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Portfolio Four Updated July, 2017

Portfolio four is almost 8 years old.  The beneficiary contributed $4000 and the trustee $8000 for a total of $12,000.  The current value is $15,082 for a gain of $3,082 or a 5% rate of return, adjusted for the timing of cash flows.   197 more words

Trust Funds

Statoil drills dry wells off Canada's Newfoundland

(Source: www.businesstimes.com.sg)

Norway’s Statoil and Canada’s Husky Energy have hit dry wells in a prospect off Newfoundland for which they had high hopes, Statoil said on Monday. 173 more words

Money Matters

Airline Norwegian named Norway's fastest growing brand

Airline brand Norwegian is Norway’s fastest growing brand with value up 78% to $853 million, a study has revealed.

Every year, leading valuation and strategy consultancy Brand Finance values the brands of thousands of the world’s biggest companies. 554 more words


FEATURE: Offshore Technology Focus - Statoil’s Gullfaks field: 30 years down, over 20 to go

Statoil’s Gullfaks field, the first ever to be both developed and operated by the company, has celebrated its 30-year anniversary. Most impressively, it is only middle aged and is expected to continue on into the mid-2030s – nearly 30 years beyond the original development plan. 482 more words

Energy And Climate Change

NEIZBĒGAMAIS / Statoil >> Circle K

Sen neesmu rakstījusi par profesionālām lietām, bet pagājušajā nedēļā man bija tā iespēja apmeklēt pasākumu (paldies, jaunajai darba vietai McCANN Riga un Kristapam Siliņam) un uzzināt, kādēļ Statoil maina nosaukumu uz Circle K un arī detaļas, kā tas līdz šim ir noritējis Skandināvijas valstīs. 756 more words


Statoil Joins U.S. – Azerbaijan Chamber of Commerce (USACC)

Statoil Joins U.S. – Azerbaijan Chamber of Commerce (USACC)

Statoil is an international energy company with operations in 30+ countries. Building on more than 35 years of experience from oil and gas production on the Norwegian continental shelf, Statoil is committed to accommodating the world’s energy needs in a responsible manner, applying technology and creating innovative business solutions. 149 more words

Latest News

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