An Oslo court has ordered Statoil to pay Chinese firm COSL compensation for cancelling contract following a fatal accident on a rig in 2015.
Europe is facing power generation capacity shortages and may even risk blackouts without additional use of natural gas, one of the continent’s biggest producers of the fuel said.
The Sleipner A processing, drilling and living quarter platform in the North Sea really gets battered by the elements.
Norwegian oil firm Statoil is facing a £809 million payout to its partners in a Nigerian oilfield - Chevron and Petrobras - after losing an arbitration dispute.
Statoil's name change to Equinor is expected to be voted through at the Norwegian energy giant's annual general meeting tomorrow.
Statoil said today that a power cable linking the Johan Sverdrup field with dry land will keep the North Sea project's CO2 emissions to a minimum.
Subsea 7 has won an inspection maintenance and repair contract with Statoil for 560 subsea wells in Norway.
Energy technology firm ABB confirmed last night that it would supply shore-to-platform renewable electrification for Statoil’s Johan Sverdrup development.
Ardyne, an Aberdeen-based well technology company, has announced a contract with Statoil for work within the North Sea.
Energy giant Statoil has said its next generation of oil and gas projects will have a reduced level of CO2 emissions.
Statoil has started mobilising its staff of up to 2,400 people who will eventually start-up the Johan Sverdrup field.
Wood has installed new technology to measure the effects of turbulence on the world’s first floating wind farm, off the coast of Peterhead.
Verus Petroleum has announced a deal to acquire a 17% stake in the North Sea Alba field from Statoil.
Installation work has started for Norway’s largest pipeline to the Johan Sverdrup field.
Norwegian oil giant Statoil has announced that it will change its corporate structure effective between 1 May and 15 October 2018.
Energy giant Statoil has released images of work being carried out on three major projects set for the Norwegian Sea.
Jersey Oil and Gas swung back to profit last year thanks to "beneficial" financial arrangements on a North Sea licence.
Statoil said higher US production helped the Norwegian energy giant increase its first quarter profits by 12.3% to £3.25billion.
The owners of a licence containing a significant North Sea discovery have agreed to pay for a new 3D seismic survey of the area.
Baker Hughes, a GE Company (BHGE), has won a contract with Statoil to provide turbomachinery equipment for the Johan Castberg development.
Norwegian oil giant Statoil is to unveil plans to help small and medium enterprises (SMEs) develop new technologies at an event in Aberdeen tomorrow.
Aker Solutions said on Saturday that work began as normal on the Mariner field and that the strike action proposed earlier in the week did not take place.
Norwegian oil service company Aibel has won a contract worth £115million for upgrading the Njord Bravo storage and offloading vessel.
The Scottish division of the Royal Society for the Protection of Birds (RSPB) has hit out against a study published today on the risk to seabirds through collision with offshore wind turbines, calling the findings a "very optimistic interpretation of data".
Workers are understood to be considering downing tools on the Mariner field again.