Posts Tagged ‘Norwegian North Sea’

Statoil and ExxonMobil accumulate discoveries in Tanzania Block-2

Statoil celebrates Mdalasini-1 – Block-2 eighth success The Norwegian national oil company (NOC) Statoil and its partner the international oil company (IOC) ExxonMobil scored their eighth discovery in the Block-2 offshore gas fields concession in Tanzania on the East Africa. Following the successful discoveries of large gas fields in Mozambique, the […]

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One Day – One Country: Norway – UK North Sea

Statoil and Chevron review costs in North Sea projects In 2013, shortly after that Norway had weighted its tax policy on oil and gas companies operating in the Norwegian North Sea, UK did the opposite and released a new tax regulation to encourage companies to explore more challenging deep offshore […]

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Statoil to prepare new upgrade in Norway Mongstad Refinery

Foster Wheeler won Statoil Mongstad feasibility study The national oil company (NOC) Statoil ASA (Statoil) sanctioned a feasibility study contract to the Swiss-based engineering company Foster Wheeler to upgrade the Mongstad Refinery in Norway. Norway is hosting two refineries, in Mongstad operated by Statoil and in Slagen owned by ExxonMobil. Located […]

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Chevron and Wintershall join Statoil and ExxonMobil in Badger Explorer

Majors develop cutting-edge subsea drilling technology On February 2013, the German Wintershall oil and gas company has decided to follow Chevron example in taking shares in the subsea drilling innovative company Badger Explorer aside its key stakeholders ExxonMobil and Statoil. With the ambition to increase its footprint in the offshore […]

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Statoil goes for execution with Aasta Hansteen offshore project

Hyundai Heavy Industries books $1.1 billion Topsides  Statoil and its partners, OMV from Austria and ConocoPhillips from USA made the final investment decision (FID) and awarded the topsides, the most critical package, of the Aasta Hansteen project to Hyundai Heavy Industries. Previously named Luva, the Aasta Hansteen is located 300 […]

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Aker and CB&I design $5.6 billion Spar for Statoil Aasta Hansteen

Statoil, ExxonMobil and ConocoPhillips rename Luva project into Aasta Hansteen During the concept selection Statoil estimated the development capital expenditure in the Aasta Hansteen field  (formerly named Luva) at some $5.6 billion (NOK 34 billion). With a total hull weight of 45,000 ton, a length of 193 meters and a draught […]

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“SPAR”

 Definition SPAR is the acronym for Single Point Anchor Reservoir (SPAR). This descriptive definition refers to a floating system with infield flow lines and associated subsea infrastructure to connect the subsea production and injection wells. Comments From design perspective a SPAR is a cylindrical, partially submerged offshore drilling and production […]

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Norway approved Total $4.2 billion Martin Linge project

Total lowers Carbon Footprint with Power from Shore Previously called Hild, the Martin Linge development belongs to Total E&P Norge AS (51%), the operator, Petoro AS (30%) and Statoil Petroleum AS (19%). End of March, the Norwegian Government approved the development plan for the Martin Linge oil and gas field. Total capital […]

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Rosneft and Statoil sign for Barents & Okhotsk Seas Exploration

After ExxonMobil and ENI, Rosneft extends its domino strategy to Statoil Rosneft and Statoil signed a cooperation agreement to jointly explore offshore and onshore fields in the Russian sections The cooperation agreement also provides Rosneft with an opportunity to acquire interests in selected Statoil exploration licences and assets in the […]

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Statoil Gullfaks subsea compression unit awarded to Framo

Framo Engineering is now part of Schlumberger to create a subsea process and boosting system capable of meeting the demands of the subsea environment and changing flow conditions over the life of a field. The Gullfaks Field is located in the central part of the East Shetland Basin in the […]

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