Articles tagged with: oil

(117 hits)

| 2013-05-13 09:52:23

Statoil Grows in Australia
Statoil has signed a farm-in agreement with BP, acquiring a 30 percent equity share in four exploration licences offshore South Australia....
Tags: STATOIL, AUSTRALIA, OIL, BP
| 2013-05-09 13:10:21

Tobacco producers excluded from the Government Pension Fund Global
The Ministry of Finance has excluded the American company Schweitzer-Mauduit International Inc. and the Chinese company Huabao International Holdings ...
Tags: TOBACCO, OIL FUND
| 2013-05-06 09:18:24

Norway Considers Tax Increase in Oil Industry

Norway for the first time proposes to strengthen the tax pressure on oil and gas companies....
Tags: OIL, JOHNSEN, TAX
| 2013-04-20 07:05:43

Norwegian Oil Fund Investments in China Create Controversy
Strict censorship, corruption and secrecy have made it difficult to investigate whether Chinese companies comply with the Norwegian Pension (Oil) Fund...
Tags: CHINA, OIL, INVESTMENT
| 2013-04-11 06:35:08

Aker Solutions wins contract from Premier Oil
Aker Solutions has won a contract to provide hook-up, commissioning and facility management services to Premier Oil at the operator’s Solan field deve...
Tags: AKER SOLUTIONS, OIL, PREMIER
| 2013-04-09 07:36:03

New Oil Discovery in Norway
Lundin Petroleum announced that the drilling of exploration well 16/4-6S on the Luno II prospect has resulted in a potentially significant oil discove...
Tags: OIL
| 2013-04-09 07:33:07

Statoil and SOCAR sign MoU to explore new Caspian acreage
Statoil and SOCAR took a step forward in strengthening their cooperation by signing a memorandum of understanding (MoU) to jointly explore and develop...
Tags: STATOIL, AZERBAIJAN, OIL
| 2013-03-27 06:58:21

Aker Solutions awarded frame agreement with Petrobras
Norwegian Aker Solutions has entered a frame agreement with Petrobras to provide subsea equipment for the oil company’s deepwater pre-salt field devel...
Tags: AKER SOLUTIONS, OIL, BRAZIL, PETROBRAS
| 2013-03-21 08:10:09

Statoil awarded 15 leases in U.S. Gulf of Mexico
Statoil was the highest bidder on 15 leases in the central region U.S. Gulf of Mexico lease sale today. With the addition, Statoil will control more t...
Tags: STATOIL, GULF
| 2013-03-16 08:53:35

Major Oil Projects To Be Reviewed
Norwegian Petroleum Directorate asked to review major projects. ...
Tags: OLA BORTEN MOE, PROJECT, OIL, ENERGY
| 2013-03-14 08:30:42

DNV and Statoil Cooperate to Enhance Arctic Competence
Two Norwegian giants, DNV and Statoil have launched a competence programme that aims to enhance the two organisations’ knowledge about particular Arct...
Tags: ARCTIC, DNV, STATOIL
| 2013-03-09 08:25:51

Norwegian Oil Fund’s Second Best Year
The State Pension Fund (widely known as oil fund) had a return of 13.4 percent last year, the all-time second best result. Fund increased by 504 Billi...
Tags: OIL, FUND
| 2013-03-04 07:11:28

More oil and gas on the Norwegian continental shelf
The Norwegian Petroleum Directorate presented updated resource figures for the Norwegian Continental Shelf. ...
Tags: OIL
| 2013-02-25 10:01:18

Norway Should Limit Oil Use
SV politician Alf Egil Holmelid says Norway needs to depend less on oil and more on research and innovation to maintain the welfare state....
Tags: OIL, WELFARE, ALF EGIL HOLMELID, ØYSTEIN OLSEN
| 2013-02-24 09:41:08

Statoil Starts Limited Production at In Aménas

The In Aménas gas facilities in Algeria operated by the Joint Venture partners Sonatrach, BP and Norwegian Statoil, initiated a limited production sta...
Tags: STATOIL, IN AMENAS, ALGERIA
| 2013-02-11 08:43:20

