BUSINESS EDITION
Statoil Energy Ventures announces today that it has invested USD 3 million in United Wind, the leading provider of distributed wind energy leasing solutions. This is the first investment by…
Statoil has signed a farm-in agreement with Tullow to acquire a 35% working interest in offshore exploration block 15 in the Pelotas basin, deepening its position in Uruguay. “With this…
Statoil is optimising its exploration portfolio and has decided to exit Alaska following recent exploration results in neighbouring leases. Statoil is committed to optimising its portfolio, strengthening financial performance, and…
Statoil has together with partners submitted a winning bid on the A5-A block offshore Mozambique in the fifth competitive bidding round. The Eni led partnership will subsequently enter into negotiations…
Statoil has completed a farm-in transaction with ExxonMobil Exploration and Production South Africa Limited (ExxonMobil), acquiring a 35 percent interest in the ER 12/3/154 Tugela South Exploration Right. The remaining…