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Statoil sold 24.1 percent of its gas pipeline stake

The Norwegian state energy giant, Statoil said on Monday that it will sell a 24.1 percent stake in the world's largest offshore gas pipeline network to an investment group including German insurer Allianz and the Abu Dhabi Investment Authority for 17.35 billion crowns ($3.25 billion).

read more... 07/06/2011

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Statoil registers stronger Q1 profit on high oil prices

Norwegian oil and gas major Statoil ASA reported on Wednesday that higher oil and gas prices have boosted its first quarter profits by 44 percent.

read more... 05/05/2011

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Statoil halted production at its Njord platform following a gas leak

Norwegian oil giant Statoil announced that it had to halt its production on the Njord platform on Sunday as a result of operational problems with gaskets in a gas export compressor. Later, a gas leak was discovered in one of the risers.

read more... 27/04/2011

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Statoil began oil production at Peregrino field in Brazil

Norwegian oil company Statoil announced on Thursday that it has discovered a significant oil reserve at its Peregrino field in Brazil and started oil production last week having the goal to become the second-largest operator there, after Petrobras.

read more... 15/04/2011

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Statoil initiates investigations at the Visund field after gas leak

Norway’s biggest oil and gas producer Statoil has initiated investigation operations at the Visund field in the North Sea following the gas leak that occurred over the weekend.

read more... 12/04/2011

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