Demanding Armed Guards on Important Industrial Facilities in Norway
Former security manager at Statoil believes a Norwegian industrial national guard should be established to protect important facilities in the country...
Tags: STATOIL, TERROR
| 2013-01-20 10:53:42

Norwegian Expert: It May Have Financial Motivation
The hostage attack in Algeria has been planned for two months and the perpetrators received inside help from the employees, according to Norwegian exp...
Tags: TERROR, STATOIL, ALGERIA
| 2013-01-18 09:13:54

Norway Preparing Its Special Forces for Algeria
Norwegian Special Forces is investigating resources for any action against the hostage incident in Algeria....
Tags: HOSTAGE, ALGERIA, MALI, STATOIL, TERROR
| 2013-01-18 09:11:31

Norway Demands Explanation from Algeria
Norway requires a full account of Algeria for military action against the gas plant....
Tags: ALGERIA, ATTACK, MILITARY, STOLTENBERG, STATOIL, EIDE
| 2013-01-17 10:09:33

Norwegian Historian: Hostage Tragedy is a Result of Libya War
The group has claimed responsibility for the attack against gas plant in Algeria is partly a result of the war in Libya, says Norwegian professor. ...
Tags: HOSTAGE, ALGERIA, MALI, STATOIL, TERROR
| 2013-01-14 19:38:17

13 Norwegians Taken Hostage at Statoil’s In Amenas Facility in Algeria

A group of militants from Mali have attacked and occupied a natural gas complex partly operated by Norwegian energy giant Statoil in southern Algeri...
Tags: ATTACK, TERRORISM, MALI, ALGERIA, STATOIL, HOSTAGE
| 2013-01-14 09:01:10

Norway Expects a Decrease in Oil production in 2013
4% decrease is expected in the new year....
Tags: OIL, STATOIL, BP
| 2012-12-20 11:07:28

19,000 Liters of Oil into the River
Due to a leakage during refilling of Hafslund heating plant in Oslo on Wednesday, 19,000 liters of oil leaked into Akerselva river near Ullevaal Hospi...
Tags: RIVER, OIL, ENVIRONMENT
| 2012-12-11 11:44:01

Aker Solutions awarded global frame agreement with Shell
The international oil services provider Aker Solutions has signed a frame agreement with Shell for the delivery of subsea umbilicals and cables global...
Tags: AKER SOLUTIONS, OIL, SHELL
| 2012-12-04 10:28:26

Total Discovered New Oil Reserves in the North Sea
Norwegian branch of the French oil company Total - Total E&P Norge - discovered new oil reserves in the border of Garantiana area in the Norwegian sec...
Tags: OIL, TOTAL
| 2012-12-02 08:41:55

Lucrative cultural monument in Stavanger
The Statfjord field was inaugurated as a cultural monument at the Norwegian Petroleum Museum in Stavanger. ...
Tags: STATFJORD, STAVANGER, MUSEUM, OIL
| 2012-11-23 13:59:09

Government Approves New Oil Fields in the North Sea
Plan for development and operation of Svalin project in the central North Sea was approved by the cabinet....
Tags: STATOIL, SVALIN, OPERATION, OIL, GAS
| 2012-11-20 08:58:25

Statoil to Provide Europe’s Gas
Statoil and Wintershall have entered into a 10-year gas sales agreement for the delivery of a total of 45 billion cubic meters (bcm) to the German and...
Tags: STATOIL, GAS, AGREEMENT, WINTERSHALL, GERMANY, EUROPE
| 2012-11-11 11:13:27

The Arctic and the Need for Greater Differentiation in a Non-Coherent Region
No country in the world discovered more oil and gas reserves than Norway last year. Some of these new discoveries are located in the Barents Sea, whic...
Tags: ARCTIC, OIL
| 2012-11-07 08:49:27

Staff from Statoil’s Oil Platform was Evacuated in the Norwegian Sea
Today oil and gas company Statoil began the evacuation of all 347 employees from heeled platform "Floatel Superior" in the Norwegian Sea. ...
Tags: STATOIL, EVACUATION
| 2012-10-18 10:06:12

