
Equinor Appoints Torgrim Reitan as New Chief Financial Officer
Torgrim Reitan has been appointed Chief Financial Officer and executive vice president in Equinor (OSE: EQNR, NYSE: EQNR), with effect from 6 October 2022. Reitan succeeds Ulrica Fearn who has decided to leave the company to pursue a CFO opportunity outside the company. Ulrica Fearn will be available to secure …

Equinor ASA: Statoil ASA Changes Name to Equinor ASA
Equinor ASA, the new name of Statoil ASA, was approved by the annual general meeting yesterday, 15 May 2018, and the new name has now been registered in the Norwegian register of business enterprises (Foretaksregisteret). The company’s shares will from 16 May 2018 (inclusive) be quoted on Oslo Børs with …

Statoil to Change Name to Equinor
The board of directors of Statoil proposes to change the name of the company to Equinor. The name change supports the company’s strategy and development as a broad energy company. The name Equinor is formed by combining “equi”, the starting point for words like equal, equality and equilibrium, and “nor”, …

Emerson Signs Collaboration Agreement With Statoil
Emerson has signed a collaboration agreement with leading Norwegian operator Statoil to further develop its Roxar RMS™ reservoir characterization and modeling software. The announcement is the latest in a series of partnerships between Emerson and Statoil that has spanned many years and includes high-value contracts on a number of Statoil’s …

The Azerbaijan government and co-venturers sign amended and restated Azeri-Chirag-Deepwater Gunashli PSA
This press release is issued jointly by SOCAR and the co-venturers in the ACG PSA in Azerbaijan, including BP The Azerbaijan government and the State Oil Company of the Republic of Azerbaijan (SOCAR), together with BP, Chevron, INPEX, Statoil, ExxonMobil, TP, ITOCHU and ONGC Videsh today signed the amended and …

Rosneft and Statoil: Sign SevKomNeftegaz Agreement for the Development of the North Komsomolskoye Field
RN-Exploration and Production LLC, Rosneft subsidiary and Statoil Russia AS, Statoil ASA subsidiary, signed the shareholders and operating agreement at the Eastern Economic Forum. The document is signed with regards to SevKomNeftegaz LLC, an enterprise that will serve as a basis for a future North-Komsomolskoye joint field development. The Document was signed in elaboration …

More Research on CO2 Reduction and Digitalisation
Statoil’s new technology strategy intensifies the company’s research on CO2 reduction and digital solutions. “Statoil wants to be in the forefront of the development in the oil and gas industry. Technology and innovation are vital to finding more resources and developing projects, while at the same time reducing costs and …

Domanik Oil AS: A Statoil Rosneft JV has Started Pilot Drilling Operations
The joint venture of PJSC “NC” Rosneft “and Statoil ASA – Domanik Oil AS (the share of” Rosneft “- 51%,’s Statoil – 49%), start drilling the first well in the framework of the exploration work on the study of hard hydrocarbon reserves Domanik deposits in the Samara region. During the …
Statoil: Swaps Edvard Grieg Field for Further 15% of Ludin Petroleum
Statoil ASA has entered into an agreement with Lundin Petroleum AB (Lundin Petroleum) to divest its entire 15 percent interest in the Edvard Grieg field for an increased shareholding in Lundin Petroleum. The transaction also includes divestment of a 9 percent interest in the Edvard Grieg Oil pipeline and a …
Rosneft: Igor Sechin and Statoil's CEO, Eldar Saetre, Hold Talks
Rosneft Chairman of the Management Board Igor Sechin held talks with Statoil ASA President and CEO Eldar Saetre. The parties discussed the progress of joint projects implementation including preparation for the drilling at the shelf of the Okhotsk Sea. Igor Sechin and Eldar Saetre noted that the cooperation between the …