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Global Oil Exploration Nears $1 Trillion - Where Are The Finds?

Thu Jul 10, 2014 3:36pm BST

* New oilfield development drop to lowest since 1999

* Global reserve replacement ratio falls steeply

* Enhanced oil recovery from mature field is partial solution… 763 more words


Tanzania’s Piri gas discovery cushions Statoil’s exploratory expenses

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Statoil’s net income for the second quarter has surged to $1.94 billion from the previous $692 million in the same period of 2013 with earnings per share up to $604 million from $222 million. 221 more words

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Swali kwa TPDC: Kwanini Makubaliano ni tofauti na Mkataba Elekezi (Model PSA)?

Baada ya kuvuja kwa Mkataba wa kutafuta na kuzalisha Gesi Asilia (PSA) kati ya Serikali kupitia TPDC na Kampuni ya Norway ya StatOil na baada ya baadhi ya wachambuzi kuhoji kuhusu mkataba huo, Shirika la TPDC limetoa maelezo yake. 707 more words

Barentshavet under angrep

3.september setter riggen “Transocean Spitsbergen” på oppdrag fra Statoil borekrona ned i havbunnen på brønnen “Ensis” 42 km, en maraton, utafor Nordkapp. Dette er det nærmeste oljeboringa har vært fjæresteinene i Norges snart 50 år gamle historie som oljenasjon! 531 more words


Norway to reap £1.6bn subsidy from UK consumers for offshore wind farm

At least 70 offshore jobs to be created as Norway’s state-controlled Statoil and Statkraft prepare to invest in 67-turbine Dudgeon project with the Government’s help. 345 more words

Technip awarded renewal of subsea services framework agreement with Statoil, Exxon Mobil & Gassco

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Technip was awarded a new framework agreement by Statoil, Exxon Mobil and Gassco for diving, subsea intervention and repair contingency services. Under the terms of this framework agreement, a replacement of an existing frame agreement held for eight years, Technip will provide these services for the next four years. 215 more words

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TPDC dismisses claims Tanzania will lose $1billion annually from gas sales

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The Tanzania Petroleum development corporation (TPDC) has dismissed a leaked document that shows that the East African country will lose $1 billion annually under a production sharing agreement between TPDC, Statoil and Exxon Mobil. 351 more words

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