Floating and Production Storage Systems: Operational:
274
On Order:
42
Planned:
152
Available:
12
Statoil has high ambitions for international growth and has business operations in 35 countries around the world.
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Aasta Hansteen and Polarled are moving the boundaries for technology, deep waters and ripple effects on the Norwegian continental shelf (NCS). "Aasta Hansteen is one of the biggest and most complex industrial projects in Europe. With the Polarled…
The Edvard Grieg oil field off Norway is expected on stream in October next year, its operator Lundin Petroleum said on Monday. "We should be on production in October next year," Torstein Sannes, Lundin Petroleum's chief in Norway, told a news conference.
Oil discoveries hit new lows in 2013, 2014; oil firms cutting spending, including exploration. Spending cut could hit oil price with a lag. Costs soar, making many project unviable. The rate of oil discoveries continues to disappoint after a…
Norwegian energy firm Statoil will only slightly raise its U.S. shale oil and gas output in the near term due to spending curbs, well below a potential for a 50 percent surge, the firm said on Monday. Statoil, which produces around a tenth of its oil and gas from its U.S.
Sea spray icing is one of the major challenges when operating in Arctic conditions. DNV GL is now launching an industry collaboration which will develop a simulation model that bridges functional winterization requirements and real physical conditions for drilling rigs…
