statoil in A Sentence

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    Torgrim Reitan Statoil 's.

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    Statoil isn't sitting on its hands, either.

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    Halliburton Schlumberger Shell BP Statoil.

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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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    Eidesvik said on Monday that Statoil exercised a one-year option for Viking Energy.

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

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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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    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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    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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    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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    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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    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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    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% 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 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 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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    Other key projects located in Campos basin are the Petrobras operated Roncador field, where Statoil has a 25% interest**, and BM-C-33, operated by Statoil and currently in the development phase.

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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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    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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    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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    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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