Bids signal long-term engagement in Canadian offshore for Statoil.
Statoil and nine other IOCs met to discuss strategies aimed at reducing greenhouse emissions
Statoil will exit 16 Statoil-operated leases, and its stake in 50 leases operated by ConocoPhillips, all in the Chukchi Sea.
Bids signal long-term engagement in Canadian offshore for Statoil.
Statoil plans to seek out new business opportunities in the MENA region.
Statoil has been awarded six licensing options in Ireland’s 2015 Atlantic Margin Licensing Round as the country sees strong demand for licenses despite low oil prices.
Norway's Statoil has entered into an agreement with Lundin Petroleum to divest its entire 15 per cent interest in the Edvard Grieg field offshore Norway for an increased shareholding in Lundin Petroleum.
Move follows Statoil's takeover of operations on three drilling rigs in Eagle Ford.
Industry's star CEO Helge Lund seen as saviour for BG Group amid company's struggle to boost output and streamline operations.
Norway's Statoil has completed a 19-month exploration drilling programme offshore Newfoundland that resulted in two oil discoveries.
Move follows Statoil's takeover of operations on three drilling rigs in Eagle Ford.
Statoil on Saturday said that that a fourth member from a group of five missing employees had been confirmed dead following the In Amenas attack gas plant attack on January 16.
UK's Wood Group has been awarded a master services agreement by Norway's Statoil to support the life cycles of its offshore and onshore facilities.
UK's Wood Group has been awarded a master services agreement by Norway's Statoil to support the life cycles of its offshore and onshore facilities.
Statoil to lead exploration effort for commercial viability of shale gas at Timissit permit in onshore Illizi-Ghadames Basin.