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Statoil plans to set up a competitive portfolio including new energy solutions with a focus on offshore wind, low carbon solutions, ventures and R&D.
Statoil has agreed to divest 25% of its assets in Hywind Scotland pilot park, the world’s first floating wind farm, to Masdar.
All 67 Siemens 6MW turbines on the 402MW Dudgeon wind farm off Norfolk are now producing electricity, according to Statoil, the operator and part owner of the offshore wind farm.
Up to 6,000 homes in UK are now receiving electricity from the first producing wind turbine on the 402MW Dudgeon offshore wind farm, Statoil reports.
Statoil’s board of directors and Chief Executive Officer Eldar Sætre have agreed that Sætre remains the company’s CEO after he turns 62 in February 2018, and will not use his contractual right to retire at that age.
Statoil has signed a swap agreement with innogy and SSE for equity interests in the Dogger Bank offshore wind development project.
Statoil has chosen Ampelmann, Axtech and Largeway as the winners of the Norwegian energy company’s innovation challenge on heavy maintenance of offshore wind turbines.
Statoil has officially changed its name to Equinor as part of a commitment to developing as a broad energy company.
Statoil’s Board of Directors is proposing to change the name of the company to Equinor in support of its strategy and development as a broad energy company.