Statoil completes transactions with Repsol in Norway and US
Statoil and Repsol have completed two of the transactions announced on 11 December 2015:
Statoil and Repsol have completed two of the transactions announced on 11 December 2015:
It is with great sadness that Statoil and COSL have received confirmed information from the police that one person has died as a result of the breaking wave that hit the drilling rig COSL Innovator today.
At 5 pm on Wednesday December 30, Statoil and COSL were informed that three persons had been injured on the COSL Innovator when a heavy wave hit the rig. Statoil and COSL have mobilized their emergency response organizations.
Operator Shell announced today that gas production has started from the Corrib field off the northwest coast of Ireland. Statoil holds a 36.5% participating interest in the field.
The mayor from the municipality of Tysvær in Rogaland, Sigmund Lier, pushed the button to set off one of the explosive charges at Haugsneset yesterday. The event marked the start of construction work for the power-from-shore solution.
Statoil and its partners submitted the plan for development and operation (PDO) of the North Sea Oseberg Vestflanken 2 to the authorities today, 18 December 2015. The development will provide in excess of 100 million barrels of oil equivalent.
Statoil has decided to cancel the contract with Transocean for the drillship Discoverer Americas.
Statoil and Snam SpA have completed their previously announced transaction, whereby Statoil has sold its 20% interest in Trans Adriatic Pipeline AG for a total consideration of EUR 208 million.
The EU Commission’s competition agency has discontinued its investigation into potential manipulation of oil price benchmarks
On 12 December the world’s leaders agreed on an ambitious plan to address climate change. Statoil welcomes the agreement and is well positioned to play our part in the transition to a low carbon future.
The shares purchased by DNB on behalf of Statoil ASA (OSE: STL, NYSE:STO) on the 10th of December 2015 for use in the group's Share Saving Plan have on the 14 December 2015 been distributed to the employees in accordance with their savings amount.
Statoil has today awarded maintenance and modification agreements worth NOK 24 billion for the company’s installations on the Norwegian continental shelf (NCS) and for the onshore plants at Sture, Kollsnes, Kårstø and Melkøya.
These transactions increase the number of Statoil’s operatorships in priority areas, providing greater control of asset development and costs through shared efficiencies.
On behalf of Statoil (OSE: STL, NYSE:STO), DNB has on 10 December 2015 purchased 750,203 shares for use in the group's Share saving plan.
Statoil has, on behalf of the Johan Sverdrup partners, awarded contracts for the linepipe , coating and pipe installation of the Johan Sverdrup export pipelines.
Statoil has delivered its application for the 23rd licensing round on the Norwegian continental shelf to the Norwegian authorities.
Following the divestment of its share in the Shah Deniz gas field in Azerbaijan, Statoil has agreed to sell its 20% interest in Trans Adriatic Pipeline AG to the Italian gas infrastructure company Snam SpA for a total consideration of EUR 208 million.
Following Statoil’s announcement that it will change to USD as presentation currency with effect as of first quarter 2016, selected historical financial data in USD have today been published.
The following primary insider in Statoil ASA has sold shares in Statoil ASA:
Lise Davidsen announced as the winner of Statoil's talent scholarship. "She has captured people's hearts and has enormous potential," says the jury.
Global challenges and new opportunities in the energy market will create a turning point for the industry, says Statoil CEO Eldar Sætre at the Statoil Autumn Conference.
Statoil is optimising its exploration portfolio and has decided to exit Alaska following recent exploration results in neighbouring leases.
The shares purchased by DNB on behalf of Statoil ASA (OSE:STL, NYSE:STO) on 13 November 2015 for use in the group's share saving plan have on 17 November 2015 been distributed to the employees in accordance with their savings amount.
Statoil and First Oil have completed their previously announced transaction, whereby Statoil acquired First Oil’s 24% share in the UK licence for the Alfa Sentral field for USD 15 million.
On behalf of Statoil (OSE: STL, NYSE:STO), DNB has on 13 November 2015 purchased 717,182 shares for use in the group's Share saving plan.
