LONDON, Feb 9 (Reuters) - Helge Lund began work as the new chief executive of BG Group on Monday, joining the oil and gas firm three weeks earlier than expected after gaining agreement from his previous employer Statoil .
WILLISTON, N.D. (Reuters) - Halliburton, Statoil ASA , Hess Corp and other North Dakota energy companies have decided, for now, not to lay off staff in the No. 2 U.S. oil producing state, hoping to be prepared for any prolonged rebound in crude prices.
oil and gas assets will result in a major revaluation of Hydro shares and the departure of several executives to the new StatoilHydro . Rather than resetting the strike prices of existing options or allowing departing executives to retain their options
Wednesday with the appointment of Statoil CEO Helge Lund to fill the vacancy, effective ..... veteran. On the other hand, Statoil 's operational and financial ..... period. Like many of its peers, Statoil saw returns decline as greater
Statoil STO reported a rather uneventful quarter ..... its key downstream markets resulted in Statoil taking an impairment of NOK 4.2 billion. However, Statoil has no plans to divest the facilities despite
Statoil STO reported second-quarter earnings that ..... production is down 5%, albeit in line with Statoil 's previous guidance of lower production ..... year earlier due to the lower production. Statoil continues to maintain its 2020 forecast
deep-water rigs under construction, adding almost $1.4 billion to its backlog, and obtained a contract with Statoil STO for a newbuild Cat-J rig for $655 million. The ultra high-specification jackup can drill in water depths of up
consist of a 12-inch diluent line and 24-inch blended bitumen pipeline. The blended bitumen line will run from Statoil 's STO and state-owned PTTEP's (Thailand's national petroleum company) Kai Kos Dehseh oil sands project to Pembina
Statoil STO reported adjusted after-tax earnings ..... 2013 looks to be a challenging year for Statoil . Management had already warned production ..... advance has always been a risky proposition. Statoil still faces steep declines on its home
the improved sequential performance, but continued BOP issues and a delay in starting the West Hercules contract with Statoil STO kept the utilization numbers below the 95%-plus level Seadrill has historically targeted. The need to replace bolts