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COPENHAGEN (Dow Jones) –Danish industrial conglomerate A.P. Moller-Maersk A/S (MAERSK-B.KO) said Wednesday its oil and gas drilling services arm Maersk

STOCKHOLM–Offshore workers in Norway, western Europe’s largest oil producer and exporter, Tuesday decided not to step up a strike that has already

(Dow Jones) Norwegian oil giant Statoil ASA (STO.OS) Tuesday said it was closing another four oil platforms due a strike by offshore workers that started

OSLO (Dow Jones) –Norwegian oil giant Statoil ASA (STO) has said it will lose about 115 million kroner ($19 million) a day due to a strike by offshore

OSLO (Dow Jones) –Norwegian oil giant Statoil ASA (STO) said Thursday it expects global oil demand to peak at 103 million barrels a day around 2030,

(Dow Jones) LONDON–The price-supporting trade in crude oil from the North Sea to South Korea looks set to continue in July as Statoil ASA (STO) moves

Farstad Shipping announced today the winning of charter contracts for 9 of their vessels, including two newbuild PSVs for Statoil.  Excluding options, the

Statoil and its partner Sinochem announced today their agreement to purchase the Peregrino FPSO from Maersk. The floating production, storage and offloading

Maersk Drilling announced today the ordering of a new ultra harsh, high specification jack-up rig at Keppel FELS in Singapore backed by a four-year-contract

It’s a huge day for a trio of offshore drillers selected by Statoil.  KCA Deutag, Odfjell Drilling and Archer have been awarded NOK 30 billon in

MOSCOW -(Dow Jones)- Norway’s Statoil ASA (STO, STL.OS) signed Saturday a potential $100 billion cooperation agreement with Russian state oil company

Statoil announced today that they have awarded Aker Solutions a $1.9 billion contract involving a new type of rig, categorized “Cat-B”, destined to

SINGAPORE – EMAS AMC has successfully completed the first of several riser replacements for Statoil on the Norwegian Continental Shelf. The scope of the

MOSCOW -(Dow Jones)- Russian Prime Minister Vladimir Putin has reassured the chief executives of France’s Total SA (TOT) and Norway’s Statoil

Statoil has awarded Sevan Marine a study of the potential application of a Sevan FPSO for Statoil’s Skrugard / Havis development in the Norwegian Barents

How might you get a 45,000 ton, 193-meter long steel tube from one side of the planet to the other?  The world’s largest transport ship of course,

Technip and Aker Solutions have recently announced they both have been awarded front-end engineering design (FEED) contracts by Statoil ASA for the development

SINGAPORE (Dow Jones)–Ezra Holdings Ltd. (5DN.SG) said Monday its subsea construction division, EMAS AMC, has won a contract from Statoil (STL.OS) worth

OSLO (Dow Jones)– Norwegian oil and gas giant Statoil ASA (STO) Friday said it is introducing a new drilling rig concept for mature fields on the

Aker Solutions has been awarded a contract by Statoil to deliver replacement and upgrading of the drilling equipment and systems on the Snorre A platform in