Statoil and its partners were the successful bidders for six exploration licences in the Flemish Pass Basin, offshore Newfoundland, and two licences offshore Nova Scotia.
Four years ahead of schedule, Statoil is already close to achieving our aim of reducing CO2 emissions on the Norwegian continental shelf (NCS) by up to 800,000 tonnes by 2020. We are therefore increasing our target by 50% to 1.2 million tonnes.
Statoil (OSE: STL, NYSE: STO) has received an Expert calculation of revised tract participations for the Agbami field in Nigeria.
Statoil (U.K) Limited has awarded contracts for the catering and facilities services for its UK offshore and onshore operations to ESS Offshore and 14forty, both part of Compass Group UK & Ireland.
Statoil has, on behalf of the Johan Sverdrup licence, awarded a contract to Jacktel AS, a wholly owned subsidiary of Master Marine AS, for providing accommodation services on the Johan Sverdrup field.
Statoil has made the final investment decision to build the world’s first floating wind farm: The Hywind pilot park offshore Peterhead in Aberdeenshire, Scotland.
Statoil has decided to cancel the contract with Songa Trym, four months before the expiration of contract on 4 March 2016.
Statoil has together with partners submitted a winning bid on the A5-A block offshore Mozambique in the fifth competitive bidding round.
Statoil has completed a farm-in transaction with ExxonMobil Exploration and Production South Africa Limited (ExxonMobil), acquiring a 35 percent interest in the ER 12/3/154 Tugela South Exploration Right.
Statoil (OSE:STL NYSE:STO) delivered adjusted earnings of NOK 16.7 billion and adjusted earnings after tax of NOK 3.7 billion in the third quarter.
The two new giant compressors that started up on the Troll A platform this month will help increase gas recovery by 83 billion cubic metres. The occasion attracted a platform visit from EEA and EU affairs minister Vidar Helgesen.
The shares purchased by DNB on behalf of Statoil ASA (OSE:STL, NYSE:STO) on 15 October 2015 for use in the group's share saving plan have on 19 October 2015 been distributed to the employees in accordance with their savings amount.
CEOs of 10 global oil and gas companies make collaborative declaration on climate change:
On behalf of Statoil (OSE: STL, NYSE:STO), DNB has on 15 October 2015 purchased 661,646 shares for use in the group's Share saving plan.
Statoil has, on behalf of the Johan Sverdrup partners, awarded Aibel in Norway the contract for construction of the converter station at Haugsneset and required construction site work for land-based power supply to the field.
Statoil with partners Petoro and OMV have started the world´s first wet gas compression on the seabed of the North Sea Gullfaks field.
On Thursday 8 October at 8.30 a.m. there was a report that oil had been observed in the sea close to the OLS B loading buoy at the Statfjord field.
On behalf of the Johan Sverdrup licence, Statoil is today awarding contracts for two Johan Sverdrup jackets to Kvaerner Verdal and Dragados Offshore S.A.
On 2 October 2015, Statoil acquired First Oil’s 24% equity share in the UK licence for the Alfa Sentral field for USD 15 million.
The Norwegian University of Science and Technology (NTNU) and Statoil today (Thursday 1 October) signed an agreement on research funding for future energy solutions.
On Monday 28 September, the final pipe in the 482.4 kilometre long Polarled Pipeline was laid at the Aasta Hansteen field at a depth of 1,260 metres in the Norwegian Sea.
This week it is 20 years since the start of oil production from the Troll field. The 20 year-old can look back on enormous wealth, with 1.56 billion barrels produced so far and NOK 460 billion in income.
On behalf of the Peregrino licence partners, Statoil is awarding a contract to Wood Group to provide four-year operations and maintenance for our two wellhead platforms (Alpha and Bravo) and modification services for both units and the FPSO Peregrino.
Bård Glad Pedersen has been appointed vice president media relations in Statoil.
On behalf of the Johan Sverdrup partnership, Statoil has awarded an EPC contract for subsea equipment for the Johan Sverdrup project to FMC Kongsberg Subsea AS. The contract involves establishment of a new and cost efficient standard for subsea equipment.