Longboat Energy is to acquire minority stakes in two units of Norway’s Statfjord oil field, in a deal that will offer the company its first producing assets.
Equinor has signed a deal to offload 28% of its working interest in the Statfjord area to fellow Norwegian firm, OKEA.
Equinor is reportedly considering a partial sale of its stake in Norway’s Statfjord field, along with minority holdings in several other satellite fields.
Centrica has concluded the sale of the majority of Spirit Energy’s Norwegian assets to Sval Energi, and its interests in the Statfjord field to Equinor, as it focuses on UK gas production and energy transition projects.
Spirit Energy owner Centrica has announced bumper 2021 profits on the back of soaring energy prices, and the offloading of several upstream assets.
Subsea 7 has unveiled a new contract with Equinor in the Danish and Norwegian sectors of the North Sea.
Equinor said yesterday that it halted loading operations on the Statfjord field after oil was spotted on the surface of the North Sea.
Norway’s offshore oil industry watchdog has warned Statoil over safety systems on the Statfjord facilities in the North Sea.
A fire broke out on a North Sea platform after crude oil pumped against a closed valve for nearly an hour - with the temperature rising from 33 degrees Celsius to 344C.
Statoil revealed some of the findings into serious gas leak incident, which injured five people, including two students.
Statoil said its average serious incident frequency (SIF) rose for the 12 months ended September this year compared to the same period in 2015.
A meeting has been called between Statoil management and the Norwegian Petroleum Safety Authority after a number of incidents involving the company’s assets.
A trio of oil companies have celebrated the delivery of five million barrels of oil from Statfjord since first oil in 1979.
Norway's Petroleum Safety Authority is to investigate last week's oil spill from Statoil's Statfjord A platform tanker.
Statoil has awarded an engineering, procurement and construction (EPC) contract to IKM Ocean Design for the Johan Sverdrup project.