News from Statoil

( NYSE:STO)

May 06, 2014, 19:00 ET
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Statoil starts latest Gulf of Mexico drilling campaign

Statoil (OSE: STL, NYSE: STO) announced today that it has started its latest Gulf of Mexico exploration campaign. It started drilling Martin, a...

May 06, 2014, 19:00 ET
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Statoil says 70% oil recovery is achievable

 Statoil (OSE: STL, NYSE: STO) executive vice president for its North American operations Bill Maloney said today that the company has set a...

Feb 04, 2014, 09:00 ET
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Statoil sponsors Stars Over Texas Stage and Rodeo Rockstar competition at Houston Livestock Show and Rodeo™

 As part of the company's Heroes of Tomorrow Program, Statoil will sponsor the Stars Over Texas Stage and Rodeo Rockstar competition at this...

Nov 22, 2013, 18:00 ET
Statoil signs research agreement with NASA:  From left: Lars Hoier, senior vice president, research, development and innovation, Statoil; NASA Jet Propulsion Laboratory Director Dr. Charles Elachi.   Photo credit is NASA/JPL-Caltech.  (PRNewsFoto/Statoil)

Statoil and NASA finalize research agreement

 Statoil and NASA have formed an agreement to explore a wide range of technologies to assist Statoil in the search for oil and gas exploration...

Sep 26, 2013, 05:45 ET
The Bay du Nord discovery was drilled by the semi-submersible rig West Aquarius, in approximately 1,100 metres of water. (PRNewsFoto/Statoil)

Significant oil discovery offshore Canada

 Statoil (OSE:STL, NYSE:STO) Canada and co-venturer Husky Energy have announced that the first Bay du Nord exploration well has discovered...

Aug 27, 2013, 15:00 ET
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New oil discovery offshore Canada

Statoil has made a third discovery of crude oil in the Flemish Pass Basin, offshore Newfoundland. The discovery was made on the Bay du Nord...

Aug 27, 2013, 11:13 ET
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International energy company Statoil supports Norsk Hostfest, North America's largest Scandinavian Festival, for the second year in a row

Norsk Hostfest's annual five day festival, now in its 36th year, will be held October 1-5 at the All Seasons Arena on the North Dakota State...

Jul 01, 2013, 08:00 ET
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Statoil takes over operatorship in Eagle Ford

Statoil (NYSE:STO) announced today that the company as of 1 July has assumed operatorship for all activities in the eastern part of its Eagle Ford...

Jun 26, 2013, 09:00 ET

Statoil Canada and PTTEP Canada Limited donate $1million to Calgary and area flood relief

CALGARY, June 26, 2013 /PRNewswire/ - Following the worst flooding in Alberta's history, Statoil Canada Ltd., a subsidiary of Norwegian energy...

Jun 19, 2013, 06:00 ET
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Statoil makes another oil find offshore Newfoundland

 Statoil has made a discovery of light, high-quality oil in the Flemish Pass Basin, offshore Newfoundland. Oil was encountered while drilling...

May 07, 2013, 18:30 ET
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Statoil sanctions the Julia field development in the Gulf of Mexico

Statoil and operator Exxon Mobil have decided to sanction the Julia field development in the Gulf of Mexico. The field, located approximately 200...

Mar 20, 2013, 15:30 ET
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Statoil Awarded 15 Leases in U.S. Gulf of Mexico

Statoil (OSE: STL, NYSE: STO) was the highest bidder on 15 leases in the central region U.S. Gulf of Mexico lease sale today. With the addition,...

Dec 19, 2012, 12:05 ET
Marcellus map of new acreage.  (PRNewsFoto/Statoil)

Statoil becomes operator in the Marcellus through acquisition of liquid rich acreage

"The US unconventional plays hold a substantial resource base and represent an increasingly important part of future energy supplies. Statoil is...

Jun 20, 2012, 15:03 ET
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Statoil Awarded 26 Leases in Gulf of Mexico

Statoil was the high bidder on 26 leases in the first lease sale in the Central Gulf of Mexico since March of 2010. With the addition, Statoil...

Jun 20, 2012, 09:00 ET
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Continued growth for Statoil in North America

 Statoil's oil and gas production in North America continues to show strong growth. In the last decade, Statoil's North American portfolio had...

May 14, 2012, 12:12 ET

Statoil secures rig for drilling offshore Newfoundland

CALGARY, May 14, 2012 /PRNewswire/ - Statoil has reached an agreement to use Seadrill's West Aquarius deepwater drilling rig for Statoil's...

Nov 23, 2011, 12:07 ET
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Statoil Canada Invests $1M to Grow R&D and Petroleum Education in Newfoundland

A $1 million dollar investment by Statoil Canada, matched by the Research & Development Corporation (RDC), will boost Memorial University of...

Sep 19, 2011, 12:00 ET
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Statoil Signs USD 5 Million Partnership Agreement with University of Texas

International energy company Statoil (NYSE: STO) and the University of Texas at Austin (UT) have signed an Energy Partnership agreement providing...

Apr 13, 2011, 14:00 ET
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Statoil Joins Marine Well Containment Company

Statoil has agreed to join the Marine Well Containment Company (MWCC), the independent organization set up to respond to a well control incident...

Jan 27, 2011, 08:00 ET
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Statoil Canada Oil Sands SAGD Project Produces First Oil

Statoil (OSE: STL, NYSE: STO) today announced first oil production from its Leismer Demonstration Project (LDP) after initiating steam injection...

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