Statoil plans to drill between 25 and 30 wells in Norwegian waters in 2018.
Read More »The End of Oil
World’s Largest Fund to Dump Oil Investments. Invest Away From Oil.
Read More »Statoil Seeks Partnership with Adnoc
The Norwegian government supports R&.D with financial incentives.
Read More »Statoil fined $4million over attempts to ‘manipulate’ market
Statoil’s plan to profit by creating an artificial settlement price for Statoil’s financial and physical propane positions did not materialize as hoped.
Read More »Big Oil Back To Boosting Shareholder Returns
As the higher oil prices and the cost cuts resulted in strong cash flows for Big Oil. the companies are now trying to reward their shareholders.
Read More »Norway Remains Among World’s Top 10 Places to Find Oil
Earlier this week Norway’s Statoil reported yet another dry well in the Barents Sea. some 100 km northwest of the Johan Castberg discovery.
Read More »European Oil Companies Plan Major Carbon Capture Project in Norway
The companies aim to capture 1.5 million tons of carbon dioxide per year in the project'.s first phase.
Read More »Statoil and Partners Plan Output Capacity Expansion at Norway`s Troll Gas Field
The other partners are oil majors Shell with 8.1 percent. Total with 3.7 percent and ConocoPhillips with 1.6 percent.
Read More »Statoil Vies for a Stake in Abu Dhabi`s Offshore Oil
Adnoc plans to merge ADMA-OPCO with the Zakum Development Co.. or Zadco. of which it also owns 60 percent. by the end of the year.
Read More »Statoil and Eni Hire Bristow Helicopters for Offshore Operations
These long-term contracts mean that Hammerfest will be an important helicopter base for us for many years to come.
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