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Located in the cold Norwegian waters north of the Arctic circle in waters 1300 meters deep, a huge spar platform named the Aasta Hansteen will be installed in

By Balazs Koranyi OSLO – Lying at the bottom of a giant water-filled pit in western Norway, a thousand-tonne gas compressor is humming along, going

Statoil ASA, Norway’s biggest oil and gas producer, will invest more than $7 billion in its Mariner project, the largest offshore development in the U.K.

OSLO–Statoil ASA (STO, STL.OS) evacuated 336 people by helicopter from a housing platform in the Norwegian Sea in rough weather with gale force winds,

Workers on board the Floatel Superior operating on the Norwegian Continental Shelf had a rude awakening on Wednesday when they were forced to muster at their

OSLO–The Norwegian oil and gas company Statoil ASA (STO) said Wednesday that the May 26 gas leak on the Heimdal field in the North Sea was serious, and

Three contracts worth a total of NOK 9.17 billion (USD $1.6 billion) were signed today by Statoil and its partners for use of the semisubmersible drilling

Norwegian energy conglomerate Statoil signed a letter of intent yesterday with South Korean shipyard Samsung Heavy Industries for the construction of a new

Malaysian tanker owner and operator AET, announced today they have entered into a long-term contract with Norwegian energy giant Statoil ASA to operate two

http://www.youtube.com/watch?v=6rLidO4r2S4 Statoil’s Senior VP of Corporate Climate, Hege Marie Norheim, presents an interesting look at the push toward

Via ABB Communications Recently acquired by the Statoil group, FPSO Peregrino was converted from a very large crude carrier (VLCC) to a floating production,

STOCKHOLM–Norwegian oil and gas company Statoil ASA (STO) said Tuesday it is stepping up its exploration in the Arctic by drilling nine wells in the

(Bloomberg) — Norway needs to simplify rules for offshore oil rigs and reduce labor costs to support efforts to increase oil and gas production in

Statoil ASA, Norway’s state- controlled oil company, is seeking permission to build a wind farm with floating turbines off the U.S. Atlantic coast.

Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder and a leading offshore facilities contractor, announced that it was awarded a Letter of

Statoil has awarded Technip a letter of intent for construction of the hull for the world’s largest Spar platform on the Aasta Hansteen field. This will

(Bloomberg) — Norway’s government ended a 16-day dispute between offshore oil and gas workers and their employers, averting a lockout that had

STOCKHOLM–No new meetings have been scheduled between parties in the Norwegian oil strike, and a costly shutdown of all production in Western

(Dow Jones) The Norwegian government Friday urged oil unions and companies to continue their negotiations in a bid to resolve a 13-day-old strike that is

STOCKHOLM–Oil and gas giant Statoil ASA (STO, STL.OS) and other companies represented by Norway’s Oil Industry Association have threatened to