Statoil has made a gas discovery in the Askja West prospect and an oil discovery at the Askja East prospect in the Norwegian sector of the North Sea. The exploration wells, 30/11-9-S and 30/11-9-A, were drilled using the Ocean Vanguard semisubmersible…
A consortium led by Chevron has been awarded exploration licenses covering two blocks offshore north-east Greenland. Consortia led by Statoil and ENI were also awarded licenses, covering one block each, also off north-eastern Greendland…
Statoil ASA and partners Eni Norge AS and Petoro AS have made an oil and gas discovery in the Skavl prospect in PL532, close to Johan Castberg in the Barents Sea. Well 7220/7-2 S, drilled by the semisubmersible rig West Hercules, proved a…
Statoil is targeting 2020 to deploy a subsea factory, or a fully-functioning process plant atop the sea floor, according to a technology briefing held by some of the Norwegian company’s top executives at its Houston headquarters in mid-November…
Statoil and its partners Centrica and ExxonMobil have decided to extend production at the Statfjord A platform in the North Sea until 2020. Statoil said an active drilling program was contributing to the continued maturation of recoverable reserves on Statfjord…
Statoil has agreed to farm down its interest in five exploration licences in the Faroe Islands and two in Norway to the Austrian oil and gas company OMV. The agreement is a result of a broader agreement with OMV, announced in August, to look for cooperation in exploration opportunities…
Statoil Gulf Services, the North American subsidiary of the Norway’s Statoil, has signed a lease for 581,000 square feet in CityWestPlace in Houston, Texas, to serve as their North American headquarters. The company already 225,000 square feet in the complex…
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…
Statoil ASA discovered between 300-600MMbo recoverable in its first Bay du Nord exploration well, located 500km (310 mi.) northeast of St. John’s, Newfoundland. 'It is exciting that Statoil is opening a new basin offshore Newfoundland…
Statoil has made a third discovery of crude oil in the Flemish Pass basin, offshore Newfoundland. The discovery was made on the Bay du Nord prospect (EL1112), located approximately 500km northeast of St. John’s, Newfoundland and Labrador…
Statoil and SOCAR signed a memorandum of understanding (MoU) to jointly explore and develop the Zafar-Mashal structures in the Azerbaijani sector of the Caspian Sea. The MoU defines the framework within which the companies will explore the opportunities…
Statoil and SOCAR took a step forward in strengthening their cooperation by signing a memorandum of understanding (MoU) to jointly explore and develop the Zafar-Mashal structures in the Azerbaijani sector of the Caspian Sea. The agreement was signed in Baku…
Statoil has signed a three year contract for the Stena Carron drillship for exploration drilling in the pre-salt blocks (Blocks 38 and 39) in the Kwanza basin in Angola.The agreement managed by Stena Drilling is for a three-year fixed term with start-up Q4 2013 / Q1 2014…
Topsides deal worth approximately NOK 6.1 billionDagny field illustration, with the Sleipner field in the background. (Image: Statoil)Statoil and its Dagny partners Total and Det norske chose Daewoo Shipbuilding & Marine Engineering to design and build topsides for North Sea platform…
Peregrino Platform (Photo: Øyvind Hagen / Statoil)Statoil works out $40M Espirito Santo farm-in Statoil has acquired 25% interest in Espirito Santo license BM-ES-22A off Brazil, the company announced on 27 December 2012.Brazilian mining…
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