statoil

Rosneft starts field seismic prospecting at the license blocks Lisyansky, Kashevarovsky and Magadan-1. Rosneft holds geological study at the blocks jointly with its partner Statoil ASA (Norway). Currently 2D seismic along with shipborne gravity magnetic survey are planned for the blocks. The data is to be collected by geophysical methods …

Rosneft and Statoil signed agreement on completion of several milestones under the Cooperation Agreement entered into on May 5, 2012. The agreement has been signed by Rosneft President and Chairman of the Management Board Igor Sechin and Statoil CEO Helge Lund during Saint Petersburg International Economic Forum. – Signed Completion …

Statoil and SOCAR took a step forward in strengthening their cooperation by signing a memorandum of understanding (MoU) to jointly explore and develop the Zafar-Mashal structures in the Azerbaijani sector of the Caspian Sea. The MoU was signed by Statoil chief executive Helge Lund (left) and SOCAR president Rovnag Abdullayev. …

Rosneft President and Chairman of the Management Board Igor Sechin and President and CEO of Statoil Helge Lund today signed a Declaration on Protection of the Environment and Biodiversity for Oil and Gas Exploration and Development on the Russian Arctic Continental Shelf. Acknowledging that the Arctic environment consists of ecosystems …

Rosneft and Statoil today signed Shareholder and Operating Agreements that will establish joint ventures for the four offshore Russian license areas included in the Cooperation Agreement signed by the two companies on May 5, 2012. The license areas in question are Perseevsky in the Barents Sea and Kashevarovsky, Lisyansky and …

Statoil has written off around 2 billion crowns ($336.2 million) of investment and handed back shares in Russia‘s Shtokman gas project after investors failed to meet a deadline for an agreement, but it has remained in talks over the project reported Reuters. Located in the freezing and stormy waters of the …

FMC Technologies, Inc. announced that it has signed an agreement with Statoil for the manufacture and supply of subsea production equipment to support the Gullfaks South field development. The contract has an estimated value of $200 million in revenue to FMC Technologies. Gullfaks South will be developed as a fast-track …

Rosneft and Statoil have today signed documents aimed at implementing a cooperation agreement concluded on May 5, 2012. The agreements lay out the terms of joint bidding for licenses in the Norwegian section of the Barents Sea and provide for joint technical evaluation and subsequent development of tight oil resources …

Rosneft and Statoil signed a cooperation agreement to jointly explore offshore fields in the Russian sections of the Barents Sea and Sea of Okhotsk. The agreement also covers Rosneft’s participation in the exploration of license blocks in the Norwegian part of the Barents Sea, as well as the possible acquisition …

Emerson to supply Daniel® fiscal metering systems for Statoil’s Valemon platform Emerson Process Management has been awarded a five year Framework Agreement by Statoil to provide a range of its Daniel® fiscal metering systems, as well as related products and support services. The agreement also covers on-going maintenance of existing …