Statoil

BP to deal with Rosneft, despite sanctions

British Petroleum is not going to follow the example of ExxonMobil and refuse joint exploration and development projects with Rosneft.

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Statoil to work with Rosneft on Arctic shelf instead of ExxonMobil

The withdrawal of ExxonMobil from joint drilling projects with Rosneft will not stop operations on the Arctic shelf of Russia, as a number of companies express their readiness to cooperate in this

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Oil production at the ACG block was conducted from 115 wells in 2017

Oil production at the Azeri-Chirag-Guneshli (ACG) block in 2017 was carried out from 115 production wells, the press service of the Azerbaijan International Operating Company (AIOC-operator for the

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SOCAR and Statoil can sign an agreement on the Karabakh field in 2018.

Already in 2018 the Azerbaijani state-owned SOCAR and Norway's Statoil might sign an agreement on the development of the Karabakh oil and gas field, Vitaliy Beglyarbekov, the Deputy Vice-Presid

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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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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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