Home / Tag Archives: statoil

Tag Archives: statoil

Hot Bakken Jobs April 19

Bakken jobs, help wanted, hiring Bakken

With spring trying to lay claim to the North Dakota landscape, there are jobs sprouting up every day in the Bakken and surrounding areas in oil and gas. If you’re interested in working in oil and gas, now is a great time to apply for a new position. Whether you’re looking for entry level work, or if you’ve got some ...

Read More »

Norwegian drilling rig owner criticized over fatal accident

Offloading outside of Ølensvåg in Norway. (Image: Maersk Drilling via Flickr)

COPENHAGEN, Denmark (AP) — Authorities in Norway say a drilling rig had breached two safety regulations when a huge wave slammed into the offshore platform’s living quarters last year, killing one and injuring four. The Petroleum Safety Authority says its investigation found the “superstructure (of the COSLInnovator) was not dimensioned to resist horizontal wave loads,” and registration of the staff ...

Read More »

Attackers fire rockets at gas facility in Algerian Sahara

Attackers fire rockets at gas facility in Algerian Sahara

ALGIERS, Algeria (AP) — Unknown attackers fired rockets at a gas facility in the Sahara Desert in Algeria on Friday, energy groups Statoil and BP said. There were no immediate reports of injuries. A local official in Algeria said the assailants fired homemade rocket launchers around 6 a.m. at the Krechba gas facility, jointly operated with Norway-based Statoil and Britain-based ...

Read More »

10 oil and gas company headquarters from around the world

The Petronas Towers in Kuala Lumpur, Malaysia, are one of the most iconic O&G company headquarters from around the world. (Image: Clark & Kim Kays via Flickr)

Superman has his Fortress of Solitude. Batman has his Bat Cave. Although they aren’t superheroes, oil and gas industry leaders do require their own, unique and often innovative space to navigate the sometimes turbulent global marketplace. Take a trip across the globe with our list below — the 10 most visually striking oil and gas company headquarters from around the world. 1. ...

Read More »

Norway’s economy shrinks in Q4, hit by low oil prices

henningsvaer-1171400_960_720

HELSINKI (AP) — The Norwegian statistics bureau says the economy shrank 1.2 percent in the last quarter of 2015, dragged down by poor performance in oil-based industries, while full-year growth at 1 percent was the lowest since 2009. Statistics Norway says the economy grew 0.1 percent in the fourth quarter, up from a flat performance in the previous quarter. The ...

Read More »

Big oil to cut investment again in 2016

Gasoline drips off a nozzle during refueling at a gas station in Altadena, California March 24, 2012. REUTERS/Mario Anzuoni

LONDON – With crude prices at 11-year lows, the world’s biggest oil and gas producers are facing their longest period of investment cuts in decades, but are expected to borrow more to preserve the dividends demanded by investors. At around $37 a barrel, crude prices are well below the $60 firms such as Total <TOTF.PA>, Statoil <STO.OL> and BP <BP.L> ...

Read More »

Statoil announces it will exit Alaska offshore exploration

cD1hMDE2NDBmOTQ2MjUyMjNiY2M3YmQwZmVkZGZkMTU5MyZnPTk1MmZhZjM1NjdlMDhkN2Y1Yzk0YmYyMzkxNWY4ZmZm

ANCHORAGE, Alaska — A second major oil company has abandoned plans to drill in the Arctic Ocean off the northwest coast of Alaska. Statoil announced Tuesday it is giving up 16 of its company-operated leases in the Chukchi Sea. The Norwegian company also is abandoning its stake in 50 Chukchi leases operated by ConocoPhillips. The company on its website said ...

Read More »