Aker Solutions Signs Umbilicals Contract with ENI
Aker Solutions has signed a contract with ENI for the Block 15�6 West Hub development project in the Angolan deep water region. ...
Tags: AKER SOLUTIONS, CONTRACT, OIL, ANGOLA
| 2012-10-16 08:35:34

Aker Solutions Officially Opens Malaysian Subsea Service Base
Norwegian oil services company Aker Solutions has expanded its subsea business by establishing a subsea lifecycle service base in Labuan, Malaysia. ...
Tags: AKER SOLUTIONS, MALAYSIA, OIL
| 2012-10-11 07:41:30

Wireline Tractor Service Contracts Awarded by Statoil
Welltec and Aker Well Services will deliver solutions for equipment deployment and maintenance in horizontal wells on more than 40 installations on th...
Tags: STATOIL, OFFSHORE
| 2012-10-11 07:39:46

Aker Solutions Sells Remaining Ownership in Lewek Connector
AMC Connector AS, a joint venture between Aker Solutions and Emas Offshore Limited, has agreed to sell subsea construction and cable-lay vessel Lewek ...
Tags: AKER SOLUTIONS, CONTRACT, OIL, LEWEK
| 2012-10-04 09:23:17

Oil Fund Invests Less Ethically under Sigbjørn Johnsen
Youth organization Changemaker believes Norwegian Petroleum Fund’s ethical work is weakened under Finance Minister Sigbjørn Johnsen’s management....
Tags: OIL, FUND, CHANGEMAKER, TAX HAVEN
| 2012-10-01 08:14:30

Aker Solutions Awarded Wireline Tractor Agreement with Statoil
Aker Solutions has been awarded a four-year frame agreement from Statoil for delivering wireline tractor services on the Norwegian continental shelf....
Tags: AKER SOLUTIONS, STATOIL
| 2012-09-28 09:14:21

Norway’s Crown Prince Opens Sheringham Shoal Offshore Wind Farm

Crown Prince Haakon of Norway has officially opened the Sheringham Shoal offshore wind farm built off the coast of Norfolk, UK, by the owners Statoil ...
Tags: STATOIL, STATKRAFT
| 2012-09-26 07:45:31

Building Norway’s Biggest IOR Centre
As part of the plans to increase the recovery rate on the Norwegian continental shelf from 50% to 60%, Statoil has commenced building Norway’s biggest...
Tags: STATOIL, OIL, TRONDHEIM
| 2012-09-19 09:13:36

Aker Solutions Ramps up Stockton-on-Tees Operation
International oil services group Aker Solutions is set to ramp up its presence in the north east of England. ...
Tags: AKER SOLUTIONS, STOCKHOLM, OIL
| 2012-09-18 09:49:06

Norwegian Oil Technology to Mars
NASA will use Norwegian oil drilling technology to search for life on Mars. Mars Institute, which works with NASA, has already opened an office in Sta...
Tags: MARS, NASA, OIL
| 2012-09-15 19:31:37

Notifiable Trading in Statoil Shares
On behalf of Statoil (OSE:STL, NYSE:STO), DNB has on 14 September 2012 purchased 534,800 shares for use in the group`s Share saving plan....
Tags: STOCK, STATOIL, DNB
| 2012-09-11 07:42:34

FrP will Use Oil Fund Money for Road and Railway
Progress Party (FrP) is willing to make use of oil fund money, if they are in the coalition after the elections....
Tags: OIL FUND, FRP, SANDBERG, TRANSPORTATION, INVESTMENT
| 2012-09-07 07:03:17

Kværner to Perform Edvard Grieg Offshore Hook-up and Commissioning Assistance
Lundin Norway AS has confirmed an option in the Edvard Grieg topside contract for Kværner to perform the offshore hook-up and commissioning assistance...
Tags: KVæRNER ASA, OIL
| 2012-09-04 07:41:57

Statoil has Committed to the Sea of Okhotsk
The Norwegian oil company has signed a joint venture agreement with the Russian Rosneft....
Tags: STATOIL, ROSNEFT
| 2012-08-30 12:42:14

