Statoil is joining a list of investigation teams surrounding the tragic Super Puma helicopter crash that killed 13 people last month by launching its own in-house analysis focused on safety. Image from CHC…
Statoil has launched Cap-X, a new subsea development concept designed to reduce cost and increase efficiency. The Norwegian oil giant, more than half of whose production comes from some 500 subsea wells, has already been exploring ways to reduce subsea development costs…
Norway's Statoil has terminated its contract with COSL Offshore Management for the semisubmersible drilling rig COSL Innovator, which it was using on the Troll field in the Norwegian North Sea. One man died and two more wre injured after a wave hit the rig on 30 December last year…
Statoil has outlined its six Licensing Options offered in Ireland’s 2015 Atlantic Margin Licensing Round. Statoil is set to be the operator of four Licensing Options and partner in two Licensing Options, operated by ExxonMobil. The…
Statoil launched a new venture capital fund, Statoil Energy Ventures, dedicated to investing in attractive and ambitious growth companies in renewable energy, supporting its strategy of growth in new energy solutions. Image from Statoil…
Focus on the small South American country of Uruguay is set to sharpen after Statoil took a further stake in the country's deep offshore acreage. Statoil, which earlier this month announced it would be a partner with Total on the first deep water exploration well offshore Uruguay…
AVEVA has announced that it has entered a multiyear agreement with Statoil for AVEVA Everything3D (E3D). Statoil has selected AVEVA E3D to be its strategic 3D design software platform, upgrading from its existing design system, AVEVA PDMS…
Statoil has decided to cancel the contract with Transocean for the drillship Discoverer Americas. The drillship has been on contract with Statoil since 2009, supporting Statoil’s exploration activities in East and North Africa and the Gulf of Mexico…
Statoil and Repsol have agreed deals covering acreage in Norway, UK, US and Brazil. Statoil is to farm down 15% in the Norwegian Gudrun field to Repsol, retaining operatorship and 36% interest. Pending Repsol partner approval, Statoil…
Statoil Petroleum has received consent from the Petroleum Safety Authority (PSA) of Norway to use the COSLInnovator mobile drilling facility for drilling, completion, intervention, workover and well plugging on the Troll field. COSLInnovator…
Statoil delivered its application for the 23rd licensing round on the Norwegian continental shelf to the Norwegian authorities. Map of the 23rd licensing round, from Statoil. It…
Statoil is the operator for production license 104 and has received consent to drill exploration well 30/89 S on the Oseberg field. Statoil has allocated 54 days for the activity and will be drilling with the Songa Delta, in approximately 99m water depth…
Statoil is saying goodbye to Alaska exploration and has decided to exit its leases in the Chukchi Sea following recent results in nearby leases, in addition to finding the leases no longer competitive. Map of Alaskan leases Statoil is exiting…
Ceragon Networks announced that Statoil, has formally awarded Ceragon Networks a five-year frame agreement, with an option to extend for five consecutive two-year periods. Most recently, Statoil has placed orders for Ceragon's IP-20 platform…
Statoil has received an expert calculation of revised tract participations for the Agbami field, offshore Nigeria. Assuming implementation, this calculation will result in a reduction of 5.17% in Statoil’s equity interest in the Chevron-operated field from 20…