Statoil’s (OSE:STL, NYSE:STO) second quarter 2013 net operating income was NOK 34.3 billion. Adjusted earnings were NOK 38.0 billion.
“Statoil delivered an operationally solid quarter. We produced as planned, delivering record production from our portfolio outside Norway. We are on track and maintain our guidance for 2013,” says Helge Lund,…
The work, for the planned, multi-billion pound Rosebank and Alder developments, is to be carried out in the UK – a fact hailed by Michael Fallon, the energy minister, as recognition “that ‘made in Britain’ is a hallmark for the highest quality’”.
Both projects stand to benefit from tax breaks…
Chevron North Sea Limited announced today that it has awarded a number of contracts for its Alder and Rosebank major capital projects to UK suppliers to a total value of over £550 million.
The subsea equipment vendor contract for the Rosebank project has been awarded to OneSubsea UK Limited (formerly…
Anglo-Dutch supermajor Shell has opened a new technical and exploration hub at its Bank Street offices in London’s Canary Wharf area.
http://www.upstreamonline.com/epaper/article1332739.ece
Drilling activity in the North Sea remains steady despite a reduction in new wells, a report has suggested.
Accountants Deloitte found drilling activity in the UK Continental Shelf (UKCS) was returning to healthy levels following a prolonged winter.
Figures for the second quarter of 2013 suggested 16 wells were drilled, seven…
