Statoil ASA (STL.OL)
LONDON The world's top oil companies are back in acquisition mode, targeting smaller exploration and development firms to boost oil and gas reserves rather than the mega-mergers that followed previous slumps in crude prices.
LONDON Royal Dutch Shell has been shortlisted by the U.S. government to make a bid for an offshore wind project license in the waters off North Carolina, as it comes under pressure from shareholders to diversify into green energy.
* Baker Hughes and Schlumberger will be awarded contracts for integrated drilling and well services on Cat J rigs Askepott and Askeladden
OSLO/LONDON, Jan 10 Norway's Statoil said on Tuesday it expected to gradually resume flights of Sikorsky S-92 helicopters it uses to transport offshore workers, after all flights were stopped earlier in the day for safety checks.
OSLO, Jan 10 Statoil would resume gradually its Sikorsky S-92 helicopter flights offshore Norway after urgent safety checks on Tuesday, a spokesman said.
OSLO, Jan 10 Norway's Statoil said oil production was not impacted after the firm grounded all its Sikorsky S-92 helicopters used to transport offshore workers after an alert note from Sikorsky Aircraft Corp, a unit of Lockheed Martin Corp, was issued on Tuesday.
OSLO Norway's Statoil is considering whether to end its costly search for oil and gas in the U.S. Gulf of Mexico, the company's exploration chief told financial daily Dagens Naeringsliv (DN) on Friday.
OSLO, Jan 6 Norway's Statoil is considering whether to end its costly search for oil and gas in the U.S. Gulf of Mexico, the company's exploration chief told financial daily Dagens Naeringsliv (DN) on Friday.
OSLO Norwegian state-controlled oil company Statoil will not resume using Airbus's H225 Super Puma helicopters even if Norway's Civil Aviation Authority decides to lift a ban imposed after a fatal crash off Norway in April, the company said on Tuesday.
OSLO The balance between demand and supply in the oil market will shift earlier than previously expected due to OPEC's output cuts, with prices heading towards $60 a barrel next year, Statoil's chief executive said on Tuesday.