Prime Minister Rejects Oil Drilling in the North Pole
Prime Minister Jens Stoltenberg (Ap) denies the possibility of oil drilling in Arctic after the Minister of Petroleum and Energy, Ole Borten Moe told ...
Tags: ARCTIC, STOLTENBERG, OLE BORTEN MOE, BåRD VEGAR SOLHJELL, OIL, BELLONA
| 2012-08-29 13:16:41

Indian Oil Company Shows Interest in the Arctic
One of the mayor oil companies in Asia, ONGC, wants to join Statoil on the Arctic....
Tags: OIL, ONGC, ROSNEFT, STATOIL, INDIA
| 2012-08-16 09:21:24

Statoil farms down in Mozambique licence

Statoil has farmed down a 25% working interest in its operated exploration licence offshore Mozambique to Tullow Oil plc (Tullow)....
Tags: STATOIL, OIL, MOZAMBIQUE
| 2012-08-10 07:39:27

Kværner ASA to Reform the Company’s Dividend Policy
The Board of Directors of Kværner ASA has decided to amend the company’s dividend policy to increase the visibility and predictability of dividends go...
Tags: KVæRNER, OIL
| 2012-08-08 08:15:39

Statoil Accepts Fine for Incomplete Listing

Statoil ASA has accepted a fine of NOK 3 million (USD 0.5 million) by Økokrim for breaches of certain formal requirements in the Securities Trading Ac...
Tags: STATOIL, ØKOKRIM
| 2012-07-20 10:32:51

Aker Solutions Wins Drilling Riser Contract
Aker Solutions has won a contract to deliver a deepwater drilling riser system to Atwood Oceanics, the drilling operator. ...
Tags: AKER SOLUTIONS, DRILLING, OIL
| 2012-07-10 13:27:43

Oil Workers Warn of New Strikes
Norwegian trade unions consider the first round is lost, but the struggle against the Norwegian Oil Industry Association (OLF) is not over....
Tags: STRIKE, OIL, ENERGY
| 2012-07-10 10:35:01

Strike of Oil Workers Ends with Government Intervention
The Norwegian government has ordered an end to the ongoing strike by oil and gas workers as the producers threatened a lockout which would have shut d...
Tags: STRIKE, OIL, ENERGY
| 2012-07-09 09:56:36

Statoil Sees Growth in Energy Demand towards 2040
Norwegian Statoil launches its annual outlook for global economics and energy markets – Energy Perspectives 2012....
Tags: STATOIL, OIL, ENERGY
| 2012-07-06 07:59:32

Norwegian Companies Prepare to Stop All Production of Oil and Gas

Employers alert lockout on the Norwegian shelf from next week till the end of the ongoing strike by oil workers....
Tags: STATOIL, OIL, GAS, OLF, MOE, STRIKE, EUROPE, LOCKOUT
| 2012-07-04 08:24:13

Significant Gas and Condensate Discovery in the North Sea

Statoil has made a significant gas and condensate discovery in the King Lear prospect in the southern part of the Norwegian North Sea along with its p...
Tags: STATOIL, OIL, TOTAL, GAS
| 2012-06-24 22:22:26

Statoil and Rosneft move to implement strategic cooperation agreement

Statoil and Rosneft signed agreements on joint bidding for exploration licenses in the Norwegian Barents Sea and on Joint Technical Evaluation coverin...
Tags: STATOIL, OIL, ROSNEFT
| 2012-06-24 08:44:49

700 oil workers in the North Sea on strike
Negotiations with the Norwegian Oil Industry Association (OLF) breaks in Norway and more than 700 workers are on strike now....
Tags: OIL, STRIKE
| 2012-05-08 08:54:33

Statoil signs cooperation agreement with Rosneft
Statoil (OSE:STL, NYSE:STO) and Rosneft signed a cooperation agreement....
Tags: STATOIL, RUSSIA, ROSNEFT
| 2012-04-18 07:30:32

Statoil Sells Petrol Stations
Leading North American convenience store operator Alimentation Couche-Tard is to acquire #1 Scandinavian convenience and fuel retailer Statoil....
Tags: STATOIL, OIL, STATION, COUCHE-TARD, ALIMENTATION, CANADA
| 2012-04-17 10:57:10

