Official information
Banner
Banner

Statoil: New opportunities in the Barents Sea

 

altIn the 22nd licensing round on the Norwegian continental shelf (NCS), Norway's Statoil has been awarded interests in seven production licences in the Barents Sea. Three of the licences will be Statoil operated.

 

"Statoil has been awarded new quality acreage in the Barents Sea. It creates a good foundation for expanding and deepening the core position Statoil has built in the region in line with the company's sharpened exploration strategy," says Gro Gunleiksrud Haatvedt, Statoil senior vice president for exploration on the NCS.

"Statoil is pleased with the award, which is in line with our application. We have got equity in all prioritised licences for this round," says Haatvedt.

"There was strong and wide competition in this licensing round with participation of international oil majors in addition to smaller companies," says Haatvedt.

"We look forward to close cooperation with our new partner Rosneft both in the Norwegian and the Russian parts of the Barents Sea, leveraging our companies' combined experience of operating in frontier environments," says Haatvedt. "We are also glad to continue working with ENI, our long-standing partner in the area."

"Statoil has a strong belief in the Barents Sea as a prolific oil and gas region with significant yet-to-find resources. It will require a significant effort to develop the opportunities that lie in this immature area. We will continue working hard to unlock this potential and to contribute to the new industrial horizon in the north," says Haatvedt.

(NRK/Aftenposten/Press release)


Related Articles

Norway to provide about NOK 10 billion to Syria

At the donor conference for Syria in London on Thursday, Prime Minister Erna Solberg said Norway will provide about NOK 10 billion in emergency aid to Syria and its neighbouring countries over the next four years...Read more...

Rolls-Royce wins large Norwegian deal

Rolls-Royce has announced a $2.7bn (£1.9bn) order to manufacture and service 19 new Boeing 787 Dreamliner engines for the low fare airline, Norwegian, BBC reports...Read more...

Norway provides NOK 10 million to fight Zika virus

  Minister of Foreign Affairs Børge Brende says Norway will provide NOK 10 million for WHO efforts to fight the Zika virus...Read more...

Norway condemns terrorist attack in Pakistan

- I condemn the terrorist attack on Bacha Khan University in northwestern Pakistan Wednesday in the strongest possible terms, says Norwegian Minister of Foreign Affairs Børge Brende...Read more...

Fisheries: Stable catch for 2015

In 2015, Norwegian vessels delivered 2.3 million tonnes of fish, crustaceans and molluscs, which was about the same as the year before. The landed value of catch came to NOK 16.4 billion; up 14 per cent from 2014. ..Read more...

Norway's King and Queen for 25 years

King Olav V of Norway died on the evening of 17 January 1991. At that same moment, Crown Prince Harald became Norway’s new king: King Harald V. ..Read more...

Food prices fell 3.0 per cent last month

The Consumer Price Index (CPI) dropped 0.4 per cent from November to December 2015, mostly due to lower food prices. The year-to-year growth in the CPI was 2.3 per cent in December, down 0.5 percentage points from November...Read more...

New record for Norway seafood exports

Norway exported seafood worth NOK 74.5 billion in 2015. This is 8 per cent, or NOK 5.8 billion, more than the record year of 2014...Read more...

The Prime Minister's New Year's speech

Refugees and migrants, in Norway and the World were main topics of Prime Minister Erna Solberg's speech on radio and TV to the nation on New Year's Day...Read more...

A Happy New Year to all our readers!!

  We at The Norway Post wish all our readers around the world a most Happy and Prosperous New Year!! We thank you for your support and encouragement in 2015 and look forward to serving you in 2016! ..Read more...

Norway provides additional humanitarian aid

Norway is making an additional contribution of NOK 180 million to support refugees in Syria’s neighbouring countries, with a particular focus on children and young people, says Foreign Minister Børge Brende...Read more...

Norway and Kenya to cooperate in Oil for Development

Kenya has requested assistance from Norway in developing its petroleum sector. Through the programme Oil for Development, Norway will support Kenya in improving management of its natural resources and protection of the environment...Read more...

We wish all our readers "God Jul"!!

We here at the Norway Post send our best wishes to all our readers around the world this Christmas, from a Norway where most of us did not get a White Christmas this year. Only in the far North, a few regions are covered in the traditional "Julesnø"...Read more...

Norway welcomes return of opposition to South Sudan

On Monday, representatives of the opposition returned to the South Sudanese capital, Juba, for the first time since the conflict in South Sudan broke out in December 2013...Read more...

Statoil offering severance packages to all 22,500 employees

STATOIL posted the news on their intranet Tuesday morning, informing their employees that all employees would receive an offer to apply for severance packages. Previous practice in complying with necesarry workforce reductions has been severance packages to groups and departments within the company.   ..Read more...

62 Degrees North

http://www.norwaypost.no/components/com_gk3_photoslide/thumbs_big/612298Web_0074_hm_567x378_72.jpg

Sea Safari

Let the adrenalin flow during our exiting sea safari in an open rapid RIB boat. Discover Ålesund from the sea. Visit seal colonies and experience puffins and eagles at the See details

http://www.norwaypost.no/components/com_gk3_photoslide/thumbs_big/979953Web_Brosundet_lighthouse_room_49.jpg

Brosundet Lighthouse

Hotel Brosundet is small and intimate with only 47 rooms. The jewel in our treasury-box is Room 47. Only a few minutes walk from the hotel lies the old and See details

http://www.norwaypost.no/components/com_gk3_photoslide/thumbs_big/489969Web_DSC_4757.jpg

Storfjord Hotel

Storfjord Hotel is a secluded luxury hotel situated in Øvre Glomset, 30 km east of Ålesund, on a hillside overlooking the Storfjord and the Sunnmøre Alps. Ever since it opened See details

http://www.norwaypost.no/components/com_gk3_photoslide/thumbs_big/971299Web_Kajakk_Brosundet.jpg

Kayaking in Brosundet

A surprisingly large number of Norway’s most stunning natural attractions are concentrated around 62 degrees north latitude. Our company, 62˚Nord is a local company, with the intimate local knowledge necessary See details

http://www.norwaypost.no/components/com_gk3_photoslide/thumbs_big/739979Web_640__Somerruter_Foto_RasmusKongs__re.jpg

Summer Trip

Join a tour with a comfortable sightseeing boat to the wild and majestic Hjørundfjord, with stunning views of mountains and fjords at their most spectacular! The meeting between the torn See details

Local News in Brief

Social Networking

ScandinavianOil
Statoil
Norges Rederiforbund

.Partners

NORGE.NO/DIFI
Bedin Front Right Top
Statistics