Statoil has reached an agreement to use Seadrill’s West Aquarius deepwater drilling rig for Statoil’s 2012-2013 exploration activities offshore Newfoundland, Canada.

The licensees of Norway’s Johan Sverdrup discovery will select a development concept in the fourth quarter of 2013, and aim to start production in the last three months of 2018.

Statoil ASA, together with partners Eni Norge AS and Petoro AS, has established a plan for further exploration drilling in the Skrugard area. The exploration campaign will comprise four new prospects and is scheduled to commence...

Statoil and Rosneft signed a cooperation agreement. The companies have agreed to jointly explore offshore frontier areas of Russia and Norway and to conduct joint technical studies on two onshore Russian assets.

Statoil released the 2011 Oil Sands Report Card, which documents company performance within the Canadian oil sands.

Statoil has entered its first acreage in Ghana, farming into a deepwater licence operated by Hess.

Statoil ASA’s Board of Directors has decided to pre-accept a cash offer from Alimentation Couche-Tard

Statoil is awarding Aker Solutions a contract today for hiring of an entirely new type of rig which represents an important technological advance for the industry.

Statoil has awarded Framo Engineering a contact for the design and construction of the Gullfaks subsea gas compression plant. Gullfaks may become one of the first installations worldwide to employ subsea gas compression.

The owners of the Johan Sverdrup field in the North Sea have signed a pre-unit agreement.

Statoil, together with partners in the Oseberg Area Unit, has made a small oil discovery in the production license PL053 in the North Sea.

Statoil intends to establish a new operational area on the Norwegian continental shelf, which will be based in Harstad with start-up in the first half of 2013.

Statoil’s operations in North America got another boost when operator Anadarko Petroleum and co-owners Shell and Chevron today, 12 March, announced the beginning of first production from the Caesar Tonga deep-water project in the...

Statoil is preparing an invitation to tender for a new type of drilling rig for mature fields on the Norwegian continental shelf (NCS). The new rigs, known as category J, will be jack-ups designed by the industry on behalf of...

Statoil (OSE: STL, NYSE:STO) together with operator Repsol Sinopec and partner Petrobras has confirmed a high-impact discovery (*) in the Pão de Açúcar prospect offshore Brazil.

In connection with the development of the world’s first seabed gas compression facility on the Åsgard field, Technip Norway has been awarded the contract for the marine operations of the project. The contract is valued at NOK 1,2...

Statoil, together with its Luva field partners, has selected a Spar platform to develop the field. As a gas transport solution has also been decided, a major step has now been taken towards deep-water production in the Norwegian...

Statoil and its partners on the Snøhvit field have increased the reserves estimate by 20 billion standard cubic metres of gas.

Statoil farms into a Cairn Energy operated exploration licence offshore West Greenland.

The Ministry of Petroleum and Energy, 20 January, gave the green light to the plan for development and operation (PDO) of Skuld, a fast-track development tied in to the Norne field in the Norwegian Sea.

Statoil has resumed production at the LNG plant at Melkøya outside Hammerfest following a temporary shutdown due to rupture of a firewater line Wednesday last week.

Statoil was awarded ownership interests in eleven production licences on the Norwegian shelf. Statoil will be the operator in eight of the licences.

A fixed platform has been selected by Statoil and its partners for the Dagny oil and gas discovery in the North Sea, while the Eirin gas field is to be developed with a subsea solution.

Statoil has matured more reserves through improved recovery than the Skrugard and Havis discoveries combined in 2011. The company is now strengthening its focus on improved recovery.

Statoil has singled out four business critical technologies as key to achieving the company’s growth ambitions. Statoil is boosting its R&D investments by 27% and starting to plan Norway’s biggest centre for IOR technology.