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Statoil and partners to reduce Johan Sverdrup field development costs amid low oil prices
2016-01-18 01:00:00| Offshore Technology
Statoil and partners have announced plans to reduce development costs of the Johan Sverdrup oilfield in North Sea, Norway, by more than 10% due to a decline in oil prices.
Tags: low
development
field
prices
Norway's Statoil Buys Minority Stake in Lundin Petroleum
2016-01-15 01:58:44| Appliances - Topix.net
Statoil ASA, Norway's biggest energy company, bought a 12% stake in Lundin Petroleum AB, increasing its exposure to the giant Johan Sverdrup field. The Norwegian oil producer bought about 37 million shares in the Stockholm-based company, Statoil said in a statement on Thursday.
Tags: minority
petroleum
buys
stake
Statoil acquires minority stake in Lundin Petroleum for $539m
2016-01-15 01:00:00| Offshore Technology
Statoil has acquired 11.9% of the shares in Sweden-based Lundin Petroleum in a deal worth Skr4.6bn ($539m).
Tags: minority
petroleum
stake
acquires
Statoil buys 11.93% stake in Lundin Petroleum
2016-01-14 13:12:25| Energy - Topix.net
Through the deal, Statoil increases its share of the North Sea's giant Johan Sverdrup oil field as well as the Edvard Grieg field, where the two companies already work together. "In recent years Statoil has farmed down in certain mature assets on the NCS to realize value for new investments," the company said.
Tags: petroleum
buys
stake
statoil
Statoil buys 11.93% stake in Lundin Petroleum
2016-01-14 12:43:07| Oil & Gas - Topix.net
Through the deal, Statoil increases its share of the North Sea's giant Johan Sverdrup oil field as well as the Edvard Grieg field, where the two companies already work together. "In recent years Statoil has farmed down in certain mature assets on the NCS to realize value for new investments," the company said.
Tags: petroleum
buys
stake
statoil
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