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It is planning production from 2018. Eni says its neighbouring exploration block may have another 1.4 trillion cubic metres. Across the border, BG, Ophir, Exxon Mobil and Statoil say they may have six trillion cubic metres. The 253 trillion cubic feet... Full Article at Vancouver Sun
The contracts, each of which contains two two-year extension options, will be executed following the approval from Statoil's partners. However, the financial terms of the agreement were not disclosed. FMC's contracts with Island Offshore are slated to... Full Article at NASDAQ
Russian Prime Minister and President-elect Vladimir Putin, center, looks on as Norway's Statoil Chief Executive Helge Lund, left, and Rosneft president Eduard Khudainatov exchange documents at a signing ceremony in Moscow, Saturday, May 5, 2012. ... View Photo »
We are counting on 400-500,000 barrels in total in the area (by 2020), not all of it only produced by Statoil
The contracts, each of which contains two two-year extension options, will be executed following the approval from Statoil's partners. However, the financial terms of the agreement were not disclosed. FMC’s contracts with Island Offshore are slated to... Full Article at Zacks Investment Research
Argentine unit YPF. The Brazilian discovery, which includes over 700 million barrels of recoverable crude oil and 3 trillion cubic feet of natural gas, could result in peak production of about 300,000 barrels per day, Kjus added. The firms did not... Full Article at GulfToday.ae
The partners are working on an appraisal plan for the area, whose significant potential has become a reality. Repsol Sinopec Brasil is the operator of the discovering consortium, holding 35%, partnered by Statoil (35%) and Petrobras (30%). Block... Full Article at Eurasia Review
Russian Prime Minister and President-elect Vladimir Putin meets with Norway's Statoil Chief Executive Helge Lund, unseen, in Moscow, Saturday, May 5, 2012. Russia's state oil company Rosneft and Norway's Statoil signed a deal Saturday to jointly explore... View Photo »
Statoil has delivered a successful startup of its first oil sands project with clear progress throughout 2011 on effective production and reduced CO2 emissions ... We will continue our efforts to learn and develop new technologies to improve further going forward.
The Brazilian discovery, which includes more than 700 million barrels of recoverable crude oil and three trillion cubic feet of natural gas, could result in peak production of about 300,000 barrels a day, Mr. Kjus added. The firms did not provide... Full Article at Globe and Mail
Norwegian energy giant Statoil's Huldra oil rig in the North Sea. Oil prices rebounded slightly on Thursday as investors went bargain hunting after New York crude slumped below $90 a barrel the previous day, analysts said. New York's main contract,... Full Article at Bangkok Post
Statoil's commitment to this goal includes a title sponsorship of our youth development system which has provided an opportunity for four players from the Houston area to earn professional soccer contracts." "Statoil has had a partnership with the... Full Article at Our Sports Central
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We are counting on 400-500,000 barrels in total in the area (by 2020), not all of it only produced by Statoil
Statoil has delivered a successful startup of its first oil sands project with clear progress throughout 2011 on effective production and reduced CO2 emissions ... We will continue our efforts to learn and develop new technologies to improve further going forward.
The Crux prospect did not contain hydrocarbons
What was presented by Statoil were the possibilities for up to 350 million barrels extra in the license (and) production of first oil in 2018
We are pleased that Statoil continues to rely upon our experience and systems to support these projects and to increase oil recovery.
Preparations will be made for the possible subsequent tie-in of other installations on the Norwegian continental shelf
Fram H-Nord is the sixth fast-track project that we have been awarded from Statoil in the past two years ... We are pleased that Statoil continues to rely upon our experience and systems to support these projects and to increase oil recovery.
We are currently considering several alternative development concepts ... The reservoir engineering work is mainly done in-house while we are in the process of awarding several study contracts to engineering companies for the subsea and platform installations.
We think the deal (with Statoil) increases the likelihood for a compromise with Gazprom, so that the guided turn-around in the gas segment 2013 has become more credible (albeit risks remain).
We have managed to agree with one of our biggest suppliers, Norway's Statoil, to develop further our long-term partnership for Norwegian gas in a way that adjusts the conditions to the current German and European market situation
This discovery is the first Statoil operated discovery in East Africa and an important event for the future development of the Tanzanian gas industry. It is also a demonstration of how Statoil's exploration strategy of early access and high impact opportunities strongly supports the company's ambition f...
This discovery is the first Statoil operated discovery in East Africa and an important event for the future development of the Tanzanian gas industry. It is also a demonstration of how Statoil's exploration strategy of early access and high impact opportunities strongly supports the company's ambition f...
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