Statoil launches new rig type for increased oil recovery

Statoil is awarding Aker Solutions a contract today for hiring of an entirely new type of rig which represents an important technological advance for ...
Tags: STATOIL, OIL, AKER SOLUTIONS
| 2012-03-27 08:21:42

Pre-unit agreement for Johan Sverdrup signed

The owners of the Johan Sverdrup field in the North Sea have signed a pre-unit agreement....
Tags: STATOIL, OIL
| 2012-03-08 09:03:43

Kvaerner Opens Office in Trondheim, the technology capital of Norway

Kvaerner establishes an engineering office in Trondheim. The establishment will increase Kvaerner's capacity and competence. ...
Tags: KVæRNER, TRONDHEIM, OIL
| 2012-03-03 09:11:45

Record Value for Norwegian Kroner

The value of Norwegian Kroner has reached Danish Kroner for the first time in nine years. ...
Tags: KRONER, DANISH, EXCHANGE RATES, OIL, INDUSTRY
| 2012-02-24 08:40:27

Moe is Optimistic About the Future of Norwegian Energy
Oil and Energy Minister Ola Borten Moe is optimistic about a future solution to the climate issues and believes in the peaceful coexistence of oil pro...
Tags: ENERGY, OLA BORTEN MOE, OIL, RENEWABLE ENERGY, GREEN ENERGY
| 2012-02-18 07:55:35

Gasoline Prices Peak, Tax Deduction is Required.
Gasoline prices have reached the highest level in Norway. The politicians call government to reduce taxes....
Tags: GASOLINE, OIL, TAX
| 2012-02-08 08:57:17

Strong growth for Statoil
Statoil's fourth quarter 2011 net operating income was NOK 60.7 billion, a 42% increase compared to NOK 42.8 billion in the fourth quarter of 2010...
Tags: STATOIL, OIL
| 2012-01-23 14:22:40

Petromania and Petrostan
When Norway discovered oil, we got a very special relationship with the state. Author Simen Sætre calls it petroleum mania, and now it's time to f...
Tags: OIL, STATE, SIMEN SæTRE, BOOK
| 2011-10-04 08:02:54

Norway Tops in Oil and Gas Discoveries

Norway has come to the first place in finding new oil and gas reserves this year. In last three years, only Brazil and the United States have suprasse...
Tags: OIL
| 2011-07-12 08:50:47

Aker Solutions to Conduct FEED Study for Statoil's Mariner Field
Aker Solutions has won a contract to conduct the topside FEED (front-end engineering and design) study for Statoil on the Mariner field on the UK cont...
Tags: STATOIL, DRILLING, OIL, AKER
| 2011-06-21 10:49:03

New sub-surface Aggreement with Eni Norge
Aker Solutions' geo business has signed a three-year frame agreement with Eni Norge AS to supply sub-surface consultancy services within the areas...
Tags: AKER SOLUTIONS, OIL, DRILLING
| 2011-06-17 09:23:30

Aker Solutions win drilling equipment contract
Aker Solutions won a contract from Daewoo Shipbuilding & Marine Equipment to supply a complete drilling equipment package for a new deepwater drill sh...
Tags: AKER SOLUTIONS, OIL, DRILLING
| 2011-05-25 09:57:09

Crown Prince Officially Opens Peregrino
Norway’s Crown Prince Haakon officially opened the Statoil-operated Peregrino oil field offshore Brazil today in a ceremony aboard the floating produc...
Tags: STATOIL, OIL, CROWN PRINCE
| 2011-05-12 08:25:22

Statoil Hunts for Ideas on the Web
Ukesavisen brought to light Statoil's new innovative web-based portal that was introduced recently. As the portal is open to all, Statoil invites ...
Tags: STATOIL, OIL
| 2011-04-04 10:25:06

Fifth Best Year of Oil Fund’s History
The Government Pension Fund Global returned 9.6 percent, or 264 billion kroner, in 2010, driven by widespread gains in global stock and bond markets....
Tags: OIL, FUND
| 2011-02-09 08:59:38

