Norway
Shaping The Future Established in 1894 in Germany for drilling and mining potassium salt, Wintershall started the oil production in 1930 and joined the chemical group BASF in Ludwigshafen as a wholly-owned subsidiary in 1969. Based in Kassel, Germany, Wintershall is the largest German crude oil and natural gas producer and operates the largest network of pipelines […]
IFP Energies Nouvelles sees CAPEX to grow by 13% Based in Paris, France, the Institut Français du Pétrole et de Energies Nouvelles (IFP Energies Nouvelles) published on October 8th its last survey about the capital expenditure in the exploration and production and in refining. Published every year this survey gives an overview of the main […]
Statoil’s vision stands in “Crossing Energy Frontiers” Statoil ASA is a public limited liability company established under the laws of Norway, thus Statoil is subject to the provisions of the Norwegian Public Limited Companies Act. Statoil has global operations and working interests in 41 countries and territories with a Market Leadership on the Norwegian Continental Shelf NCS. Founded in as the […]
From an Oil and Gas company to the Energy Company Total S.A. (Total) is a limited company, established in France in March 1924, and listed on Paris , London, Brussels and New York Exchanges with operations in more than 130 countries and 96,000 employees. Under different brands, Total, Elf, Elan, AS24, Total is the first largest […]
Skrugard and Havis confirm Barents Sea potential Statoil and its partners ENI from Italy and Petoro AS (Petoro), the Norway State-owned company, discovered in Skrugard and Havis reserves going far beyond their expectations. Under the license PL 532, Statoil and its partner share working interests in Skrugard and Havis as following: – Statoil 50% and […]
Definition Petoro AS is a Norway State wholly-owned company in charge of the Norwegian Continental Shelf (NCS) oil and gas assets management Comments Petoro AS (Petoro) is the licensee of the Norwegian State’s Direct Financial Interests (SDFI) representing the assets of the NCS, while Norway as a State is the owner of these assets. Petoro […]
Statoil awards on time Mariner and Bressay FEEDs Statoil awards Front End Engineering and Design (FEED) contracts to develop the $9.6 billion capital expenditure Mariner and Bressay according to plan. Mariner and Bressay are very similar projects to produce ultra heavy crude oil, offshore on the North Sea shallow water of the UK Continental Shelf (UKCS) but with different working interests. In Mariner: – Statoil owns 61.5% […]
Cosco to build Sevan-designed cylindrical Dana FPSO The UK-based Dana Petroleum (Dana), a subsidiary of the Korea National Oil Corp (KNOC), and its partner Cieco (Itochu Oil Exploration Corp. LTd), awarded to the Chinese Cosco Shipyard Group (Cosco) the engineering, procurement and construction (EPC) contract for its Western Isles Floating Production Storage and Offloading (FPSO) unit. […]
