Will Blockchain Become the New Operational Backbone in Energy?
Energy companies are looking to distributed ledger technology—otherwise known as blockchain—to help navigate the complex transactional systems that make up their operations. What is blockchain, and what makes it valuable to our industry?
Statoil, ABB Among Companies Pushing Integrated Operations Initiatives
Statoil’s integrated operations center on the Norwegian continental shelf is one of several initiatives operators and service companies have set in motion to improve condition monitoring and maximize production on their assets.
Norway’s Record Offshore License Award Attracts Major Operators
The company’s 31 licenses highlight a record-high total awarded during the latest APA round, which is aimed at developing mature areas of the NCS.
Norway Confronts Leading-Edge E&P Issues
Optimism is slowly returning to the Norwegian E&P sector and an upcoming seminar will address the most vital issues facing the industry.
Statoil Plans Leaner, $6-Billion Arctic Project
Statoil has submitted a long-awaited development plan for what will become Norway’s northernmost development.
CERAWeek: Statoil, Petrobras CEOs Discuss Leadership Challenges in Difficult Environments
The CEOs of Petrobras and Statoil discuss the challenges their companies face in enacting economically and environmentally sound operational policies.
Statoil Gets a Jump on Offshore Costs
One of the latest offshore innovations from Statoil is nothing flashy, which is the point. A drawing shows a plain, steel jacket, standing in water 110 m deep, topped with a flat metal deck.
New Drilling Methods Add to Troll’s Life Span
The Troll field is one of the largest gas producers discovered off Norway, but ensuring its long-term future required finding ways to drill wells in an increasingly fragile formation to develop its rich oil reserves.
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