25 percent growth Expected for Statoil
Statoil presented its numbers from the fourth quarter of 2010, there is a clear expectation that the bottom line will be considerably better than the ...
Tags: STATOIL, OIL
| 2010-11-05 08:56:14

Statoil Performs Well in 3rd Quarter
The Norwegian oil giant, Statoil announced its financial results for the III quarter of 2010. ...
Tags: STATOIL, OIL
| 2010-11-04 11:11:56

Is Statoil Moving out of Norway?
The Norwegian Oil company, Statoil's establishment of a new business with offices in London is interpreted as an attempt to move abroad....
Tags: STATOIL, LONDON, STAVANGER, OSLO, HYDRO, RUSSIA, IRAQ, OIL
| 2010-10-30 10:31:25

Statoil exercises one year option with Aker Solutions at Mongstad refinery
Statoil exercises a one year option to extend its contract with Aker Solutions at the Mongstad refinery in Norway. ...
Tags: AKER SOLUTIONS, STATOIL
| 2010-10-09 13:08:09

Statoil Starts IPO of 40% stocks of Fuel & Retail
Statoil starts to conduct an initial public offering (IPO) of its unit Statoil Fuel & Retail. According to the report by Statoil, up to 120 million sh...
Tags: STATOIL, SHARE, OIL
| 2010-10-08 09:11:04

Aker Solutions goes subsea for Shell in Gulf of Mexico

Aker Solutions has signed three subsea contracts with Shell Offshore Inc for deliveries to the operator's Popeye and Europa fields in the Gulf of ...
Tags: SHELL, GULF SEA, MEXICO, AKERSOLUTIONS, OIL, SUBSEA
| 2010-10-07 14:01:21

DNO Will Pay 189 million to Top Diplomat
Norwegian oil company, DNO may have to pay 189 million to the former top diplomat Peter Galbraith for helping the oil company drilling license in Iraq...
Tags: DNO, OIL, IRAQ, US, KURDISH
| 2010-10-06 14:06:28

New Tax Plan in Norway for 2011
While there are minor changes in property tax and Gift Deduction, total taxes and fees kept unchanged in 2011 Budget....
Tags: BUDGET, 2011, FINANCE, GOVERNMENT, OIL, WELFARE, TAX
| 2010-10-06 12:40:09

2011 Budget: Better Health and Welfare
2011 government budget has been announced. The government is commited to improve the welfare system with the positive economic trends in Norwegian ece...
Tags: BUDGET, 2011, FINANCE, GOVERNMENT, OIL, WELFARE
| 2010-10-06 11:45:28

A Less Oil Dependent State Budget in 2011
Positive Trends in the Norwegian economy made the government keep the oil spending unchanged and focus on welfare system in 2011 budget....
Tags: BUDGET, 2011, FINANCE, GOVERNMENT, OIL, WELFARE
| 2010-09-30 08:42:07

Bellona Requires Petroleum-Free Areas
Bellona, the international environmental NGO based in Norway, requires that the area outside Lofoten, Vesterålen and Senja to be included as permanen...
Tags: LOFOTEN, STATOIL, BELLONA, RUSSIA, OIL, OFFSHORE, FSB
| 2010-09-29 08:03:11

Israeli Submarine Testing Stopped
Norwegian Foreign Ministry does not allow Israeli submarines to use Norwegian harbors and waters for testing, writes NRK....
Tags: ISRAEL, BLOCKAGE, GAZA, SUBMARINE, OIL FUND
| 2010-09-24 06:54:33

Shtokman Can Trigger Natural Disaster
An earthquake and subsequent tsunami may occur if the huge gas field, Shtokman is not secured properly, according to Russian researcher Anatoly Vinogr...
Tags: RUSSIA, GASPROM, STATOIL, DISASTER, TSUNAMI
| 2010-09-22 04:06:45

Optimism in Gas Price
The manager of Statoil gas unit, Rune Bjørnson sees positive trend in the gas market....
Tags: GAS, STATOIL, CRISIS
| 2010-09-21 06:39:43

Norwegian Pension Fund Breaks Record
The Pension Fund, popularly called the Oil Fund, approaches a new milestone. During the autumn, the fund will pass NOK 3,000 billion....
Tags: PENSION, FUND, OIL, WELFARE, AGING
| 2010-09-20 09:29:51

