StatoilHydro
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Statoil - Den norske stats oljeselskap a.s - is one of the world's largest net sellers of crude oil, and a substantial supplier of natural gas to Europe. It ranks as the biggest retailer of petrol and other oil products in Scandinavia.
The group is the leading player on the Norwegian continental shelf, and has gradually expanded its international upstream operations in recent years. Statoil's object is, either by itself of through participation in or together with other companies, to carry out exploration, production, transport, refining and marketing of petroleum and petroleum-derived products, as well as other business. The group is responsible for managing the state's direct financial interest (SDFI) in partnerships engaged in exploration for as well as development, production and transport of oil and gas on the Norwegian continental shelf. Founded in 1972, Statoil is wholly-owned by the Norwegian state. Net operating revenue for the group in 1998 totalled NOK 107 billion. It had the equivalent of about 18,000 full-time employees at 31 December.
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Recent Articles
Samsung Heavy Industries Lands Statoil FSU Construction Contract
Friday, September 14, 2012 Samsung Heavy Industries wins a contract to build a floating storage unit that will be deployed on the offshore Heidrun field from Statoil.
Wednesday, April 25, 2012 "Dope," a thread compound used to bind together huge strings of tubular goods in O&G drilling operations, can now be replaced with safer, environmentally benign "dopeless" connection technology to eliminate related hazardous waste and more.
Monday, November 23, 2009 Technical challenges have delayed the start-up of the Hammerfest LNG plant in northern Norway. The current estimate is that production can resume in 14 days at the earliest.
Tuesday, November 03, 2009 StatoilHydro has received consent to use the Scarabeo 5 semisub for production drilling at Tyrihans.
StatoilHydro Takes New Name
Monday, November 02, 2009 StatoilHydro ASA is changing its name to Statoil ASA with effect from today, and simultaneously adopting its new visual identity.
Monday, November 02, 2009 KBR has been awarded a contract by Chevron for the front-end engineering and design (FEED) of the topsides for the proposed Big Foot development facility.
DOF Reels in ROV Subsea Service Contract from StatoilHydro
Friday, October 30, 2009 Bergen-based specialist subsea service company DOF Subsea Norway has been awarded a contract for the provision of ROV services onboard Skandi Vega by end client StatoilHydro.
Friday, October 30, 2009 BJ Services was awarded a multiyear coiled tubing services contract by StatoilHydro, covering all of its operations on the Norwegian Continental Shelf.
StatoilHydro Halts Investments in Iran in Current Climate
Friday, October 30, 2009 StatoilHydro Friday said it has no plans to make any fresh investment in Iran, and confirmed its obligations at the Khorramabad block there have ended.
Thursday, October 29, 2009 Work on a development solution for the Luva find, which lies in 1,300 meters of water in the Norwegian Sea and 300 kilometers from land, is to be continued by operator StatoilHydro.
Wednesday, October 28, 2009 Russia, the world's biggest gas producer, has invited international energy majors to help it realize its ambitions to conquer one-fifth of the global market for LNG by 2020.
ProAnalysis Strengthens Market Position in Norway
Wednesday, October 28, 2009 Since the Norwegian market launch of the Argus technology for online Oil in Water (OiW) monitoring in 2005, ProAnalysis has made numerous deliveries to its home market.
StatoilHydro to Tender Big Oil Service Contract in November
Monday, October 26, 2009 StatoilHydro will launch a big maintenance and modification contract for its Norwegian fields on the market next month.
Friday, October 23, 2009 Aker Solutions has been awarded two contracts by StatoilHydro to deliver subsea equipment to its Visund and Troll fields in the North Sea, including subsea tree number 100 for Troll.
Thursday, October 22, 2009 StatoilHydro has received consent to conduct exploration drilling in the Norwegian Sea using the Ocean Vanguard semisub.
Thursday, October 22, 2009 StatoilHydro has received consent to use Sleipner B with a waiver of conditions for use of the facility's living quarters module until January 31, 2011.
Wednesday, October 21, 2009 StatoilHydro plans to start drilling at its heavy oil field Peregrino offshore Brazil in the first half 2010 and expects first oil early in 2011.
Wednesday, October 21, 2009 Royal Dutch Shell confirmed Wednesday its Norwegian gas field Ormen Lange is on track to reach peak capacity of 70 million cubic meters a day by the end of the year.
Wednesday, October 21, 2009 ClampOn will supply subsea sand monitoring sensors to the Tordis Vigdis Controls Modification project.
Little Action for China's Oil Deals
Wednesday, October 21, 2009 It might sound as if CNOOC is busy vacuuming up the world's oil reserves, but neither the Nigerian nor Ghanaian situations look particularly promising, and the Statoil deal is just talk for now.
