Statoil awards two new contracts
These are EPCI contracts, which include engineering, procurement, construction and installation of the pipelines and control cables. The contracts also cover installation of the production system on the seabed. They are the first contracts signed by Statoil for delivery of subsea pipes to the new portfolio of fast-track developments. (Press release)
Monday, 15 November 2010 08:23
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Statoil has awarded two contracts worth around USD 90 million to Subsea 7 for the tie-back of PanPandora and Katla fields in the North Sea to existing production systems.
Statoil has announced that it is transferring operatorship of the Vilje field in the North Sea to Marathon Oil Norge.
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Norway's Statoil has reported a first quarter 2012 net operating income of NOK 57.9 billion, a 14% increase compared to NOK 50.8 billion in the first quarter of 2011.
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Norway's Statoil and Russia's Rosneft have signed a cooperation agreement. The companies have agreed to jointly explore offshore frontier areas of Russia and Norway and to conduct joint technical studies on two onshore Russian assets.
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Norwegian energy producer Statoil has entered its first acreage in Ghana, farming into a deepwater licence operated by Hess.
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Statoil has awarded Aker Solutions a contract for hiring of an entirely new type of rig which represents an important technological advance for the industry. The estimated value of the total contract is USD 1.9 billion.
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The Norwegian government announced Friday it had approved the $4.2 billion development of the Edvard Grieg oil field in the North Sea. This is the first field offshore Norway to be operated by Swedish independent oil and gas company Lundin Petroleum.
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The Ministry of Petroleum and Energy has announced the annual licencing round for mature areas on the continental shelf. The aim is to award new production licences in the announced areas in early 2013.
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Having registered losses of NOK 9.2 billion on the Mongstad Refinery over the last three years, Statoil is now considering closing down the complex, NRK reports.
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A hydrogen sulphide alarm on the Statfjord C platform in the Tampen area of the North Sea on Thursday sent the 236 people on the platform to the lifeboats, but the minor leak was quickly identified.
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Aker Solutions has been awarded a contract by Statoil to deliver replacement and upgrading of the drilling equipment and systems on the Snorre A platform in the North Sea.
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Net income to the government from oil and gas activity on the Norwegian continental shelf (NCS) was in 2011 up 24 per cent from the year before.
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Norway's Statoil together with operator Repsol Sinopec and partner Petrobras has confirmed a high-impact discovery in the Pão de Açúcar prospect offshore Brazil.
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Norwegian Statoil and its partners on the Snøhvit field in the Barents Sea have increased the reserves estimate by 20 billion standard cubic metres of gas. (Photo: Melkøya gas terminal)
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Statoil has resumed production at the LNG plant at Melkøya outside Hammerfest in Northern Norway, following a temporary shutdown due to rupture of a firewater line last week.
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