Aker Solutions signs contract for Gudrun
Statoil has awarded Aker Solutions the Sleipner Modifications Portfolio Agreement and the first project-specific agreements for engineering, procureme...
Tags: AKER SOLUTION, STATOIL
| 2010-09-15 09:23:37

Riis-Johansen in Brazil
Oil and Energy minister Terje Riis-Johansen has gone to Norway's most important trading partner in South America, Brazil for his one week program....
Tags: BRAZIL, OIL, RIIS-JOHANSEN, ENERGY
| 2010-08-28 03:15:45

ONS 2010 Completed with New Inspirations
One of the largest forums of world oil industry, the exhibition-conference "The Offshore of the Northern Seas – 2010" (ONS–2010) completed its work on...
Tags: ONS, STAVANGER, OIL
| 2010-08-25 07:59:44

Aker Solution Wins Kanowit Subsea Project
Aker Solutions, through its subsidiary in Malaysia - Aker Process Systems Asia Pacific (APSAP), has been awarded two subsea contracts from PETRONAS Ca...
Tags: AKER SOLUTION, OIL, SUBSEA, MALAYSIA, KUMANG
| 2010-08-24 15:42:20

The King Opens ONS 2010
King Harald opened the ONS 2010 in Stavanger. The event includes the exhibition, conference and festival about the energy world....
Tags: KING, HARALD, ONS, STAVANGER, OIL
| 2010-08-20 12:57:58

Changes in Statoil’s Corporate Structure
Statoil ASA will change its organisational structure as a response to future business opportunities and challenges, and to support a continued strong ...
Tags: STATOIL, OIL
| 2010-08-18 10:29:21

New Oil Discovery in Peru
Norwegian based exploration and production company Interoil completed the drilling of two new wells in Peru. Both wells discovered oil....
Tags: INTER OIL, DRILLING, PERU, OIL
| 2010-08-14 10:21:23

Aker Solutions and KGNT Holding establish joint venture in Kazakhstan
Aker Solutions and the Kazakh company KGNT Holding has established a 50/50 joint venture, Aker Caspian. The company is targeted for servicing the offs...
Tags: AKER SOLUTION, CASPIAN, KAZAKHSTAN, KGNT, OIL, GAS
| 2010-08-10 10:50:55

Erik Solheim to the Gulf of Mexico and South America
Environment and Development Minister Erik Solheim will visit the Gulf of Mexico to see the damage for oil accident . Solheim will also meet representa...
Tags: SOLHEIM, OIL, MEXICO, GULF
| 2010-08-08 08:15:41

High Exploration Activity on the Norwegian Shelf
At the end of the first half of 2010, 25 exploration wells on the Norwegian shelf were completed. During the same period last year, 33 exploration wel...
Tags: OIL, DRILLING, STATOIL, ENI, NPD
| 2010-08-05 13:27:12

Statoil reports high activity in second quarter
Norwegian energy producer Statoil's has reported a net operating income of NOK 26.6 billion in the second quarter of 2010, compared to NOK 24.3 bi...
Tags: STATOIL, OIL
| 2010-08-02 11:58:13

Statoil Started Oil Drilling in Morvin Field

Statoil commenced production of oil from the Morvin subsea field towards the Åsgard field in the Norwegian Sea Sunday, 1 August....
Tags: STATOIL, MOLVIN, OIL
| 2010-07-27 12:23:01

Industrial Espionage Warning in Oil Exhibition
Norway's Police intelligence service (PST) believes that foreign intelligence agents use Oil Exhibition in Stavanger as an arena for industrial es...
Tags: PST, ONS, OIL, ESPIONAGE, AGENT
| 2010-07-16 13:37:33

Oil and Energy Minister to the U.S.
Oil and Energy Minister Terje Riis -Johansen travels to the U.S. He will participate in the ministerial conference on clean energy in Washington DC be...
Tags: OIL LEAK, BP, OIL, ENERGY, JOHANSEN, USA
| 2010-07-08 15:19:01

