Tags » Statoil

UMaine offshore wind project receives $3.7 million grant, reviving vision for offshore wind farm

The U.S. Department of Energy has awarded $3.7 million to a University of Maine-led to further research and development of offshore wind technology.

The money will help finance further development of floating turbines that could lead to a lucrative clean-energy industry in the state.

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Statoil announces it will exit Alaska offshore exploration

From Fairbanks Daily News-Miner, by Dan Joling Associated Press

ANCHORAGE, Alaska (AP) – A second major oil company has abandoned plans to drill in the Arctic Ocean off the northwest coast of Alaska. 434 more words


Buy One, Get One Free! (Not Really...But Energy Stocks Are Definitely On Sale).

OPEC’s decision to keep pumping crude thereby keeping a lid on oil prices has had a devastating effect on many players in the oil sector. 309 more words


Africa Oil & Gas: Statoil's equity share of the Agbami field in Nigeria reduced following redetermination

Statoil has received an Expert calculation of revised tract participations for the Agbami field in Nigeria. Assuming implementation, this calculation will result in a reduction of 5.17% in Statoil’s equity interest in the field from 20.21% to 15.04%. 122 more words

Mozambique Oil And Gas Industry

World's largest floating windfarm pilot project to be off the coast of Scotland

Click to enlargeØyvind Hagen/Statoil ASA

The Scottish government has granted consent for the world’s largest floating offshore windfarm to be developed off the coast of Peterhead.

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Mozambique Oil & Gas: Eni & Statoil awarded A5-A block offshore Mozambique

Statoil has, as part of an Eni-operated joint venture, submitted a winning bid on the A5-A block offshore Mozambique in the fifth competitive bidding round… 157 more words

Mozambique Oil And Gas Industry

Africa Oil & Gas: Statoil farms into ExxonMobil's Tugela South block, offshore South Africa

Statoil has completed a farm-in transaction with ExxonMobil, acquiring a 35 percent interest in the ER 12/3/154 Tugela South Exploration Right. The remaining interests are held by the operator ExxonMobil (40%) and co-venturer… 208 more words

Mozambique Oil And Gas Industry