries in the Bay du Nord area. Statoil wrapped up its drilling program last month, with the West Hercules... Read more
3 related stories
20d
Reuters
BP and Det norske agree $1.3 billion Norwegian oil mergernorske (DETNOR.OL) have agreed to merge their Norwegian businesses in a $1.3 bi
BP and Det norske agree $1.3 billion Norwegian oil merger
Reuters / Posted 20 days ago
norske (DETNOR.OL) have agreed to merge their Norwegian businesses in a $1.3 billion all-share deal to cut costs, challenge Statoil's (STL.OL) dominance of the local industry and look for more acquisitions. The new venture, which could produce over... Read more
4 related stories
20d
International Business Times
BP Norway and Det Norske agree $1.3bn oil merger Det Norske's standing as Norway's biggest independent operator of oil platforms
BP Norway and Det Norske agree $1.3bn oil merger
International Business Times / Posted 20 days ago
Det Norske's standing as Norway's biggest independent operator of oil platforms, behind state-controlled market leader Statoil. A spokesperson for BP confirmed that a quarterly dividend policy would be introduced by Aker BP, with the first... Read more
4 related stories
20d
The Economic Times
BP and Det norske agree $1.3 billion Norwegian oil mergeragreed to merge their Norwegian businesses in a $1.3 billion share deal to cut
BP and Det norske agree $1.3 billion Norwegian oil merger
The Economic Times / Posted 20 days ago
agreed to merge their Norwegian businesses in a $1.3 billion share deal to cut costs, increase profitability and challenge Statoil's Norwegian offshore dominance. The new venture will offer BP an opportunity to tap into new oil production capacity... Read more
4 related stories
20d
Offshore Magazine
Business BriefsVoss, GE Oil & Gas; Advisory Board Chairman Eric Hevle, Ecopetrol America; Rand
Business Briefs
Offshore Magazine / Posted 20 days ago
Voss, GE Oil & Gas; Advisory Board Chairman Eric Hevle, Ecopetrol America; Randy Seehausen, INTECSEA; and Pete Stracke, Statoil Front Row from Left to Right: Kazu Kochi, Petrobras America; Chuck Horn, Genesis; David LaCaze, Shell; John... Read more
20d
Market Watch
Schlumberger appoints former BG boss to its boardlast year, only a few weeks before Shell moved in with its offer for the compan
Schlumberger appoints former BG boss to its board
Market Watch / Posted 20 days ago
last year, only a few weeks before Shell moved in with its offer for the company. Mr. Lund came to BG from Norway's Statoil ASA, where he won praise as a skillful executive, forcing the Norwegian company over his 10-year tenure as CEO to... Read more
20d
The Intelligencer and Wheeling News-Register
Paying by the Rules In Marshall CountyAs we reported, officials of Statoil, which has gas and oil wells in Marshall C
Paying by the Rules In Marshall County
The Intelligencer and Wheeling News-Register / Posted 20 days ago
As we reported, officials of Statoil, which has gas and oil wells in Marshall County, learned a clerical error was made in how they reported production. That in turn caused their wells to be improperly appraised for property tax purposes in 2015.... Read more
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