Statoil To Change Name to Equinor
Statoil’s board of directors proposed to change the name of the company to Equinor as of 16 March. The name change is intended to support the company’s strategy and development as a broad energy company.
Aggressive Cost-Cutting: Is it Sustainable?
Onshore development is increasing production, while investors demand greater operational efficiencies. Operators and service companies are striving to strike the balance between fiscal discipline and growing their production. How low can costs go, and for how long?
Statoil Christens NY Offshore Wind Project
Statoil selected the name “Empire Wind” for its offshore wind site located off the southern coast of Long Island, New York. The company also recently stepped into solar power in Brazil.
Statoil and Rutter Complete R&D for Improved Remote Ice Detection and Tracking
Rutter, Statoil Canada, and the Government of Newfoundland and Labrador completed a collaborative research and development (R&D) project aimed at improving offshore oil and gas operations in harsh environments with ice conditions.
New JIP Aims for Universal AUV Connection With Pinless Technology
WiSub will lead a consortium with Statoil, Kongsberg, Saab, and other companies and universities to develop a standardized interface for AUV docking with subsea structures, as well as bi-directional power transfer to help charge sensor networks.
DNV GL Carries Out First Offshore Drone Survey
The classification society's first offshore drone survey was conducted on a semisubmersible used to support Statoil's drilling operations in the North Sea.
Compression Moves from Topsides to Seabed in North Sea
After approximately 25 years of development, subsea gas compression technology has advanced to a readiness level worthy of full implementation in the North Sea.
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