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Statoil discovers gas reserves near the Gullfaks South field

Statoil, the largest operator on the Norwegian continental shelf, has found gas and condensate located about 2 km west of the Gullfaks South field, in the middle sector of the North Sea.

read more... 10/02/2011

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Daily Energy Market Overview, Friday, January 28, 2011

The Statoil announced that it will reduce production capacity on the Troll oil giant starting Thursday because of repairs that will last almost one week, while the North Sea crude oil reached its highest level over U.S. oil for two years.

read more... 28/01/2011

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Statoil won 11 production licenses on Norwegian continental shelf

Statoil, the largest operator on the Norwegian continental shelf, with 60% of the total production has received 11 production licenses on the Norwegian continental shelf (NCS).

read more... 21/01/2011

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Statoil delayed its planned output increase by 2012.

Norway's Statoil decreased its 2010 oil and gas production target on Wednesday, after heavy maintenance work in the third quarter that affected its earnings and casted doubt on its plans to increase the output to 14% by 2012.

read more... 04/11/2010

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Statoil’s initial public offer is rising above $725 million

The initial public offer, for Statoil's filling stations unit, was fully covered, as expected, in the upper half of the price range on Wednesday, according to officials from Norwegian oil firm.

read more... 21/10/2010

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