Tagged: Statoil

Strengthening UK heavy oil position

Statoil and Nautical Petroleum have today signed an agreement whereby Statoil will acquire 20.67% of Nautical Petroleum’s interest in UK offshore license P335 containing the Mariner field. This strengthens Statoil’s position as operator, and...

Next generation wind turbine on trial

In the world’s northernmost wind farm at Havøygavlen, Statoil is to test next generation turbine technology. The innovation is a gearless turbine that promises to achieve significant reductions in operation and maintenance costs for...

Norway Keen to Exploit Carbon Capture Lead

One hour by helicopter from the Norwegian coast, the mammoth Sleipner platform rises more than 200 metres above the grey water of the North Sea. Named after a mythical eight-legged horse, it sucks natural...

Keen interest in Statoil apprenticeships

Out of a total 1,954 applications, Statoil has taken on 181 apprentices in 2010. Statoil received 400 more applications compared with last year and the company is taking on 181 new apprentices, compared with...

Aker Solutions awarded Marulk tie-in to Norne in Mid Norway

Statoil has awarded to Aker Solutions  Marulk tie-in to the floating production, storage and offloading (FPSO) vessel Norne. Aker Solutions estimates the value of the work to be approximately NOK 120 million. “This award...

Statoil important for renewable energy

Oil and Energy Minister Terje Riis-Johansen (Q) states that the state own oil company Statoil is important for the investment in renewable energy. “It is necessary that large companies get involved. We need their...

Start-up on Morvin

Statoil commenced production of oil from the Morvin subsea field towards the Åsgard field in the Norwegian Sea Sunday, 1 August. “The field is strategically important for further development and operation of activities in...

Stability Crucial to US Investment, Warns Statoil

Statoil has warned U.S. authorities that oil companies need a “stable and predictable” regulatory environment if they are to press ahead with investments in the Gulf of Mexico after the BP oil spill. The...

Statoil named as possible buyer of BP assets

28 July 2010 – Norwegian oil major Statoil ASA (OSL: STL) could be one of the potential buyers now when UK energy major BP (LON: BP) will sell assets worth USD30bn to cover its...

Gjøa gets connected

On July 11, Statoil switched on the power, making Gjøa Norway’s first floating platform to get electricity from the mainland. “This is a good example of how Statoil can play a part in solving...