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News Breaks
June 27, 2014
08:18 EDTSTOAker Solutions wins five-year contract from Statoil
Aker Solutions secured a contract from Statoil to provide maintenance and modifications services for the Mariner oilfield development in the U.K. North Sea. The five-year framework agreement also has extension options for a total of four years. Aker Solutions' Aberdeen operations will manage the contract work. Aker Solutions will deliver the maintenance planning system in the pre-operations phase of the development, as well as support services during the hook-up and commissioning phase. The contract includes maintenance and modifications services after the field is set to start production in 2017. Both parties agreed not to disclose the contract value.
News For STO From The Last 14 Days
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January 29, 2015
06:58 EDTSTOGE partners with Statoil on anti-pollution research, FT says
General Electric (GE) and Norway's Statoil (STO) are launching an R&D partnership centered on reducing greenhouse gas emissions, reports the Financial Times, citing statements by Statoil CEO Eldar Sætre and GE Oil & Gas CTO Eric Gebhardt. The companies are also looking at ways of reducing costs and natural resource expenditure within the industry, believing regulations will be tightened in the future. Projects include using oilfield gas to power drill rigs rather than flaring it off, using liquid carbon dioxide instead of water during fracking operations, and crowd-sourcing ideas for using less sand during fracking. Reference Link
January 27, 2015
10:00 EDTSTOOn the Fly: Analyst Downgrade Summary
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06:35 EDTSTOStatoil downgraded to Underperform from Neutral at Credit Suisse
January 23, 2015
07:08 EDTSTONorwegian Statoil seeks to cut costs as oil prices drop, WSJ says
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January 16, 2015
10:01 EDTSTOOn The Fly: Analyst Downgrade Summary
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08:29 EDTSTOStatoil downgraded to Underweight from Neutral at JPMorgan
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