company:statoil asa

Booming Asian Gas Demand Ripples All the Way to Norway - Bloomberg
▻https://www.bloomberg.com/news/articles/2018-02-12/booming-asian-gas-demand-ripples-all-the-way-to-norway

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Asia’s rapacious thirst for liquefied natural gas is sucking supplies from surprising places. 

China to Japan and South Korea are paying top dollar for the super-chilled fuel. The pull is so strong that Norway’s Statoil ASA, which usually exports most of its LNG to Europe, is shipping a rare cargo east. It plans to send more.

Asia gets most of its LNG from Australia, including from the giant Gorgon project on the country’s northwest coast. Malaysia, Papua New Guinea and Indonesia are also big suppliers.

Statoil’s tanker, the Arctic Aurora, due in South Korea this week shows how the LNG market is becoming global, with more cargoes traveling long distances from the Atlantic to the Pacific region as China leads a landmark shift to burning gas instead of coal. For Statoil, it’s a chance to squeeze a little more profit from its overall gas production that’s already near full capacity.

Shell Gives North Sea Shot in Arm With Field Redevelopment - Bloomberg
▻https://www.bloomberg.com/news/articles/2018-01-15/shell-gives-north-sea-operations-shot-in-arm-at-penguins-field

Royal Dutch Shell Plc made one of its biggest commitments to the North Sea in 30 years, with plans to redevelop the Penguins oil and gas field.

The Anglo-Dutch oil major will build a floating production, storage and offloading vessel — its first new manned installation in almost three decades — to take output from eight wells it plans to drill. Peak production will be the equivalent of 45,000 barrels a day, with a break-even price of less than $40 a barrel, Shell said on Monday.

“It is another example of how we are unlocking development opportunities, with lower costs, in support of Shell’s transformation into a world class investment case,” Andy Brown, Shell’s upstream director, said in a statement.

Penguins, a joint venture between Shell and Exxon Mobil Corp., is already operational after first being developed in 2002. Oil from the field — about 150 miles (240 kilometers) northeast of the Shetland Islands — will be transported by tanker to refineries, while the gas will be sent by a pipeline to the St. Fergus terminal in Scotland.

#Penguins_Oil_Field

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carte issue d’un article sur le démantèlement du champ #Brent …
▻https://www.offshore-technology.com/projects/brent-field-decommissioning-north-sea

Big Oil Replaces Rigs With Wind Turbines - Bloomberg
▻https://www.bloomberg.com/news/articles/2017-03-23/oil-majors-take-a-plunge-in-industry-that-may-hurt-fossil-fuel

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Big oil is starting to challenge the biggest utilities in the race to erect wind turbines at sea.

Royal Dutch Shell Plc, Statoil ASA and Eni SpA are moving into multi-billion-dollar offshore wind farms in the North Sea and beyond. They’re starting to score victories against leading power suppliers including Dong Energy A/S and Vattenfall AB in competitive auctions for power purchase contracts, which have developed a specialty in anchoring massive turbines on the seabed.

The oil companies have many reasons to move into the industry. They’ve spent decades building oil projects offshore, and that business is winding down in some areas where older fields have drained. Returns from wind farms are predictable and underpinned by government-regulated electricity prices. And fossil fuel executives want to get a piece of the clean-energy business as forecasts emerge that renewables will eat into their market.

A Single Vessel Is Behind Canada’s Largest-Ever Trade Deficit - Bloomberg
▻http://www.bloomberg.com/news/articles/2016-11-04/a-single-vessel-is-behind-canada-s-largest-ever-trade-deficit

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Canada posted its largest trade deficit on record in September, a whopping C$4.1 billion ($3 billion) — and a single piece of equipment is to blame.

A heavy-load carrier arrived at Bull Arm, Trinity Bay in Newfoundland on Sept. 2, after a voyage from South Korea that began in June.

You’ll note that the 224.8 meter-long vessel had to sail around Africa rather than go through the Suez Canal, due to its size and cargo.
The Blue Marlin, as the vessel is known, was carrying a 30,000 tonne utilities and process module made by Hyundai Heavy Industries. The module, which had been under development since 2013, will be used in the Hebron offshore-oil project off the coast of Newfoundland and Labrador.

Exxon Mobil Corp. has the largest interest in this project; co-venturers include Chevron Corp., Suncor Energy Inc., Statoil ASA, and Nalcor Energy Corp. The field has been estimated to contain more than 700 million barrels of recoverable resources.

The arrival of this module helped push the imports of industrial machinery, equipment and parts up by C$2.9-billion in September, according to Statistics Canada, meaning the nation’s trade deficit excluding this increase would have totaled C$1.2 billion for the month — an even smaller gap than the C$1.7 billion deficit that economists had been estimating.

