Norwegian North Sea

Statoil and ExxonMobil accumulate discoveries in Tanzania Block-2

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Statoil celebrates Mdalasini-1 – Block-2 eighth success The Norwegian national oil company (NOC) Statoil and its partner the international oil company (IOC) ExxonMobil scored their eighth discovery in the Block-2 offshore gas fields concession in Tanzania on the East Africa. Following the successful discoveries of large gas fields in Mozambique, the East Africa coast is delivering …

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Statoil to prepare new upgrade in Norway Mongstad Refinery

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Foster Wheeler won Statoil Mongstad feasibility study The national oil company (NOC) Statoil ASA (Statoil) sanctioned a feasibility study contract to the Swiss-based engineering company Foster Wheeler to upgrade the Mongstad Refinery in Norway. Norway is hosting two refineries, in Mongstad operated by Statoil and in Slagen owned by ExxonMobil. Located on the Norwegian west coast …

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Chevron and Wintershall join Statoil and ExxonMobil in Badger Explorer

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Majors develop cutting-edge subsea drilling technology On February 2013, the German Wintershall oil and gas company has decided to follow Chevron example in taking shares in the subsea drilling innovative company Badger Explorer aside its key stakeholders ExxonMobil and Statoil. With the ambition to increase its footprint in the offshore exploration and production in the …

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Statoil goes for execution with Aasta Hansteen offshore project

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Hyundai Heavy Industries books $1.1 billion Topsides  Statoil and its partners, OMV from Austria and ConocoPhillips from USA made the final investment decision (FID) and awarded the topsides, the most critical package, of the Aasta Hansteen project to Hyundai Heavy Industries. Previously named Luva, the Aasta Hansteen is located 300 kilometers offshore Norway by 1,300 …

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Aker and CB&I design $5.6 billion Spar for Statoil Aasta Hansteen

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Statoil, ExxonMobil and ConocoPhillips rename Luva project into Aasta Hansteen During the concept selection Statoil estimated the development capital expenditure in the Aasta Hansteen field  (formerly named Luva) at some $5.6 billion (NOK 34 billion). With a total hull weight of 45,000 ton, a length of 193 meters and a draught of 170 meters, the Aasta …

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“SPAR”

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 Definition SPAR is the acronym for Single Point Anchor Reservoir (SPAR). This descriptive definition refers to a floating system with infield flow lines and associated subsea infrastructure to connect the subsea production and injection wells. Comments From design perspective a SPAR is a cylindrical, partially submerged offshore drilling and production platform that is particularly well-adapted …

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Norway approved Total $4.2 billion Martin Linge project

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Total lowers Carbon Footprint with Power from Shore Previously called Hild, the Martin Linge development belongs to Total E&P Norge AS (51%), the operator, Petoro AS (30%) and Statoil Petroleum AS (19%). End of March, the Norwegian Government approved the development plan for the Martin Linge oil and gas field. Total capital expenditure is estimated to $4.2 …

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Rosneft and Statoil sign for Barents & Okhotsk Seas Exploration

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After ExxonMobil and ENI, Rosneft extends its domino strategy to Statoil Rosneft and Statoil signed a cooperation agreement to jointly explore offshore and onshore fields in the Russian sections The cooperation agreement also provides Rosneft with an opportunity to acquire interests in selected Statoil exploration licences and assets in the North Sea as well as …

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