Statoil
BP, ExxonMobil, Shell, Total in concessions race In 2013, the historical international oil companies (IOCs) BP from UK, ExxonMobil from USA, Statoil from Norway, Partex from Portugal and Total from France have been racing to at least preserve and hopefully extend in 2014 their respective concessions rights in the onshore fields of Abu Dhabi shared […]
Statoil and Chevron review costs in North Sea projects In 2013, shortly after that Norway had weighted its tax policy on oil and gas companies operating in the Norwegian North Sea, UK did the opposite and released a new tax regulation to encourage companies to explore more challenging deep offshore resources on the UK side […]
Canada to boost crude oil production 75% by 2035 According to its National Energy Board (NEB), Canada expects to increase its crude oil production 75% by 2035. In respect with the rising the demand in North America and in Asia, Canada sees the opportunity to target a volume of production of 5.8 million barrels per […]
Algeria aims to double oil & gas production in 10 years After a couple of years with no significant investments and the trauma of the In Amenas attack, the Algerian Government and its national oil and gas company (NOC) Sonatrach have decided to ramp up the oil and gas production in order to double it in the […]
Statoil and Lundin to award FEED on Johan Sverdrup Statoil from Norway, Lundin Petroleum (Lundin) from Sweden, and their respective partners, Maersk Oil (Maersk) from Denmark, Det Norske from Norway, and Petoro from Norway, are reaching the final stage of decision to award the front end engineering and design (FEED) contract to develop the giant […]
PCIC Middle-East published 2014 Technical Program The next Petroleum & Chemical Industry Conference (PCIC) Middle-East released its technical program for the next edition to take place at the Abu Dhabi InterContinental Hotel on February 3rd and 4th, 2014 in the United Arab Emirates (UAE). Organized with the support of the Petroleum & Chemical Industry Committee […]
Statoil & GDF-Suez consider platform or FPSO at Njord The Norwegian company Statoil and its partners, GDF-Suez from France, E.ON from Germany, Faroe Petroleum (Faroe) from UK, and VNG Norge from Norway, are currently investigating several alternatives to extend the lifetime of the Njord field for additional twenty years. The current Njord A semi-submersible platform […]
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 […]
