Posts Tagged ‘NCS’

Premier Oil and KUPFEC to develop Bream – Mackerel offshore Norway

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 […]

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Statoil and Lundin at final stage decision on Norway Johan Sverdrup

Statoil 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) […]

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Statoil Total and Det norske award Dagny Topsides in Norway

Daewoo and Aker Solutions to share Topsides contract Statoil and its partners Total and Det norske selected a combination of Daewoo Shipbuilding and Marine Engineering (DSME) from South Korea with the local engineering company Aker Solutions to design and build the topsides of the Dagny offshore platform project in Norway. […]

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Det norske, Statoil and Bayerngas award Norway Ivar Aasen platform

SMOE and Mustang win Ivar Aasen topsides EPC Previously named Draupne, the Ivar Aasen project is taking a leap with the decision made by Det norske and its partners Statoil and Bayerngas to award the engineering, procurement and construction (EPC) contract to a team of contractors made of SMOE and […]

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Statoil and Wintershall swap strategic assets in North Sea

BASF 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 […]

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E&P capital expenditures to exceed $700 billion in 2013

IFP 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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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 […]

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Statoil tenders new rigs to target 60% oil recovery

Statoil 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 […]

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Statoil launches Svalin $750 million project on fast-track

Statoil, Petoro and Exxon to tie-back Svalin to Grane Svalin is made of two fields, Svalin M which was discovered in 2008 and Svalin C which was discovered in 1992. Svalin is located in Block 25/11 in the North Sea, between the Grane and Balder fields, about six kilometers south-west […]

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Statoil to invest $210 million to enter Australian shale gas

Statoil 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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