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Statoil achieves final stretch of Polarled pipeline to connect Arctic with Europe

The last piece of Statoil's 482.4-km long Polarled Pipeline was put in place at the Aasta Hansteen field at a depth of 1,260 metres in the Norwegian Sea.

read more... 01/10/2015

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Statoil launches first production at Smorbukk South Extension project

Norwegian energy giant has commenced production from Smorbukk South Extension project, two and a half years after project sanction, being considered infeasible and unprofitable initially due to permeability.

read more... 07/09/2015

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Statoil will launch world’s first subsea gas compressor in September

Norway's Statoil intends to commission in September the world's first subsea gas compression facility, a technology that could prove essential for oil companies since they aim to move offshore equipment to the seabed, away from ice and storms.

read more... 21/07/2015

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Statoil to lay off up to 1,500 permanent employees amid crude oil price collapse

Norway’s state-controlled Statoil envisages cutting its workforce between 1,100 and 1,500 by end of 2016 as an effort to standardise, simplify and increase efficiency across the company.

read more... 17/06/2015

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Statoil stretched gas supply agreement with Britain's SSE

Norway's Statoil declared on Monday it had extended five-fold a long-term gas sale deal with Britain's second-largest utility SSE.

read more... 02/06/2015

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