Thursday, November 5th, 2009
StatoilHydro ASA, which was formed when the two Norwegian firms Statoil and Norsk Hydro joined forces, is changing its name to Statoil ASA with immediate effect. The company has also ...
Monday, September 14th, 2009
Crude oil futures fell as the US dollar strengthened slightly while worries over high oil product stocks and technical resistance weighed on the market, according to Dow Jones.
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"Regarding new business ...
Tuesday, August 4th, 2009
The Niger Delta crisis – which has dealt a heavy blow to Nigeria’s oil income and crude production – is finally threatening to consume the country’s foreign reserves which had ...
Friday, July 17th, 2009
China National Petroleum Corporation (CNPC) has announced production figures of 51.04 million tonnes, or 2.06 million bpd of crude in the first half of this year.
The company processed 58.76 million ...
Wednesday, July 8th, 2009
Total announces that the Tyrihans oil and gas field in the Norwegian Sea started production. This field, in which Total owns a 23.18% interest, is the largest field to be ...
Friday, June 12th, 2009
Oil has been discovered by StatoilHydro in the Gygrid prospect about 20 kilometres north-east of Njord in the southern part of the Norwegian Sea.
“It’s very positive that we’ve now found ...
Monday, June 8th, 2009
Gazprom Management Committee Chairman Alexey Miller and StatoilHydro President and CEO Helge Lund signed a Memorandum of Understanding today in St. Petersburg on the sidelines of the XIII International Economic ...
Friday, May 29th, 2009
StatoilHydro is awarding Aker Well Service and Deepwell Norge AS framework contracts for mechanical wireline services for StatoilHydro-operated fields on the Norwegian continental shelf (NCS).
The two framework contracts are valid ...
Thursday, May 14th, 2009
More oil and gas have been discovered by StatoilHydro with an exploration well drilled about 35 kilometres east of Gudrun in the North Sea and roughly 30 kilometres south of ...
Friday, May 1st, 2009
Chevron Europe, Eurasia and Middle East, an affiliate of Chevron Corporation, today announced that it has successfully bid for the exploration rights in nine blocks awarded in the 20th Norwegian ...
Wednesday, April 15th, 2009
Oceanteam ASA and its subsidiaries (''Oceanteam'' or ''the Company'') have on 14 April 2009 entered into a contract transfer agreement with ABB High Voltage AB (''ABB'') on the offshore power ...
Friday, April 3rd, 2009
Songa Venus has achieved operating efficiency of 89% in March. The rig is operating for Shell Australia offshore North West Australia.
Songa Mercur has achieved operating efficiency of 96% in ...
Monday, March 30th, 2009
Aker Solutions has been awarded a contract by StatoilHydro for the delivery of a complete work-over system for subsea trees at the challenging high-pressure/high-temperature (HP/HT) Kristin field in the Norwegian ...
Wednesday, March 25th, 2009
StatoilHydro has struck oil during the drilling of an exploration well and a sidetrack north of the Vigdis East field in the North Sea.
The proven recoverable resources are estimated at ...
Monday, March 9th, 2009
Oil and gas have been encountered by StatoilHydro in the Katla prospect, which lies 11 kilometres south-west of the Oseberg South platform operated by the group in the Norwegian North ...
Tuesday, March 3rd, 2009
Songa Venus has achieved operating efficiency of 99% in February. The ADA contract for Venus have been suspended for up to 200 days, and for this period a separate contract ...
Wednesday, January 21st, 2009
The politicians need to decide whether they wish to utilise the whole resource potential on the Norwegian continental shelf (NCS), chief executive Helge Lund said at the oil industry policy ...
Wednesday, January 21st, 2009
A concept for the Gudrun field development has now been chosen by StatoilHydro and its partners in the field. Plans are now being drawn up for a new platform in ...
Monday, December 15th, 2008
StatoilHydro on 11 December, successfully completed the full acquisition of the Peregrino heavy-oil field offshore Brazil, after closing the deal to acquire the additional 50% stake from Anadarko.
