Statoil

Statoil plans to explore the Norwegian Sea Gunnvald prospect in the third quarter, seeking additional resources that can be brought on stream via existing infrastructure. The probe in production licence 751 will investigate the Tofte formation, with a secondary target in the Tilje formation, both in Jurassic ...

Norwegian owner Eidesvik Offshore has been awarded a contract by Statoil for 2009-built platform supply vessel Viking Lady . The LNG-fueled vessel will commence operations with Statoil during the second quarter of 2018 for a period of four months, with a six month option. Commercial terms of the ...

Recently Statoil is presenting its Annual Report and Form 20-F for the year ended 2017, and its sustainability report. In 2017, Statoil delivered record high equity production of 2.080 million barrels of oil equivalent per day and an underlying production growth of more than 6%, driven by continued strong ...

By now you all surely already know that Statoil (STO) plans to change its name to "Equinor." The name is apparently owned by an Oslo-registered veterinarian and is a nod to equality and the company's home country of Norway. Statoil says it wants to be at the forefront of modern day energy systems and ...

The name Equinor is formed by combining “equi”, the starting point for words like equal, equality and equilibrium, and “nor”, signalling a company proud of its Norwegian origin, and who wants to use this actively in its positioning. Norman Valentine, senior vice president, corporate analysis, at Wood ...