The largest ever gathering of world leaders has met in Paris for COP 21 to try to agree on new climate goals. Statoil has set out a clear ambition to be competitive in a low-carbon future, and is also there. If you want to find out what they’re doing, check out the video below.
Statoil has invested NOK1million every hour of the year in its landmark Gina Krog field development. The Norwegian continental shelf platform is due to start production in 2017. Watch the highlights from its journey so far.
Statoil has agreed to sell its 20% stake in the Trans Adriatic Pipeline to Italian gas infrastructure firm Snam for EUR208million.
Total managing director Elisbeth Proust has joined the board of industry body Oil & Gas UK as part of a shake up of members.
Offshore moorings specialist MacGregor, has won an order for substructure connection mooring systems for Statoil's Hywind pilot park off the north east Scotland coast.
Key equipment for the world’s first floating windfarm will be made in Aberdeen and at Nigg Energy Park in the Highlands, it was announced yesterday.
Statoil has awarded the latest Hywind pilot park contract to Isleburn Limited.
Norway will probably see investments slump by one-fifth next year compared with 2014, when crude reached a peak, as the industry adjusts to considerably lower prices.
Statoil has been given consent from Norway's Petroleum Safety Authority to begin drilling an exploration well on the Oseberg field.
The oil and gas industry is at a turning point, according to the Statoil's chief executive Eldar Saetre.
Statoil has been given until November 30 to respond to non-conformities and improvements identified by Norwegian authorities following an inspection audit of the Gullfaks A platform.
Statoil said it has completed drilling of the Tarvos exploration well offshore Norway after making a small discovery. The exploration well 34/8-16 S was drilled on the east flank of the Visund field in the northern part of the North Sea. The well had been drilled by the Songa Trym drilling rig initially but following its completion the rig’s contract had been cancelled.
Statoil will decide next autumn on how to upgrade the Snorre oil and gas field in the North Sea, a company executive said today.
Energy giant Statoil is to exit Alaska following recent exploration results in neighbouring leases.
Statoil said it is already close to achieving its aim of reducing CO2 emissions on the Norwegian Continental Shelf by up to 800,000 tonnes by 2020. The Norwegian operator said it has now decided to increase its target by 50% to 1.2million tonnes. Seven years ago the petroleum industry, led by Konkraft, agreed on a goal of improved energy efficiency of up to one million tonnes of CO2 between 2008 and 2020.
Statoil has made a successful bid for new licence offshore Canada. The Norwegian operator and its partners were the winning bidders for six exploration licences in the Flemish Pass Basin, offshore Newfoundland, and two licence offshore Nova Scotia. The company will operate five licences and also participate in one licence as a partner.
The boss of Subsea 7 has said the fundamental long-term outlook for deepwater subsea field developments remains intact despite the company reporting $702million lower revenue in the third quarter of 2015 compared to the same period 12 months ago.
The benefits of offshore windfarms to the UK economy will be highlighted at an event next week.
The PSA (Norwegian Petroleum Safety Authority) has given Gasco and Statoil a deadline for the end of the month to investigate causes of corrosion at the Karsto processing facility. The body said Gasco now has until Novermber 26 to deal with issue raised. Statoil is the technical service provider at Karsto.
An Aberdeenshire oil and gas well technology firm has received a major boost after netting a multi-million pound contract with Norwegian energy major Statoil. Darcy - which takes its name from Darcy’s Law, the foundation for the understanding of fluid flows in porous media – tested its new “sand control” technology on Statoil’s Statfjord field on the Norwegian North Sea earlier this year. Darcy will now supply its patented Endurance Hydraulic Screen technology to Statoil as part of a contract that is expected to run for seven years and is worth millions of pounds to the firm.
The NPD (Norwegian Petroleum Directorate) has granted start-up consents for the Edvard Greig oil pipeline and the Utsira high gas pipeline. Both of these transport solutions will become part of the Edvard Greig and Ivar Aasen fields on the Utsira High in the North Sea. The oil transport system includes a 94-kilometre long 16-inch pipeline from the Edvard Greig platform and a new Y-connection point, which has been installed on the Grane oil pipeline about four kilometres away.
Norwegian operator Statoil said it has received an expert calculation of revised tract participation's for the Agbami field in Nigeria. The calculation will result in a reduction of 5.17% in Statoil’s equity interest in the field from 20.21% to 15.04%. The company previously initiated arbitration proceedings to set aside interim decisions made by the expert.
Statoil has awarded contracts for the catering and facilities services for its UK offshore and onshore operations to ESS Offshore and 14forty. Both companies are part of Compass Group UK & Ireland and the agreement is set to start next year. ESS Offshore won the offshore catering and facilities contract which includes the provision of services to the Mariner A platform and Mariner B floating storage unit.
Statoil has awarded Jacktel a $178million contract for Johan Sverdrup's accommodation rig.
Statoil said yesterday the groundbreaking renewable technology it is bringing to Scotland has the potential to supply the entire world with clean energy. It comes a day after the Scottish Government approved the Norwegian energy giant’s £180million plan to install the world’s first floating wind farm off the coast of Aberdeenshire. Statoil said the technology boasts a number of practical and environmental advantages over fixed turbine wind farms.