Agência Nacional de ...
Monday, December 15th, 2008
HOUSTON--(BUSINESS WIRE)--FMC Technologies, Inc. (NYSE:FTI) announced today that it has been awarded a contract from StatoilHydro for the manufacture and supply of additional subsea equipment for its Heidrun North project, ...
Friday, December 5th, 2008
StatoilHydro has completed the drilling of an exploration well on the Nucula discovery, which is located around 110 kilometres east-northeast of the Goliat discovery in the Barents Sea.
The purpose of ...
Wednesday, November 12th, 2008
StatoilHydro, the second largest natural gas supplier to Europe and Chesapeake Energy Corporation, the largest US natural gas producer, today announced the signature of a strategic agreement to jointly explore ...
Tuesday, August 26th, 2008
Oil discovery near Sleipner
StatoilHydro has made two new discoveries on the Norwegian continental shelf (NCS).
The presence of a considerable oil column has been confirmed under the Dagny structure in the ...
Friday, August 22nd, 2008
StatoilHydro has chosen to exercise its options in the contracts for integrated drilling services with Schlumberger, Baker Hughes Inteq and Halliburton for deliveries on the Norwegian continental shelf.
Anders Opedal
The total ...
Friday, August 22nd, 2008
StatoilHydro Petroleum AS, as operator of exploration licence 394, has completed drilling of exploration well 7224/6-1 in the Barents Sea.
The well was tested in a prospect called Arenaria in block ...
Tuesday, August 5th, 2008
StatoilHydro ASA (OSE: STL, NYSE:STO) second quarter 2008 result was influenced by high production and high prices.
Net income in the second quarter of 2008 amounted to NOK 18.9 billion, ...
Tuesday, August 5th, 2008
The Agbami field offshore Nigeria started producing oil on 29 July
The field is expected to reach plateau production of 250,000 barrels of oil a day by late 2009. Total ...
Thursday, July 10th, 2008
FMC Technologies Awarded $87 Million Contract for StatoilHydro’s Norne Field
HOUSTON--(BUSINESS WIRE)--FMC Technologies, Inc. (NYSE:FTI) announced today that it signed a contract with StatoilHydro for the manufacture and supply of additional ...
Monday, July 7th, 2008
whereas an exploration well in the Stetind prospect in the Norwegian Sea turned out to be dry.
During the drilling of exploration well 7226/2-1 in the Barents Sea StatoilHydro, the operator ...
Thursday, July 3rd, 2008
from StatoilHydro for Troll B Gas Injection Project
HOUSTON--(BUSINESS WIRE)--FMC Technologies, Inc. (NYSE:FTI) announced today that it received an award from StatoilHydro to supply subsea equipment for its Troll B gas ...
Thursday, May 22nd, 2008
StatoilHydro has decided to build the world’s first full scale floating wind turbine, Hywind, and test it over a two-year period offshore Karmøy. The The company is investing approximately 400 ...
Thursday, May 22nd, 2008
StatoilHydro has awarded the contract for integrated drilling services to Schlumberger Norge AS for operations at Statfjord, Snorre, Gullfaks, Visund and Gjøa as well as for exploration drilling on the ...
Wednesday, May 21st, 2008
StatoilHydro has struck gas during exploration drilling in the Norwegian Sea north-west of Kristiansund and will drill a sidetrack well to further identify the area.
StatoilHydro, the operator of production licence ...
Tuesday, May 13th, 2008
StatoilHydro ASA (OSE: STL, NYSE:STO) first quarter 2008 result was influenced by high oil and gas prices. Net income in the first quarter of 2008 amounted to NOK 16.0 billion, ...
Friday, May 9th, 2008
StatoilHydro has confirmed the existence of gas and condensate on the Alve field in the Norwegian Sea around 16 km southeast of the Norne field.
Based on a preliminary estimate, the ...