A new computerised system being adopted to monitor energy use at Statoil's Norwegian offices aims to cut the group's power bills.
This terminal-based solution will be installed under a recent contract on monitoring energy consumption awarded by the shared services unit to Statoil Norge, a subsidiary which forms part of Retailing & Nordic Energy.
The terminal can determine which energy carrier is the most economic at any time - oil, gas or electricity. The parent company is self-sufficient in all three. Advanced logging of energy consumption is also carried out, and reports generated.
Terminals are due to be placed at offices in Forus outside Stavanger, Sandsli near Bergen and the north Norwegian port of Harstad.
Covering all the group's office buildings and residences, the contract with Statoil Norge runs for three years from 1 July.
"We expect to achieve savings of seven to 10 per cent compared with existing agreements, or NOK 2-2.5 million per year," says contracts coordinator Øystein T Meidell Dahle.
He adds that energy prices in other parts of the world where Statoil has offices vary according to the local market. Many places have monopoly suppliers, unlike the liberalised energy system established in the Nordic region.
Statoil's offices and residences in Norway currently consume some 85 gigawatt-hours of energy per year.