Statoil offloads oil sands business, pockets $832million
Statoil has sold its 100% owned Kai Kos Dehseh (KKD) oil sands projects in the Canadian province of Alberta to Athabasca Oil Corporation.
Statoil has sold its 100% owned Kai Kos Dehseh (KKD) oil sands projects in the Canadian province of Alberta to Athabasca Oil Corporation.
A subsidiary of offshore drilling contractor Seadrill has confirmed it lodged a complaint against Statoil at a court in Stavanger.
About 30 catering and cleaning staff are expected to lose their jobs at Sodexo in Norway, a news report said.
Statoil's permanent ban of Super Puma helicopters has come as a blow to Airbus which said it "regrets" the move.
Statoil today committed to playing its part to cut four million tons of CO2 by 2030.
Statoil said it will not use Airbus’ Super Puma helicopter even if they are eventually given the go-ahead by Norway’s Civil Aviation Authority.
Statoil was awarded two blocks in Mexico's Saline Basin in the country's first ever deepwater tender.
Statoil said today that pre-drilling had started on its flagship Mariner field in the UK North Sea.
The Norwegian government confirmed it would appoint a public commission to examine safety in the oil and gas sector.
Jersey Oil & Gas said oversubscribed placing has seen the firm raise £1.6million from new and existing shareholders.
Statoil is looking for help to study development options for its Bay du Nord discovery in the Flemish Pass Basin.
A Norwegian politician has launched a new working group to produce a white paper on offshore safety in the region.
A team from Norway’s offshore safety body will land on the Scarabeo 5 today to investigate the circumstances that caused a fire to break out on the rig on Tuesday.
A glut of North Sea oil that’s helped depress global prices and heap pressure on OPEC is poised for short-term relief after traders booked tankers to take as much as half of the region’s key oil flow to Asia.
Thirty-three workers were evacuated from a drilling rig in the Norwegian Sea yesterday after a fire broke out in one of its engine rooms.
Statoil has topped a league table that ranked oil companies based on how well prepared they are for a transition to a low-carbon economy.
Statoil has completed its $2.5billion deal to buy 66% of an offshore licence in Brazil’s Santos Basin from Petrobras, the Norwegian oil major said yesterday.
A fire which broke out on the Scarabeo 5 drilling rig in the Norwegian Sea this evening has been brought under control, Statoil said.
Plans were being made to evacuate 106 people from a drilling rig in the Norwegian Sea after a fire broke out in the engine room this evening.
A Statoil boss in Bergen said he believes the company could start hiring again soon.
A final investment decision on Tanzania’s $30bllion onshore liquefied natural gas export terminal (LNG) will not be made for at least five years according to Statoil’s country manager.
Statoil is said to be looking for approval from the Norwegian government for the Mim prospect in the North Sea.
The offshore fleet tending to Norway’s oil industry, already sailing through the worst downturn in a generation, is in for even more pain, according to the head of the Norwegian Shipowners’ Association.
The planning application has been submitted for a project to install a multi-turbine floating wind-energy demonstrator off Dounreay.
A North Sea well operated by Statoil is expected to be drilled next summer.