Tags » Statoil

SONG-NO: Initiation (BUY, TP 47)

We initiate coverage of Songa Offshore with a BUY recommendation and target price of NOK 47

Songa Offshore has an EV/M.cap of 6.2 (implied 16% equity ratio) and has four modern rigs on long-term contracts to Statoil until 2022/24 (three vintage rigs are stacked). 83 more words

Oil Services

Long Island fishing industry mounts legal opposition to proposed wind farm

By Chris Peraino and Joseph Caccavale

The local Long Island fishing industry is prepping a legal case against the U.S. Bureau of Ocean Energy Management (BOEM) to halt an impending lease of a wind farm 11 miles off the coast of Jones Beach. 672 more words

Statoil farms in to new Tanzania gas licence

Norwegian energy producer Statoil has acquired a 12% working interest in the Block-6 licence offshore Tanzania from operator Petrobras Tanzania Ltd.

Block-6 covers 5,549 square kilometres in the Mafia basin offshore Tanzania, with a water depth of 1,800 metres. 88 more words

February 2017

Statoil looks to Newfoundland offshore after selling off all oilsands assets

A week after Statoil sold off all its assets in Alberta’s oilsands, it looked eastward, to Newfoundland’s offshore.

There, the Norwegian energy giant saw opportunity in the North Atlantic, announcing this week plans to drill two offshore exploratory wells this summer in the Flemish Pass Basin, roughly 500 kilometres east of St. 521 more words

Money

"It ain't that easy, being green."

Sitatet over stammer fra Kermit, en av karakterene i Sesam Stasjon og The Muppets, men har egentlig ingen annen relevans til finans annen enn at det passer bra når en ser på det såkalte “grønne skiftet” og fornybar energi. 643 more words

Sektortanker

Sareptas krukke?

Uansett hvor stor avkastningene er, så er Statens Pensjonsfond Utland(SPU) i stadig sterkere grad avhengig av verdiskapinga, profitten og avkastninga som arbeiderklassen og fattigbønder utafor Norge skaper. 1,099 more words

Rødt

Three interesting geothermal internship positions with Statoil in Norway

Three interesting geothermal internship positions with Statoil in Norway

http://bit.ly/2i0tuyz

Norwegian energy and oil giant Statoil is seeking to fill three interesting internship positions.

Three summer interns shall work in a project group to investigate a concept for offshore production of electricity from high temperature geothermal resources.  147 more words