statoil's in A Sentence

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    Torgrim Reitan Statoil 's.

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    Vattenfall beat Norway's Statoil and Germany's Innogy in the tender.

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    Statoil, together with BP, presented the winning bid for blocks C-M-755 and C-M-793.

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    It's likely that Statoil's name change will have a positive impact on its reputation going forward.".

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    With the new licenses, Statoil strengthens its position in Brazil and increases synergies with current projects.

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    Once consummated, Total will control a 60 percent overall stake in North Platte, with Statoil holding the balance.

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    Statoil is a fully integrated petroleum company with production operations in thirteen countries and retail operations in eight.

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    The concept is being driven out of Norway, largely by Norway's Statoil, along with other oil majors via JIPs.

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    Statfjord was discovered by Mobil in 1974, and then Statoil, now Equinor, took over the operatorship on 1 January 1987.

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    When Wintershall Dea(then Wintershall) took over operatorship from Statoil(now Equinor) in 2013, the platform was granted a lifetime extension until 2030.

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    Statoil said on Friday it had expanded its leadership team and changed its corporate structure to reflect the company's increased focus on Brazil.

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    Since 2016, Norwegian oil and gas operator Statoil has been investing in programs to trial subsea resident vehicles, initially using existing electric ROVs.

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    The first was installed in late 2013 and early 2014 for Equinor- then Statoil- in 340 meters of water in the Norwegian North Sea.

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    In a video posted on social media, Statoil presented the switch as a way to show its determination to develop investments in renewable energy.

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    Statoil developed the world's first floating offshore wind park off Scotland and is looking to install others off countries including the United States and Japan.

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    Like other oil companies, Statoil is also benefiting from efficiencies it pushed through during the sector's downturn, when firms were forced to slash jobs, projects and investment.

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    Statoil said it expects to invest 15-20 percent of capital spending by 2030 in what it calls new energy solutions, up from about 5 percent last year.

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    Statoil shares were up 3.2 percent at 1205 GMT, making them the best performers on the European Oil and Gas Index. SXEP, which was 1.3 percent higher.

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    Statoil said it expects to invest 15% to 20% of capital spending by 2030 in what it calls new energy solutions, up from about 5% last year.

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    Statoil is also entering into a 50/50 joint venture with Polenergia to further mature these projects with Statoil being the Manager for the development, construction and operational phases.

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    Norway's Statoil plans to change its name to Equinor, reflecting its commitment to become a broad energy company rather than one focused only on oil, it said on Thursday.

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    It served us really well for 50 years, I don't think it will be the best name for the next 50 years,” Eldar Saetre, Statoil's chief executive, told Reuters.

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    Students who answered the survey after(news of) the name change found Statoil to be between 5 percent and 10 percent more attractive as an employer,” Arne Kvalsvik at Evidente said.

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    This is confirmed by the statements of a number of major Norwegian oil and gas companies- like Statoil- on a fundamental revision of their investment plans for the next 5-7 years.

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    The Norwegian earned his reputation as a leader when he oversaw Statoil's STL. OL shift from a domestic-focused state oil firm into an international major over the 10 years to 2014.

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    Statoil, which is headquartered in the port city and oil industry hub of Stavanger, has come to symbolise Norway's rise in the past half-century to one of the world's richest nations.

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    Statoil, which is headquartered in the port city and oil industry hub of Stavanger, has come to symbolize Norway's rise in the past half-century to one of the world's richest nations.

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    The award in Brazil's 15th bidding round reinforces Statoil's ambition of long-term growth in Brazil and strengthens the company's position in the prolific Campos basin, where it operates the producing Peregrino field.

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    Statoil's hope is that while there may be different vehicle solutions, that they will“plug” in to the same socket, much like we plug different devices in to the same sockets in our homes.

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    Norway's Statoil and US company Chevron Corp. have also raised their dividends over the past week, while BP was ahead of the pack by resuming share buybacks in the fourth quarter of 2017.

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