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Norwegian energy firm Statoil will not drill exploration wells in the Arctic Barents Sea this year after a failed campaign in 2014, exploration chief Tim

DOF announced today it’s LNG-powered platform supply vessel (PSV) the Skandi Gamma will be working for another year under a Statoil contract that is

Statoil ASA could be forced to delay its Johan Castberg project in Norway’s Arctic waters for a third time after oil prices dropped by more than half since

Norway signaled it may cut its economic forecast for next year as a slump in oil prices threatens growth in western Europe’s biggest crude

Global oil and gas exploration projects worth more than $150 billion are likely to be put on hold next year as plunging oil prices render them uneconomic, data

Statoil has been selected to operate all phases of the giant Johan Sverdrup oil field offshore Norway, Statoil announced

With a length of 92.5 meters and a deck capacity of 1,080 m2, Rem Eir is the world's largest LNG powered PSV, according to

It’s going to cost them upwards of USD $350 million, however Norwegian energy major Statoil has decided to cancel the Stena Carron rig contract after

Norway faces more delays in offshore oil and gas projects and reduced exploration next year after the value of crude slumped by a third, according to the

Norway's Statoil risks millions of dollars in extra costs in Canada - a test case that could spell problems for other oil firms too as coastal states extend

210 kilometers north of Hammerfest, the Transocean Spitsbergen found nothing of consequence after drilling the last of Statoil’s wildcat wells in the

For the Transocean Spitsbergen and the Songa Trym, 2014 will end mid-November. Due to overcapacity in Statoil’s rig portfolio, the company has decided

The Johan Sverdrup field holds 1.8 billion to 2.9 billion barrels of oil equivalent and is one of the five largest discoveries offshore

After 10 years at the helm of Statoil, the $77 billion Norwegian multinational oil and gas company, Helge Lund has resigned today with immediate effect. He

Transocean’s 6th generation drillship Discoverer Americas drilled into a huge gas reservoir offshore Tanzania recently according to a statement today by

Under contract to Statoil, the Transocean Spitsbergen discovered a 15 meter column of gas while drilling in the Pingvin Prospect NNW of the Johan Castberg

The Norwegian government said on Monday it would outline plans in spring next year regarding the electrification of the $20 billion Johan Sverdrup oil field in

Due to overcapacity in their rig portfolio, Statoil announced today they will be laying up the COSL Pioneer in the fourth quarter of 2014. The COSL Pioneer

Nordic Maritime announced today its 75.5 meter, 6300 ton subsea service vessel Mokul Nordic has signed a 30+15 day charter with Statoil in the North Sea.

Since Sunday, Statoil’s Troll C floating process and accommodation platform has been shut down after an inspection revealed corrosion damage to a pipe