Total in major sell-off ahead of Maersk deal closing
Total has struck a $1.45billion deal with Statoil.
Total has struck a $1.45billion deal with Statoil.
Statoil has published stunning footage of the topside for the Aasta Hansteen platform leaving a yard in South Korea.
Norway has given Wintershall the go-ahead to drill a wildcat well off Norway. North Atlantic Drilling’s West Phoenix rig will be used to drill the well, about 120 kilometres southwest of the Aasta Hansteen field. Wintershall has a 40% operated stake in licence 894, Statoil Petroleum has 40% and Petoro had 20%.
Norwegian energy giant Statoil said today that the Dudgeon wind farm in the North Sea had come in 15% under budget.
Statoil chief executive Eldar Saetre has said the oil major's Norwegian operation will look to develop ‘carbon-efficient’ crude.
The Oil and Gas Authority (OGA) has said that cross-border technology hackathons between the UK and Norway will take place this month.
Norway’s offshore safety body uncovered four non-conformities during checks on the Troll field and the Songa Endurance rig.
Statoil has awarded Sembcorp Marine in Singapore the £375million contract to build the hull and integrated living quarters for the vessel which will serve the Johan Castberg field in the Barents Sea.
Oil and gas giant, Statoil, today unveiled their remote-controlled oil rig with the opening of the Valemon control room in Bergen.
Statoil and its project partners in the Fram field off Norway have agreed to invest more than £90million to increase production from the asset.
Oil majors BP, Shell and Statoil have joined a consortium which will create a digital platform for the energy commodity trading sector.
Prosafe's $131million deal for Statoil's North Sea Mariner was not enough to cushion the financial blow for its third quarter.
Tullow Oil said today that it remains "fully committed" to Suriname after a wildcat well off the country came up dry.
Norwegian oil major Statoil today reported a jump in third quarter profits and said it expected to increase production by 6% this year.
Statoil confirmed it has successfully stopped a hydrocarbon leak at its Mongstad plant, two hours after first raising the alarm.
Statoil this morning raised the alarm after a naphtha leak on its Mongstad refinery in western Norway.
North Sea minnow Jersey Oil and Gas said today that it would raise £20million through an equity placement.
The lessons learned by a group of oil majors in their quest to improve North Sea production have been published today.
Statoil's chief executive will continue in his role after deciding not to exercise his contractual right to retire at the age of 62.
The UK North Sea headquarters of Norwegian oil and gas giant Statoil are up for sale at offers over £18.45million.
Statoil chief executive Eldar Saetre said today that oil prices were at the “low end of the cycle” and that demand was stronger than expected. Mr Saetre also said the shale sector, which has a huge influence on oil prices, had not yet peaked. Watch the full interview above.
Hywind Scotland, the first floating wind farm in the world, has started to deliver electricity to the Scottish grid today. Watch the video to learn more about this world first.
The world's first floating wind farm is being opened today in waters off the coast of Scotland.
Norwegian energy giant Statoil said today that it is carrying out an investigation into a fire on one of its North Sea platforms.
Norwegian energy giant Statoil said today that it is carrying out an investigation into a fire on one of its North Sea platforms.