Statoil and Petrobras strengthen strategic partnership in Brazil

by Timothy Reeder | Sep 1, 2016 | News

Statoil and Petrobras took a step forward in strengthening their cooperation in Brazil by signing a Memorandum of Understanding (MoU). The intention of the MoU is to evaluate joint participation in future tenders for exploration areas and to increase upstream...

Barents – we must explore to find

by Timothy Reeder | Sep 1, 2016 | News

Statoil aims to conduct a major exploration campaign in several parts of the Barents Sea in 2017. The company is also strengthening its position in the area through several transactions with other companies. “We have worked systematically on developing an exploration...

Gazprom and Edison discuss southern route of Russian natural gas supplies to Europe

by Timothy Reeder | Sep 1, 2016 | News

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Marc Benayoun, Executive Vice President of EDF and Chief Executive Officer of Edison, took place today in Milan. The meeting was focused on arranging the southern route...

BP signs second Chinese shale gas contract with CNPC

by Timothy Reeder | Sep 1, 2016 | News

BP today announced that it has signed a second production sharing contract (PSC) for shale gas exploration, development and production with China National Petroleum Corporation (CNPC). The PSC, signed on 27th July, covers an area of approximately 1,000 square...

Geochemical surveys launched at Kovyktinskoye field

by Timothy Reeder | Aug 29, 2016 | News

Gazprom Geologorazvedka has launched geochemical surveys at the Kovyktinskoye gas and condensate field located in the Irkutsk Region. The surveys are aimed at exploring the geological structure of the Kovyktinskaya gas accumulation area and specifying its boundaries,...

Increasing the value of Johan Sverdrup

by Timothy Reeder | Aug 29, 2016 | News

Quality in planning, project execution and improvement work increases the value of Johan Sverdrup. Since the plan for development and operation (PDO) of the Johan Sverdrup field was approved by Norwegian authorities, Statoil has cooperated with partners, authorities...