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Statoil launched its Valemon offshore oil and gas field

Norwegian oil and gas firm Statoil announced that the Valemon gas and condensate field in the North Sea started production on January 3.

read more... 06/01/2015

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Statoil awarded with stakes in 12 new UK licenses

Norwegian energy firm Statoil declared on Thursday it had won stakes in 12 new licenses on the UK Continental Shelf.

read more... 07/11/2014

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Statoil finds new oil bonanza in North Sea

Norwegian oil giant Statoil unveiled on Tuesday it discovered at least 30 million barrels of oil in the Grane area in the Norwegian waters of the North Sea, being a result of a recent re-evaluation of the area.

read more... 22/10/2014

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Statoil: Shah Deniz stake sold for $2.25 billion to Petronas

Norway's Statoil has vended a stake of 15% in the Azeri gas project Shah Deniz to Malaysia's Petronas for $2.25 billion, the newest asset the company is vending to guard its cash flow and profits to shareholders.

read more... 13/10/2014

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Norway: Statoil signs deal to vend gas to Ukraine’s Naftogas

Norwegian energy company Statoil has inked an agreement to vend gas to Ukraine state gas firm Naftogaz, according to the Nordic company on Friday, supplying another source of gas for Ukraine after Russia’s halt of supplies.

read more... 06/10/2014

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