Tagged: gas

APA 2009 – Awards

The Government has decided to offer 38 production licenses in the awards in predefined areas 2009 (APA 2009). – Today I am offering production licenses to 42 companies of which 19 companies are offered...

Statoil launch new biofuel in Norway

Statoil is the first company in Norway to offer 5 per cent bioethanol to general consumers. From January 2010 onwards 40 per cent of Statoil’s stations will be selling the new biofuel “Bensin 95”....

Environmentally friendly drilling solutions in the US

Statoil is the first operator in the US Gulf of Mexico to adopt the Riserless Mud Recovery (RMR) system that reduces discharges to sea. The environmentally friendly drilling solution has been used on the...

Adjusted ownership split in West Qurna 2

Lukoil and Statoil initialized the contract with Iraqi authorities for the West Qurna 2 field. Lukoil and Statoil have agreed to adjust the ownership split, increasing Statoil’s share from 15 % to 25 %....

Statoil gas platform shut down after leak

Today, a gas leak shut down production at a North Sea natural gas platform operated by Statoil ASA, the company said. Production was halted at the unmanned Sleipner B platform after an alarm alerted...

Gas discovery near Norne

Statoil has discovered gas two kilometers south-west of the Norne field in the Norwegian Sea during the drilling of exploration well 6507/3-8. A gas column 143 meters high was identified in the Fangst and...

New technology in North Sea test

A new method which simplifies drilling operations in unstable formations and thereby saves time and costs has been tested by Statoil on the Brage field. This “liner drilling” solution makes it possible to operate...

Increase in energy prices

The CPI grew 0.3 per cent in November. Prices of energy goods were the most important factors behind the growth. The CPI rose 1.5 per cent from November 2008 to November 2009, while CPI-ATE...

Lower oil prices gave less surplus

Current account surplus accounted for NOK 83 billion in the third quarter; 28 percent less than the corresponding quarter in 2008. The main reason for this is a decline in oil prices. Since the...