Tag: Statoil

Saturday, May 12th 2018 - 09:37 UTC
Leading global oil companies interested in Argentina offshore blocks auction

Oil firms, including Norway’s Statoil, U.S.’ Anadarko Petroleum Corp, China’s CNOOC and Malaysia’s Petronas, have shown interest in Argentina’s auction this year of offshore blocks for exploration and production, the country’s energy minister said.
Tuesday, January 30th 2018 - 10:00 UTC
Petrobras to join the Oil and Gas Climate Initiative

The Oil and Gas Climate Initiative (OGCI) and Petrobras announced that the Brazilian company will join the initiative. This commitment is subject to the approval of the OGCI Climate Investments Members’ Agreement by the Petrobras board of directors.
Wednesday, August 31st 2016 - 05:03 UTC
Norway's Statoil and Petrobras expand strategic alliance and cooperation

Norways' StatOil and Petrobras have signed a memo of understanding to strengthen their cooperation in Brazil. The two major companies are are already partners in 13 blocks and the intention of the MoU is to evaluate joint participation in future tenders for exploration areas and to increase upstream collaboration in producing fields in the Santos and Campos offshore basins.
Wednesday, November 18th 2015 - 08:05 UTC
Statoil follows Shell and drops search for oil in the US Arctic

Norway's Statoil has decided to quit its Alaskan exploration efforts in the Chukchi Sea, following a recent move by Shell to drop its search for oil in the US Arctic after a key drilling target came back dry.
Wednesday, February 11th 2015 - 15:31 UTC
Arctic oil on life support

Oil companies have eyed the Arctic for years. With an estimated 90 billion barrels of oil lying north of the Arctic Circle, the circumpolar north is arguably the last corner of the globe that is still almost entirely unexplored.
Wednesday, February 11th 2015 - 15:26 UTC
Norway's Statoil appoints new CEO and identifies three main challenges

Statoil’s board of directors has appointed Eldar Sætre as the company’s new president and CEO. Sætre, who has 35 years’ experience from Norway's' Statoil and the oil and gas industry, has been acting as president and CEO since October, and assumes the role with immediate effect.
Tuesday, August 13th 2013 - 02:14 UTC
Uruguay announces on-shore oil “scientific confirmation” but with no commercial certainty

The Uruguayan government announced the discovery of free hydrocarbons liquids in core samples next to source rocks in the northern county of Salto at a depth of 450 metres, which seems to be similar to another discovery two years ago.
Thursday, June 27th 2013 - 05:25 UTC
Energy companies pull a Blackwater (*)

By Daniel J. Graeber - Norwegian energy company Statoil said last week it was forming a special operations division to handle emergency operations in response to a terrorist attack on a natural gas facility in Algeria. The company said it would double the amount of employees it had designated for existing security operations after reviewing the measures in place at the In Amenas gas facility.
Wednesday, June 12th 2013 - 10:21 UTC
Norway’s Statoil cools new project: tax changes and government delay in building support port

On account of applicable Norwegian Government tax changes Statoil as operator has recommended a delay of the investment decision for the Johan Castberg project in the Norwegian Barents Sea.
Monday, December 10th 2012 - 20:10 UTC
YPF CEO Galuccio travels to Norway to discuss partnership with Statoil

Argentina’ nationalized oil and gas corporation YPF is said to be in talks with Norway’s Statoil about a possible partnership as part of its 37 billion dollars drive to develop Argentina’s energy reserves. It is close to signing deals with US oil giant Chevron as well as Bridas Corp, the Chinese-Argentine joint venture, the Financial Times reported on Sunday.