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New oil resources proved in the Grane area

Operator Statoil has together with PL169 partners proved new oil resources in the D-structure in the vicinity of the Grane field in the North Sea.

IOC

Africa Oil & Gas: Tanzania To Pick Winners Of Oil, Gas Bids Before Year-End

Tanzania is in final stages of evaluating bids for oil and gas blocks it offered in its latest bidding round and plans to pick the winners before the end of this year, its upstream regulator said on Friday. 382 more words

Mozambique Oil And Gas Industry

Notifiable trading

The shares purchased by DNB on behalf of Statoil ASA (OSE:STL, NYSE:STO) on 15 October 2014 for use in the group’s share saving plan have on 17 October 2014 been distributed to the employees in accordance with their savings amount.

IOC

Global Companies Appointments: Statoil CEO Helge Lund resigns to lead LNG player BG

Statoil’s CEO Helge Lund will leave after ten years with the company to take up the position as Chief Executive of LNG player BG. “I could have continued for a period, but there is a time for everything. 179 more words

Mozambique Oil And Gas Industry

Africa Gas Discoveries: Statoil strikes gas off Tanzania

Statoil and co-venturer Exxon Mobil said that the Giligiliani-1 exploration well has resulted in a new natural gas discovery offshore Tanzania. The discovery of an additional 1.2 trillion cubic feet of natural gas in place in the Giligiliani-1 well brings the total of in-place volumes up to approximately 21 tcf in block 2. 132 more words

Mozambique Oil And Gas Industry

Notifiable trading

On behalf of Statoil (OSE:STL, NYSE:STO), DNB has on 15 October 2014 purchased 601,692 shares for use in the group’s Share saving plan.

IOC

Helge Lund leaves Statoil for BG Group as Chief Executive

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BG Group has today announces the appointment of Helge Lund as Chief Executive and as an Executive Director with effect from 2 March 2015. 435 more words

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