Crowning glory: The last of three modules being lifted into place on our Johan Sverdrup drilling platform in Klosterfjord, before it was moved to Haugesund for completion in summer 2018 by our contractors, Aibel. Crane vessel Thialf lifted the modules on board the platform, which when finished will tower 147 metres high and weigh 22,000 tonnes.
In this article for Norwegian national daily Aftenposten, Statoil CEO Eldar Sætre explains how the company is putting its weight behind the Paris Agreement and seizing the opportunities presented by changes in global energy markets. “We must be part of the response to the challenges facing the world,” he says.
This year marks ten years since the merger between Statoil ASA and Norsk Hydro’s oil and gas operations. We have taken a brief look back at the merger—the lead-up and reasons for it—and where Statoil stands today.
Statoil and partners have made an oil discovery in the Verbier sidetrack well in the outer Moray Firth on the UK Continental Shelf, proving a minimum of 25 million recoverable barrels of oil in the immediate vicinity of the wellbore.
The challenges of tomorrow need solutions. What better way of exploring the possibilities than challenging the heroes of tomorrow? We invited children and youth to think outside the box, and the results were not only useful, some of them will make you laugh!
Statoil is an active player in many of the most important oil and gas provinces in the world, and our international developments are expected to account for most of our future production growth. Much of the expertise and technology we take with us abroad has been shaped in the challenging environment of the Norwegian contintental shelf.