Saetre to carry on as Statoil CEO despite nearing retirement age
Statoil's chief executive will continue in his role after deciding not to exercise his contractual right to retire at the age of 62.
Norway
Forget peak demand, Norway’s oil chief wants more crude to pump
The renewable energy revolution doesn’t scare the man overseeing western Europe’s biggest crude oil spigot.
Statoil cleared to drill exploration well
Norway’s offshore safety watchdog has given Statoil permission to drill an exploration well in the North Sea. Drilling of the Tune Statfjord prospect on production licence 190 is expected to start in November and last about 100 days. Deepsea Atlantic semi-submersible rig, operated by Odfjell Drilling, will be used on the drilling campaign.
Statoil’s Aasta Hansteen topside leaves for Norway
The 24,000 tonne topside for the Aasta Hansteen platform has set sail to Norway from South Korea onboard the Dockwise White Marlin.
Lundin’s Barents Sea wildcat well a failure
Swedish firm Lundin Petroleum's Borselv well in the Barents Sea is dry, Norwegian authorities said today.
HitecVision restructures Apply following £37.5m investment
Norwegian private equity fund HitecVision has restructured oil service group Apply after more than doubling its stake through a £37.5million investment.
Statoil hits Norwegian emissions target two years early
Statoil said today that it had reached its 2020 carbon emissions reduction target already.
Wintershall to use North Atlantic Drilling rig on Norway well
Norway has given German firm Wintershall permission to drill an exploration well on the Balderbra prospect in the Norwegian Sea.
Inpex buys into company’s first Norwegian project
Japanese firm Inpex has agreed to buy a 40% stake in a licence in the Barents Sea from Bayerngas.
Norwegian safety body finds fault with Visund A platform
Norway’s offshore safety watchdog said today that it had uncovered a number of flaws in Statoil’s drilling and well operations on the Visund A facility.
OMV strikes oil on Barents well
Austrian oil company OMV’s appraisal well on the Wisting discovery in the Barents Sea has encountered an oil column, the Norwegian Petroleum Directorate (NPD) said today.
Statoil, Eni hand Bristow contracts for Barents work
Statoil and Eni have jointly awarded Bristow contracts for two Sikorsky S92 helicopters operating out of Hammerfest, Norway.