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 High-impact oil discovery in the Barents Sea On Jan. 9, Statoil announced a substantial oil discovery with its partners Eni Norge AS and Petoro AS at the Havis prospect in the Barents Sea in northern Norway. This is the second high-impact discovery on the Norwegian Continental Shelf (NCS) in nine months. Statoil estimates the [...]  Communication between the Aldous and Avaldsnes oil discoveries in the North Sea has now been confirmed. In combination these discoveries may represent an oil structure of between 500 million and 1.2 billion barrels of recoverable oil equivalent. If the upper part of the interval strikes pay dirt, the discovery will be one of the [...]  On Jan. 27, Statoil announced first oil production from its Leismer Demonstration Project (LDP) after initiating steam injection in September 2010, one month ahead of schedule. “We are very pleased with the safe start up of this demonstration facility and first oil at Leismer,” said Lars Christian Bacher, president of Canadian operations for Statoil [...]  Statoil has increased its sponsorship of the First Lego League (FLL), and is signing its first global sponsorship agreement. Three young promising engineers are making the final adjustments of the lego robot before the starting shot is fired. They are competing in mathematics and technology, and they are having a great time. “We hope [...] Europe can meet its 2050 ambition of reducing its CO2-emissions by 80 per cent compared to 1990, in a faster and more cost-efficient way if natural gas plays a significant part in the energy mix going forward. In a report initiated by a group of experienced gas players in Europe and [...]  Statoil and Siemens have signed a technology development cooperation agreement. The partnership will initially embrace wind power, subsea technology, electrical engineering technology and energy efficiency measures. Cooperation between the companies facilitates the development of future path-breaking technology. Based on complementary user needs and technological opportunities we aim at developing technological solutions that contribute to [...] Statoil has resolved to concentrate even more strongly on offshore wind turbines as part of its strategy for renewable energy. This decision reflects the strong international growth in this segment, combined with the group’s unique offshore experience from the oil and gas industry. As part of its commitment to marine turbines, the group [...]  A collaboration project between Pemex and Statoil for reducing gas flaring at the Tres Hermanos oil field in Mexico has now been registered under the Clean Development Mechanism (CDM) in United Nations (UN). This is the result of a joint effort between Mexican state oil company Petróleos Mexicanos (Pemex) and Statoil to cut CO2-emissions [...]  Professor Curtis Hays Whitson has been awarded Statoil’s research prize 2010 for his major input to boosting knowledge about recovery of gas and gas condensate fields and improved recovery of oil fields by the use of gas injection. Consisting of NOK 200,000 and a work of art by Håkon Gullvåg the prize was presented [...]  Statoil and Nautical Petroleum have today signed an agreement whereby Statoil will acquire 20.67% of Nautical Petroleum’s interest in UK offshore license P335 containing the Mariner field. This strengthens Statoil’s position as operator, and together with its 81.6% in Bressay gives Statoil a more aligned equity interest in the region. Statoil’s share in Mariner [...] |
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