Shares in Norwegian geophysical firm Magseis started trading on the Oslo Axess stock exchange on Friday. Magseis was founded in 2009, and has developed a proprietary Ocean Bottom Seismic (OBS) technology. The company has one purpose-built vessel in operation…
Statoil has outlined investment it is making to extend the life of its Gullfaks field out to 2040, including installing new loading buoys on the field. Statoil says 2.55 billion bo from the Gullfaks field have passed through the existing loading buoys since first oil in 1986…
Magseis AS has agreed a frame agreement to provide global ocean bottom seismic (OBS) acquisition services for Statoil ASA from 2014–2018.The frame agreement regulates the work that has been awarded for the 2014 and 2015 seasons, as well as for future tenders during the term of the agreement…
Statoil has completed an agreement with the Austrian oil and gas company OMV to divest shares in Gullfaks and Gudrun on the Norwegian Continental Shelf and exit Schiehallion and Rosebank fields West of Shetland. Statoil is reducing its…
Nexans has been awarded an €8 million contract by Statoil to supply the static umbilicals for the Gullfaks Rimfaksdalen gas project in the Norwegian North Sea. It will be the fourth Statoil project in quick succession to feature the new…
Austrian energy group OMV is to buy Norwegian and UK North Sea assets from Norway’s Statoil in a US$2.65billion deal. The deal will see OMV acquire 19% interest in the producing Gullfaks field and 24% in the Gudrun field, both oil and gas fields offshore the Norwegian Continental Shelf…
Statoil and Petoro have proven additional resources in the Shetland Group/Lista formation in the Gullfaks licence. Production well 34/10-A-8 on the Gullfaks A platform where the well test is was done, currently provides a production of 7…
Statoil and partner Petoro have proven considerable additional resources in the Shetland Group/Lista Formation in the Gullfaks licence. The Shetland Group and the Lista Formation are younger and slightly shallower deposits with different…
Statoil and partner Petoro have proven considerable additional resources in the Shetland Group/Lista Formation in the Gullfaks licence. The Shetland Group and the Lista Formation are younger and slightly shallower deposits with different…
Aker Solutions wins topside modifications jobGullfaks A (Photo: Øyvind Hagen / Statoil)Statoil has awarded Aker Solutions a topside modification contract worth US $32.2 million (NOK 180 million) for its Gullfaks South field off Norway, Aker announced on 28 December 2012…
Norwegian operator Statoil acknowledged last month that it could have been clearer in its dialogue with Norway's Petroleum Safety Authority following the May 2010 incident where pressure build-up in well 34/10-C06A resulted in a near blowout and the shutdown of the Gullfaks C platform…
At a recent Bergen conference showcasing the strength in depth of Norway's subsea industry, Statoil EVP Øystein Michelsen challenged delegates to work with his company in developing the technology to go further, deeper and colder and seize the…
Lars Christian Bacher (pictured) has been appointed Statoil’s EVP development and production international and will take up the post on 1 September. He will succeed Peter Mellbye who is retiring after 30 years with the company. Bacher…
Three Norwegian projects are racing to deliver a subsea technology solution that promises to yield major rewards for the industry. Terry Knott provides a thumbnail sketch of the subsea gas compression ambitions for the Åsgard, Gullfaks and Ormen Lange fields…
Following lengthy qualification trials in Norway, MAN Diesel & Turbo has been selected as the supplier of the subsea gas compressors for the Åsgard field. According to field operator Statoil, in comparative trials carried out at the operator's K-Lab testing facility at Kårsto…
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