Latest news
Norway: Statoil to connect its onshore power to North Sea fields
Norwegian energy giant Statoil envisages connecting onshore power to some North Sea oil and gas fields by 2018, move which will cost 10 billion crowns ($1.75 billion) investment that could potentially slash its future tax bill.
read more... 02/11/2012
Statoil and Total: significant gas discovery in the North Sea
The Norwegian oil and gas company Statoil and the French giant Total have made a significant gas discovery in the Southern part of the Norwegian North Sea, in the King Lear prospect. Until now 7 new oil and gas discoveries were made on the Norwegian Shelf, from which 4 were made in the North Sea, 2 in Norwegian Sea and one in Barents Sea.
read more... 12/07/2012
Statoil: global energy demand up 40% by 2040
Global energy demand is expected to increase by more than 40 per cent towards 2040, according to Statoil’s annual outlook for global economics and energy markets – Energy Perspectives 2012, as economic output more than doubles and prosperity expands across a world whose population will grow to nearly 9 billion people. Meanwhile, by 2030, global oil demand is set to reach a plateau level of around 100 million barrels per day, as gas and renewables account for a greater share of the energy mix.
read more... 22/06/2012
Statoil: Valemon steel jacket completed
The Norwegian oil major confirmed on Tuesday that the operation in the North Sea to install the 9,000 ton steel jacket was completed as scheduled and that the project remains on time.
read more... 20/06/2012
Rosneft to strike a $2.5 billion Arctic deal with Statoil
The Russian state oil giant Rosneft announced that it inked a $2.5 billion Arctic exploration deal with Norway's major Statoil on Saturday, move that will allow companies to jointly develop four hydrocarbon deposits in Russia's Arctic and Far East.
read more... 07/05/2012