Image - Statoil Enters German Offshore Wind Market Through Eur 1.2 Bn Project With E.ON

Statoil Enters German Offshore Wind Market Through Eur 1.2 Bn Project With E.ON

The estimated total investment for the project will be in excess of EUR 1.2 billion. The Arkona wind farm will provide renewable energy for up to 400,000 households in Germany, making it one of the largest ongoing offshore wind developments in Europe. "We are pleased to announce our decision to develop this significant offshore wind project together with E.ON. This investment is in line with our strategy to gradually complement our oil and ...

Exploration - Apr 25, 2016


Image - Statoil Awarding Contracts for Removal, Disposal and Recycling of the Huldra Platform

Statoil Awarding Contracts for Removal, Disposal and Recycling of the Huldra Platform

he Huldra field is a Statoil- operated gas and condensate field on the Norwegian Continental Shelf, North East of Bergen. The field came on stream in November 2001 and on plateau the field produced 10, 3 MSm3/day. The gas and condensate production was closed down 3. September 2014. Previously the jack up rig West Epsilon has been awarded the contract for plugging the six wells at Huldra during 2016. On behalf of the partners Statoil has now...

Oil and Gas - Apr 13, 2016


Image - The Deepwater Drilling Market Will See $32.09bn in Spending in 2016

The Deepwater Drilling Market Will See $32.09bn in Spending in 2016

This new 214 page report, now available on ASDReports, The Deepwater Drilling Market 2016-2026: CAPEX and Charter Spending for Drillships, Semi-Subs and Tender Rigs Rated Over 500m in Water Depth indicates that the deepwater drilling market will see $32.09bn in spending in 2016, including CAPEX and charter spending. The lead analyst of the report said: "Due to low oil prices and vessel oversupply, 2016 is a weak year for the deepwater drilling...

Oil and Gas - Apr 12, 2016




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