But it doesn’t want to say which ones. In 1973, the company started work acquiring a presence in the petrochemical industry. Profitable exploration on the Norwegian shelf. (In 2012, Statoil had 4 oil sand licences (oljesandlisensene ) as part of the Kai Kos Deh Seh project: Leismer, Corner, Hangingstone, and Thornberry). Formerly Statoil, we are 20,000 committed colleagues developing oil, gas, wind an... Idemitsu Petroleum Norge (IPN) is a subsidiary of the Idemitsu Group, one of Japan’s largest energy corporations. We are partner in producing fields across... INPEX is Japan's largest oil and gas exploration and production company. "[18], It has been noted within the analyst community that a proposal will create an entity with much more competitive strength versus its much larger European rivals, including BP, Total, and Shell, while also increasing the ability of the company to make strategic acquisitions, particularly in the Gulf of Mexico. [11], In 2009, Statoil launched the world's first operational deep-water floating large-capacity wind turbine, Hywind. Article … The number of applications was the same as for last year’s round. [17] Jens Stoltenberg, the then Norwegian Prime Minister, commented that he viewed the merger as "the start of a new era...creating a global energy company and strengthening Norway’s oil and gas industry. In June, the ministry decided to offer 36 news blocks in the western part of the Norwegian Sea, close to areas that have been previously explored. At Cairn, we believe in doing things the right way. The Norwegian state has substantial holdings in production licences on the Norwegian continental shelf (NCS) through the State’s Direct Financial Inte... Petrolia NOCO AS is an independent E&P company. [74][75], The program also includes an art prize, Statoils kunstpris, that has been awarded every second year since 2007 to a talented artist in Norway. Including several companies in one licence enables less experienced companies to learn from those with more experience, and the different companies can control the operator’s activities and together ensure that the best possible decisions are made. There are still vast remaining resources in all areas. Production which had originally been planned to start in 2018 was temporarily shelved while the company and its partners reassessed the viability of the project and explored ways to reduce development costs. International Association of Oil & Gas Producers, Companies listed on the Oslo Stock Exchange, https://en.wikipedia.org/w/index.php?title=Equinor&oldid=985280735, Multinational companies headquartered in Norway, Non-renewable resource companies established in 1972, Companies listed on the New York Stock Exchange, Articles with Norwegian-language sources (no), Articles with unsourced statements from October 2010, Articles with unsourced statements from January 2012, Articles with unsourced statements from October 2011, Wikipedia articles with BIBSYS identifiers, Creative Commons Attribution-ShareAlike License, This page was last edited on 25 October 2020, at 01:50. In the early days, foreign companies dominated exploration activities, and they were responsible for developing the first oil and gas fields. The Vice-Chair and former Minister of Petroleum and Energy Marit Arnstad served as chairperson until 1 April 2008, when Svein Rennemo took up the post on a permanent basis after resigning as the CEO of the Norwegian oil services company Petroleum Geo-Services (PGS). As there is a strong demand for increased exploration activity on th... We are an E&P company. [44][45][46], In March 2018, Statoil acquired a 50% stake in the Polish Bałtyk Środkowy III and Bałtyk Środkowy II (Middle Baltic II/III) offshore wind farms. In total, Statoil had about 2,000 fuel stations. This means that more than half remain to be produced and discovered.
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