Search results for: Statoil

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  • 22 September 2016
    Training & Education

    Statoil has awarded Petrofac with a contract for training and emergency response services to support Statoil’s UK operations. In the five-year training partnership, Petrofac Training Services will provide a wide range of HSE, survival, fire and marine training services to support Statoil’s personnel working on the Hywind and Dudgeon offshore wind projects, as well as the Mariner […]

  • 7 February 2017
    Business & Finance

    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.

  • 16 October 2013

    Governor Paul R. LePage released today the following statement with regard to Statoil’s announcement to close the Hywinds Maine project:  “The Administration has been perfectly clear through the regulatory process that the term-sheet offered by Statoil was ironclad in its cost – placing a $200 million burden on Mainers by way of increasing electric costs. […]

  • 17 June 2014
    R&D, Technology

    Statoil’s floating wind turbine concept – is designed to capture wind energy offshore with minimal environmental impact. To make Hywind available in more markets and even more cost efficient, the company would like to improve assembly and installation. Through the Hywind installation challenge, Statoil is looking inside and outside the energy sector for institutions and companies, […]

  • 17 January 2017
    Business & Finance

    Statoil has agreed to divest 25% of its assets in Hywind Scotland pilot park, the world’s first floating wind farm, to Masdar.

  • 7 September 2017
    Operations & Maintenance, Wind Farm Update

    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.

  • 28 January 2013

    Norwegian energy giant Statoil has reached a milestone with their wind energy project offshore Maine’s Boothbay Harbor, writes the Associated Press. Specifically, the Public Utilities Commission (PUC) approved Statoil’s contract with utility companies after the company reduced costs of its Hywind Maine project. When completed, this USD 120 million project would have four wind turbines […]

  • 25 November 2015
    Wind Farm Update

    Statoil has awarded a contract to Isleburn Limited in North of Scotland for providing the suction anchors to the world’s first floating wind farm. Isleburn Limited, part of Global Energy Group, will provide 15 suction anchors for the Hywind pilot park to be delivered in the beginning of 2017. “The suction anchors represent important components in this […]

  • 9 February 2017
    Grid Connection, Wind Farm Update

    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.

  • 9 December 2010
    Business & Finance

    Statoil and Siemens have signed a technology development cooperation agreement. The partnership will initially embrace wind power, subsea technology, electrical engineering technology and energy efficiency measures. Cooperation between the companies facilitates the development of future path-breaking technology. Based on complementary user needs and technological opportunities we aim at developing technological solutions that contribute to more […]

  • 3 November 2015
    Authorities, Business & Finance, Grid Connection, Technology, Wind Farm Update

    Norwegian energy company Statoil has made the final investment decision to build the Hywind Scotland Pilot Park, the world’s first floating wind farm, offshore Peterhead in Aberdeenshire, after Scotland gave the project the go-ahead yesterday. The decision triggers investments of around NOK 2 billion (EUR 214 million), realizing a 60-70 percent cost reduction per MW from the Hywind demo project […]

  • 10 August 2017
    Business & Finance, Wind Farm Update

    Statoil has signed a swap agreement with innogy and SSE for equity interests in the Dogger Bank offshore wind development project.

  • 9 March 2017
    Business & Finance, Environment, R&D, Technology

    Norwegian energy company Statoil plans to direct 25% of its research funds to new energy solutions such as offshore wind, carbon capture and storage, and hydrogen by 2020. At its recent Capital Markets update, Statoil announced plans to build a material industrial position in profitable renewables and low-carbon solutions, which could potentially constitute 15-20% of the company’s […]

  • 20 October 2017
    Business & Finance

    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.

  • 9 September 2016
    Business & Finance, Operations & Maintenance, Wind Farm Update

    Statoil and Statkraft have signed a letter of intent that Statoil takes over as operator of the 317MW Sheringham Shoal offshore wind farm from January 2017. Statoil will also through this deal increase its share in the Dogger Bank projects. Statoil intends to bring its total ownership in the Dogger Bank projects from 25 per cent […]

  • 16 May 2018
    Business & Finance

    Statoil has officially changed its name to Equinor as part of a commitment to developing as a broad energy company. 

  • 8 June 2017
    Operations & Maintenance, R&D, Technology

    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.

  • 9 September 2016
    Business & Finance, Operations & Maintenance, Wind Farm Update

    Norway’s Statkraft is preparing a possible divestment of its shares in the operational Sheringham Shoal offshore wind farm, as well as the Dudgeon and the Dogger Bank projects.  The revised strategy follows the announcement in December 2015 that Statkraft would make no new investments in offshore wind. Preparations for the divestment will be carried out in […]

  • 15 March 2018
    Business & Finance

    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.

  • 9 September 2010
    R&D, Technology

    In the world’s northernmost wind farm at Havøygavlen, Statoil is to test next generation turbine technology. The innovation is a gearless turbine that promises to achieve significant reductions in operation and maintenance costs for offshore wind power. One of the biggest challenges with developing offshore wind power is the major cost involved in repairs and […]

  • 1 July 2014
    Wind Farm Update

    Statoil and Statkraft have decided to start building the Dudgeon offshore wind farm off the coast of Norfolk, UK. The project aims for full production in late 2017. When completed, Dudgeon will provide renewable energy for up to 410,000 households in the UK. The Dudgeon development will now move into a new phase, starting with […]

  • 16 February 2016
    Business & Finance

    Statoil has today launched Statoil Energy Ventures, a fund through which the Norwegian energy giant plans to invest up to USD 200 million in renewable energy projects in the next four to seven years. Potential investment themes include offshore and onshore wind, solar energy, energy storage, transportation, energy efficiency and smart grids. The fund will take direct […]

  • 11 June 2015

    In a meeting in the Corporate Assembly of Statoil ASA on 9 June 2015 Øystein Løseth was elected as new chair and Roy Franklin as a new member and deputy chair of Statoil’s board of directors. Chair of the board Svein Rennemo and board member Jim Mulva had in advance informed the nomination committee that […]

  • 27 June 2011
    Business & Finance

    Statoil signed on Friday 24th June two agreements for the sale of the major part of Statoils onshore wind power activities in Norway. Statoil, through its subsidiary, signed an agreement for the sale of all of Statoil 50% of Sarepta Energi as to Trønder Energi Kraft AS. Another agreement was signed for the sale of […]

  • 25 April 2016
    Business & Finance, Wind Farm Update

    Germany’s E.ON and Norwegian energy company Statoil have teamed up on a EUR 1.2 billion project to build the 385MW Arkona offshore wind farm in the German waters of the Baltic Sea. Statoil will have a 50-percent stake and will be involved in the project from the start. E.ON, the holder of the remaining 50% stake, will have […]

  • 2 November 2015
    Authorities, Wind Farm Update

    The Scottish Government has granted a marine licence to Statoil for the construction of Hywind Scotland project, the world’s largest floating offshore wind development. The pilot park will comprise five floating 6MW turbines installed approximately 25km off the coast of Peterhead, with a generating capacity of 135GWh of electricity each year. It is expected that the Hywind Scotland […]