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Stock Market & Financial Investment News

News Breaks
June 18, 2014
05:42 EDTSTO, HELIStatoil awards Mariner helicopter contract to CHC UK
Statoil (STO) awarded the helicopter transportation contract for the Mariner field to CHC Helicopter (HELI) in the UK. The contract calls for CHC to operate two Sikorsky S-92 aircraft on behalf of Statoil. The helicopters will fly from Aberdeen or Sumburgh on the Shetland Isles to the Statoil operated Mariner field, 250 kilometers off the northeastern coast of Scotland. The contract has a duration of five years, plus an extension option for up to three years. The service is anticipated to begin in mid-2016.
News For STO;HELI From The Last 14 Days
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March 24, 2015
07:36 EDTSTOWhiting tumbles as stock offering dampens takeover speculation
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March 20, 2015
07:31 EDTSTOOneSubsea delivers first subsea multiphase compressor to Statoil
OneSubsea, a Cameron (CAM) and Schlumberger (SLB) company, has delivered the world's first subsea Multiphase Compressor to Statoil (STO) for the Gullfaks South field in the North Sea. The subsea multiphase compressor enables boosting of unprocessed wet gas production fluids, while eliminating the need for an upstream separation facility or an anti-surge system, making it the industry's only true wet gas compressor. It is expected to increase the recovery rate for the Gullfaks South Brent reservoir by 22M barrels of oil equivalent.
March 19, 2015
05:40 EDTSTOStatoil reports annual equity production of 1.93 Mboepd in FY14
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March 18, 2015
16:15 EDTHELICHC Group names Hooman Yazhari as General Counsel, Chief Administrative Officer
CHC Helicopter has added a new member to its executive team. Hooman Yazhari started with General Counsel, Chief Administrative Officer. Yazhari is succeeding Michael O’Neill as general counsel.

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