Statoil: Anders Opedal Appointed COO
Anders Opedal is appointed executive vice president and takes on a new position as chief operating officer (COO) in the corporate executive committee (CEC) on 1 April. Opedal will be responsible the corporate improvement programmes and for driving operational efficiency across Statoil‘s business areas. “I am pleased to announce that …
Statoil: Looking for Heavy Oil Drilling Clearance
Statoil ASA plans to drill four wells in Russia with state oil company OAO Rosneft, targeting heavy oil fields, showing Norway’s biggest energy producer is deepening its involvement in the country against the backdrop of international sanctions. Statoil plans to drill two wells at a heavy oil pilot project in …
Weatherford Awarded Statoil Tubular Running Services Contract
Weatherford International plc announced today it has been awarded an exclusive contract with Statoil Petroleum AS valued at $400 million for the delivery of Tubular Running Services on 19 drilling units in Statoil’s portfolio. This contract has a base period of six years with the option of two consecutive two-year …
Rosneft and Statoil Start Exploration Operations on the Norwegian Continental Shelf in the Barents Sea
18th of August, Rosneft together with Norwegian company Statoil Petroleum AS started exploration operations at the Pingvin License PL713 prospect in the Norwegian section of the Barents Sea. The first exploration well Pingvin-1 will be drilled by the Transocean Spitsbergen rig. The water depth is 422 meters and the drilling …
Rosneft and Statoil Held Negotiations on Further Cooperation and Development of Joint Projects
Rosneft President, Chairman of the Management Board Igor Sechin held negotiations with Statoil CEO Helge Lund. The parties discussed joint projects on geological exploration on the Russian continental shelf in the Barents Sea and the Sea of Okhotsk, and projects on the development of Domanic deposits at the license blocks …
Tight Oil Developments in Russia
James Henderson : The Oxford Institute for Energy Studies Part 1, click here to read part 2 Introduction Production of unconventional oil has transformed the US energy landscape, creating the potential for that country to reduce its reliance on oil imports and to contribute to the possibility of North America’s …
Rosneft and Statoil CEO’s Meet to Discuss Offshore Co-operation
Rosneft President, Chairman of the Management Board Igor Sechin held a working meeting with Statoil ASA CEO Helge Lund in Norway. The parties discussed implementation of the joint projects in Russia’s Barents Sea (Perseyevsky License Area) and the Sea of Okhotsk (Magadan-1, Lisyansky, and Kashevarovsky License Areas). The two noted …
Rosneft Sums up Results of Offshore Operations in 2013
Rosneft summed up the results of its offshore operations last year. The company received licenses for 17 new offshore blocks, namely Zapadno-Matveyevsky, Zapadno-Prinovozemelsky, Russky, Severo-Pomorsky-1, Yuzhno-Prinovozemelsky, Anisinsko-Novosibirsky, Severo-Karsky, Ust-Lensky, Ust-Oleneksky, Severo-Vrangelevsky-1, Severo-Vrangelevsky-2, Yuzhno-Chukotsky, Albanovsky, Varneksky, Vostochno-Sibirsky, Vostochno-Pribrezhny, and Amur-Limansky ones. Another two offshore blocks were awarded to Rosneft upon discovery. …
Rosneft and Statoil Move Forward With Shale Oil Cooperation in the Samara Region
Rosneft and Statoil today signed the Shareholders and Operating Agreement for a joint venture to assess the feasibility of commercial production from the Domanik shale formation. The document was signed Igor Sechin, President ofRosneft, and Helge Lund, Statoil CEO. This is another significant step forward following the Heads of Agreement …
NADL: Partnership Discussions on Hold, Filing for NYSE Listing
North Atlantic Drilling Ltd. and Seadrill Limited announced on August 15, 2013 that the companies were actively engaged in specific discussions with the potential to bring in a strategic partner as a major owner in NADL. The parties have made solid progress in these discussions but have not yet been …