Sevan completed Bream-Mackerel FPSO pre-FEED The London-based junior company Premier Oil Limited (Premier Oil) and its partners, the State-owned Kuwait Foreign Petroleum Exploration Company KSC (KUFPEC) and the FTSE-listed Tullow Oil (Tullow), are on the point to select the conceptual design to be used for the development of the Bream and Mackerel […]
Read moreStatoil and Lundin to award FEED on Johan Sverdrup Statoil from Norway, Lundin Petroleum (Lundin) from Sweden, and their respective partners, Maersk Oil (Maersk) from Denmark, Det Norske from Norway, and Petoro from Norway, are reaching the final stage of decision to award the front end engineering and design (FEED) […]
Read moreBASF to accelerate upstream business with Wintershall BASF‘s oil and gas subsidiary Wintershall from Germany and Statoil from Norway signed an agreement to swap strategic assets in the North Sea and establish a cooperation framework on the enhanced oil recovery (EOR) technologies. Home-based in Kassel, Germany, Wintershall is a BASF […]
Read moreIFP Energies Nouvelles sees CAPEX to grow by 13% Based in Paris, France, the Institut Français du Pétrole et de Energies Nouvelles (IFP Energies Nouvelles) published on October 8th its last survey about the capital expenditure in the exploration and production and in refining. Published every year this survey gives […]
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02
Oct
2012
Statoil in brief
Statoil’s vision stands in “Crossing Energy Frontiers” Statoil ASA is a public limited liability company established under the laws of Norway, thus Statoil is subject to the provisions of the Norwegian Public Limited Companies Act. Statoil has global operations and working interests in 41 countries and territories with a Market Leadership on the Norwegian Continental […]
Read moreStatoil to build IOR center and redefine drilling rigs Statoil leads the world on recovery rate in exceeding for the first time an average of 50% in 2011. By comparison the global oil recovery rate is around 35% and in the Norwegian Continental Shelf (NCS), all the producers reach an average […]
Read moreStatoil and PetroFrontier signed deal on Southern Georgina Basin Statoil ASA (Statoil) from Norway and PetroFrontier Corp. (PetroFrontier) from Canada have signed a binding “Farm-in Agreement” to farm into shale gas PetroFrontier’s four exploration permits (EPs) and two exploration permit applications (EPAs) in the Southern Georgina Basin, Northern Territory, Australia. In this Farm-in-Agreement, […]
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