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By Mikael Holter (Bloomberg) — Statoil ASA, one of many international oil companies to slash spending during crude’s collapse, is increasing

Norwegian energy giant Statoil has been declared the provisional winner of the U.S. government’s wind lease sale of 79,350 acres offshore New York. The win

Update: The fire on board the Scarabeo 5 has been brought under control. All 106 crew are safe and accounted for. A fire broke out Tuesday in the engine

Norway’s Statoil has announced it has decided to cancel the contract with Stena Drilling for the mobile rig Stena Don. The rig has been on contract

Statoil reported a well control incident on its contracted drilling rig Songa Endurance on Saturday while at the Troll field in the Norwegian North Sea. The

by Mikael Holter (Bloomberg) Explorers in 2015 discovered only about a tenth as much oil as they have annually on average since 1960. This year,

By Jonas Cho Walsgard and Mikael Holter (Bloomberg) — Statoil ASA lowered development costs for the start-up at its giant Johan Sverdrup oilfield by $2.9

STAVANGER, Norway, Aug 29 (Reuters) – John Knight, Statoil’s executive vice-president for global strategy and business development, told Reuters on

Update: Statoil has identified the victims as coming from Halliburton, Aker Solutions, Schlumberger, Welltec, Karsten Moholt and Statoil. The two pilots are

By Mikael Holter (Bloomberg) — Statoil ASA, Norway’s biggest oil company, bought a 50 percent stake in EON SE’s Arkona offshore wind farm, entering

Italian oil company Eni Norge this week officially inaugurated its Goliat oil field in Norway, marking the first oil field to come on stream in the

By Jessica Shankleman (Bloomberg) — The highest carbon tax in an oil producing nation has persuaded Norway’s state-owned driller to experiment with

Kongsberg Maritime and Statoil have signed an agreement with Eelume, a Norwegian University of Science and Technology (NTNU) spin-off company, to develop

Statoil has published the annual sustainability report and the payments to governments report for 2015. The company delivered annual equity production of 1.971

Norwegian oil major Statoil has decided to terminate its contract for the charter of the semi-submersible rig COSL Innovator, as well as suspend drilling

Norwegian oil major Statoil has announced the start of construction on the first of four topside units for the giant Johan Sverdrup oil field offshore Norway.

By Mikael Holter (Bloomberg) — Norway’s Arctic ambitions just got a $7 billion boost from Statoil ASA. Norway’s largest oil company was able to halve

One person has died and two other were injured on Wednesday after a large wave hit a semi-submersible drilling rig operating in the North Sea. Statoil

Norwegian oil major Statoil has decided to terminate its contract with Transocean for the ultra-deepwater drillship Discoverer Americas over

By Jonathan Saul and Ole Petter Skonnord (Reuters) LONDON/OSLO Norwegian companies that provide supply ships and drilling rigs to the global oil industry face