Latest news

Centrica to import more gas from Russia, Norway

Centrica, the largest supplier in the UK, has extended existent contracts with two of the world's largest producers, Russia's Gazprom and Norway's Statoil, move that will increase kingdom’s dependence on gas imports, as its production diminishes.

read more... 14/05/2015

news

Statoil should go ahead with Snorre field expansion

Norway's Statoil should continue with the postponed improvement of the Snorre oil and gas field in the North Sea since it is a time-critical investment, as stated by energy minister Tord Lien on Monday.

read more... 28/04/2015

news

Statoil makes gas discovery close to Aasta Hansteen field

Energy company Statoil made another gas discovery close to its Aasta Hansteen field in the Norwegian Arctic, further developing the gas resource in one of its largest ongoing projects, as it declared on Monday.

read more... 14/04/2015

news

Statoil: contract of NOK 8 billion for oil platform awarded to Aibel

Statoil has awarded a deal estimated at NOK 8 billion (£0.7bn) to construct an offshore drilling platform.

read more... 26/02/2015

news

Statoil manager remains to dividend policy in spite of low oil prices

Norwegian oil and gas producer Statoil will keep on making dividend payments a major priority even if oil prices have decreased more sharply than it anticipated, obliging it to be selective over projects, as stated by its acting chief executive.

read more... 09/01/2015

news