A Leading Technology against deafening problem in Oil Industry
It is reported about 600 hearing damage in the petroleum industry each year. Statoil is one of the companies that take noise problems very seriously...
Tags: OIL INDUSTRY, STATOIL, TECHNOLOGY, QUITEPRO
| 2010-07-06 14:44:17

No Strike in Oil Industry
Trade Unions and Energy and Oil Industry Association (OLF ) agreed on a new collective agreement. Thus, there is no strike in the oil industry....
Tags: PETROLIUM, OIL INDUSTRY, STRIKE
| 2010-06-03 15:02:25

Netherlands and Norway: Gender equality and environmental Technology on the agenda
The Dutch Queen Beatrix is on an official visit to Norway between 1 - 3 June. In this frame, Industry and Trade Minister Trond Giske had a meeting on...
Tags: NETHERLANDS, GISKE, TRADE, IMPORT, EXPORT, FISHERY, OIL, DUTCH
| 2010-05-30 06:48:51

Three Norwegian Companies on World's top 500 list
Financial Times has ranked the world's largest companies this year. Three Norwegian companies, Statoil; Telenor and DnB NOR could enter the annual...
Tags: COMPANY, STATOIL, TELENOR, DNB NOR, FINANCIAL TIMES, RANKING
| 2009-12-17 12:24:53

Is the Financial Crisis Over in Norway?
Norges Bank's Executive Board decided to raise its key rate by 0.25 percentage point to 1.75 percent. Arne Strand interpreted this as the end of the f...
Tags: ECONOMY, CRISIS, OIL
| 2009-11-15 12:48:14

Oil and Electric Car War in Norway
The oil industry has commissioned a report which recommends that the tax exemption for electric cars in Norway should be removed. The electric car man...
Tags: THINK, TATA, OIL, ELECTRIC CAR, MILJøBIL, GRENLAND, NP, KEWET
| 2009-11-05 23:34:07

21st Licensing Round in Oil Exploration
Terje Riis-Johansen, Norwegian Minister of Petroleum and Energy, has invited oil companies to nominate blocks that ought to be included in the 21st li...
Tags: OIL, EXPLORATION, LICENCE
| 2009-11-02 08:32:49

StatoilHydro Becomes Statoil with its New Logo
StatoilHydro ASA changes its name to Statoil ASA, today. There will be no change in the ticker code on the Oslo Stock Exchange (STL) or NYSE (STO). ...
Tags: STATOIL, ENERGY
| 2009-10-26 12:05:00

Oil and Gas Industry Discussed the Problems in the Sector

Oil and Energy Minister Terje Riis-Johansen met 21 key players in the oil and gas industry to discuss the impact of thefinancial crisis on the Norwegi...
Tags: INDUSTRY, OIL, ENERGY, JOHANSEN
| 2009-10-19 11:25:00

New Iraq Government can Cancel the Oil Contracts

Norwegian news portal, Hegnar wrote that the contracts of foreign oil companies with the Iraqi government can be canceled after the elections in Janua...
Tags: IRAQ, OIL, OIL COMPANIES, ELECTION, ALI HUSSAIN BALOU
| 2009-10-09 01:40:00

State Demands Billions from StatoilHydro

The government took the payment disagreement with Stat-Oil in a project in 1999 to the court. According to Stavanger’s daily newspaper, Aftenbladet, t...
Tags: STATOIL, STATE, COURT, DISAGREMENT
| 2009-09-24 08:30:00

Statoil believes in Natural Gas’ future

StatoilHydro’s executive vice president believes that Natural gas will keep its importance as an attractive energy source in the future ...
Tags: GAS, , OIL, STATOIL
| 2009-08-25 00:00:00

Aker Exploration and Det Norske to merge

Through an integration agreement, Det norske oljeselskap ASA and Aker Exploration ASA are uniting to realize their shared ambition of creating a bigge...
Tags: AKER EXPLORATION, OIL EXPLORATION, DET NORSKE
| 2009-03-17 14:40:00

Oil Lobby Makes Pressure for More Money

the oil sector has fiercely reacts to the idea of spending more money for research on renewable energy ...
Tags: OIL LOBBY

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