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Norway Oil Worker Talks Hold 6% of Production in the Balance - Bloomberg
▻http://www.bloomberg.com/news/articles/2016-06-30/norway-oil-worker-talks-hold-12-of-production-in-the-balance

Norway is facing the first oil worker strike since 2012 as government-mediated talks for platform workers approach a Friday midnight deadline.
Should the talks fail, more than 700 workers will walk off the job, affecting fields run by Exxon Mobil Corp., Engie SA and Wintershall as well as drilling operations at Statoil ASA. About 6 percent of the oil and gas output in western Europe’s largest producer will be halted, according to the Norwegian Oil and Gas Association.
[…]
Should a strike materialize, output at fields such as Balder, Gjoea and Vega will see production cut, according to the group. While the walkout will include KCA Deutag Drilling Norway AS employees on Statoil ASA platforms, including on Oseberg and Gullfaks, Statoil will maintain production even as drilling operations halt, Morten Eek, a spokesman for Norway’s largest oil company, said on Wednesday.

Statoil Buys Half of $1.4 Billion EON German Wind Project - Bloomberg
▻http://www.bloomberg.com/news/articles/2016-04-25/statoil-buys-50-stake-in-1-4-billion-eon-german-wind-project

Statoil ASA, Norway’s biggest oil company, bought a 50 percent stake in EON SE’s Arkona offshore wind farm, entering the German market and widening its renewable-energy portfolio as it scales back its funding for traditional fossil-fuel projects.
Statoil and EON will invest more than 1.2 billion euros ($1.4 billion) in the project, which lies 35 kilometers (56 miles) off the German island of Ruegen, the Stavanger-based company said in an e-mailed statement. Electricity production is scheduled to start in 2019 and will power as many as 400,000 households, it said. Siemens AG will supply the turbines.

#Rügen

Highest Carbon Tax in Oil Nation Prods Statoil to Try #Batwind - Bloomberg
▻http://www.bloomberg.com/news/articles/2016-04-19/highest-carbon-tax-in-oil-nation-prods-statoil-to-try-batwind

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The highest carbon tax in an oil producing nation has persuaded Norway’s state-owned driller to experiment with batteries and wind turbines as an alternative for supplying electricity to offshore rigs.
Statoil ASA is planning to park its floating Hywind turbines next to rigs, using lithium-ion batteries to store energy for times when the wind isn’t blowing, said Stephen Bull, a senior vice president overseeing the work. If it succeeds, the technology may spread to the fish-farming industry, which also has big offshore electricity needs.
The project dubbed “Batwind” is an example of innovation that governments are hoping to encourage by putting a price on the pollution that causes global warming. Norway charges as much as 436 krone ($53) per metric ton of carbon emitted for fossil fuels extracted on its continental shelf, 10 times the price of certificates in the European Union’s offset market.
It’s the “financial upside” that’s making the project more attractive financially, Bull said, whose company wants to be the world’s greenest fossil-fuel producer. “When you look at the platforms and you look at the exposure we have for power and carbon dioxide, it’s considerable.”

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UPDATE 1-Sweden’s Lundin Petroleum makes big oil find, shares surge | Reuters

▻http://www.reuters.com/article/2014/10/14/lundinpetroleum-discovery-arctic-idUSL6N0S90X020141014

Apparemment un truc énorme.

Norwegian Arctic discovery could be game changer - analyst

Lundin Petroleum shares rise 7 percent

Noreco, Det Norske shares also rise on news (Adds detail)

OSLO, Oct 14 (Reuters) - Swedish oil firm Lundin Petroleum has made a big oil and gas discovery in the Norwegian Arctic, sending its shares more than 7 percent higher and raising hopes that more oil could be found in the remote region.

Lundin Petroleum’s find in the Alta prospect contains between 125 and 400 million barrels of oil equivalent, including 85 to 310 million barrels of oil, near Statoil’s Snoehvit field and Lundin’s own Gohta find, the firm said in a statement on Tuesday.

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Statoil, Lundin Urged to Combine Billion-Barrel Arctic Finds - Businessweek

▻http://www.businessweek.com/news/2014-10-16/statoil-lundin-urged-to-combine-billion-barrel-arctic-finds

Norway urged explorers like Statoil ASA (STL) and Lundin Petroleum AB (LUPE) to combine Barents Sea oil finds of as much as a billion barrels to make them profitable as output from the nation’s aging fields has slumped by half since 2000.

Lundin’s recent Alta discovery, with as much as 310 million barrels of oil, is good news after Statoil this year again delayed the nearby Johan Castberg project over costs, Bente Nyland, director of the Norwegian Petroleum Directorate, told a conference today.

#arctique #norvège #suède #énergie Pétrole