Statoil spent a billion on Troll field
Oil Field Byrding close by the Troll field in the North Sea will be developed for around 1 billion NOK. Estimated recoverable volumes in the…
Statoil
Statoil is suing a county in USA
Statoil is suing a county in the US state of West Virginia. The Company believes it has paid 3 million NOK more than required in…
Statoil delighted with Brazil purchase
Statoil has been keeping an eye on the oil discovery Carcará in Brazil since 2012 and believes that it is strategically smart to make a…
Statoil results decline sharply
Statoil’s second quarter results showed a loss before tax of $ 302 million, around 2.6 billion kroner. In the second quarter of last year the…
Analysts think Statoil profits will be halved
Analysts are expecting a halving of Statoil’s result when the oil company presents its second quarter accounts next week. SME Direct has collected estimates from…
Large increase in salaries of Statoil executives in 2015
Despite a huge number of layoffs and negative results, the CEC of Statoil were paid 86.7 million kroner in salaries in 2015. The sum represents…
Statoil has sold operations in the US
Statoil has completed the sale of its operations in the Marcellus shale in the US state of West Virginia. July 8th, Statoil sold holdings in…
Statoil provides major contract to small company in Rogaland
The small oil services company Deepwell has been awarded a contract by Statoil with a total value of over 2 billion kroner. The contract is…
A major agreement between Statoil and IKM
Statoil has signed a service agreement with IKM Testing which is located in Rogaland. The CEO of IKM is looking for a contract value between…
Great danger about drivers’ strike – Statoil and Esso could be heavily affected!
– Strike danger is imminent, says chief negotiator Morten Hagen from Transport Workers Union. The parties sat down at the State mediator on Monday 12…
Large state-owned companies lagging behind on the public opinion survey
Large state-owned corporation like Statoil, DNB and Telenor all experience a decline in the public opinion on TNS Gallup’s annual public opinion survey. The…
DNB and Statoil raised the stockexchange to this years best trading day
Statoil and the DNB stood for the increase at the Oslo Stock Exchange Wednesday. The main index ended at 619.62 points. That’s an increase of…
Billion Imports of oil from disreputable countries
In 2015, Norway imported oil for NOK 3.5 billion. The oil comes from countries that Norway would rather not compare themselves with, and Statoil and…
Statoil farms into Turkey onshore acreage
Statoil has entered a binding letter agreement into two exploration licenses in the Thrace region in the European north-western part of Turkey. Statoil will have…
Man dead after accident on Statoil rig
A welder working on a Statoil rig at the Samsung shipyard in Geoje in South Korea, died before the weekend as a result of injuries…
Statoil closes plant in Canada because of forest fires
Statoil closes the production at the plant at Fort McMurray in Alberta in Canada because of the ravages of the forest fire in the area…
Statoil sells US business for over 3 billion Nok
Statoil has decided to sell its operations in the Marcellus shale gas area in the US state of West Virginia for 407 million US dollars,…
Trade union is warning of Statoil helicopter agreements
The Statoil savings in helicopter expenses can be at the expense of safety, trade union fears. In the wake of the helicopter accident near Bergen, …
Significantly weaker result for Statoil
Significantly lower oil and gas prices is the main reason why Statoil’s first quarter result is 70 percent lower this year than it was last…
Expecting a real downturn for Statoil
The first quarter results from Statoil will be published on Wednesday. The big question is not whether there will be a downturn, but how big…