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Major Johan Sverdrup contract award

On behalf of the Johan Sverdrup partnership Statoil will today sign a detail engineering contract for the Johan Sverdrup development with Aker Solutions.

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New quality acreage on the Norwegian continental shelf

In the Awards in Predefined Areas 2014, Statoil has been awarded interests in 15 licences on the NCS, 8 of those as operator. Today, the government has also announced the blocks in the 23rd concession round.

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Johan Sverdrup jacket contract award

On behalf of the Johan Sverdrup licence partners, Statoil is today awarding a contract to Kværner Verdal for delivery of the riser platform jacket for the Johan Sverdrup field.

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Statoil’s share saving plan allocates shares

The shares purchased by DNB on behalf of Statoil ASA (OSE:STL, NYSE:STO) on 15 January 2015 for use in the group’s share saving plan have on 19 January 2015 been distributed to the employees in accordance with their savings amount.

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Statoil US Employee Share Savings plan allocates shares

As participant in the Statoil US Employee Share Savings plan, the Statoil ASA primary insider Mr. William Maloney has on 16 January 2015 been allocated bonus shares based on participation in the program in 2012, at a share price of USD 16.48:

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Notifiable trading

On behalf of Statoil (OSE:STL, NYSE:STO), DNB has on 15 January 2015 purchased 713,771 shares for use in the group’s Share saving plan.

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Schlumberger is laying off 9,000 employees

Houston-based Schlumberger (NYSE: SLB) announced today during its fourth quarter earnings call that it will cut 8 percent of its workforce which is about 9,000 employees. 189 more words