Statoil

New oil fields in Norway to be profitable at prices of $ 30-40 per barrel.

New oil fields on the Norwegian shelf, which have been issued by the kingdom authorities in recent years, will be profitable with oil prices at $ 30-40 per barrel, according to the annual report of

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Azerbaijan to receive first tranche of the bonus for extension of the development of the Azeri-Chirag-Gunashli oil block as early as 2018

In 2018 Azerbaijan will receive the first tranche of the bonus from a consortium of foreign investors for the extension of the contract for the development of the Azeri-Chirag-Guneshli (ACG) oil fi

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As of December 1 Azerbaijan extracted 250 million tons of profitable oil from Azeri-Chirag-Gyuneshli - SOCAR

As of December 1st, 2017 the total volume of Azerbaijan's profitable oil, produced so far from the Azeri-Chirag-Guneshli (AChG) fields block, was 250 million tons, Khoshbakht Yusifzadeh, SOCAR

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SOCAR and Statoil agree on commercial principles of contracts for the development of a number of promising structures in the Caspian and the Karabakh deposit

The State Oil Company of Azerbaijan (SOCAR), and Norway's Statoil have agreed to cooperate in the exploration, development and distribution of production from a number of promising areas in the

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Norway delivers a record volume of gas to Europe.

Over the past gas year (starts in October) Norway exported to Europe a record volume of gas - 123 billion cubic meters, the senior vice president of marketing and trading of Statoil Thor Martin Anf

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SOCAR and Statoil against start discussing joint development of Dan Ulduzu, Ashrafi and Karabakh stractures

SOCAR’s head R. Abdullaev and Statoil’s vice-president for international development and production L.

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Rosneft may enter Norwegian shelf through Russian assets

Rosneft can exchange shares in Russian assets for participation in projects on the Norwegian shelf, where its main partner is the Norwegian company Statoil.

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Baku and BP extend contract on development of the Azeri-Chirag-Gunashli field to 2050.

The contract to extend the development of the block of Azeri-Chirag-Guneshli oil and gas fields (ACG) in the Azerbaijani sector of the Caspian Sea with British Petrolium (BP) was signed in Baku on

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Rosneft and Statoil sign shareholder agreement

Rosneft and Statoil have signed a shareholder agreement on Sevkomneftegaz, which develops the North-Komsomolskoye field in the Yamal-Nenets autonomous district, the RIA Novosti’s corresponden

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The pumping of Azerbaijani oil via BTC in H1 of the year decreases by 12%.

In H1 2017 the volume of Azerbaijani oil pumping via the Baku-Tbilisi-Ceyhan (BTC) pipeline amounted to 13 million 174,287 tons, which is 11.8% lower than within the same period of the last year, I

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