It supports the firm’s move from being an upstream oil and gas company towards becoming a “broad energy company”

The Norwegian firm changed its name to broaden its energy reach beyond oil and gas production

Work has begun on laying 200km of power cables to connect the Johan Sverdrup field to shore

Helge Lund headed BG Group between 2015 and 2016 when it was taken over by Shell

They cover the plugging, maintenance and modifications on 18 of Statoil’s fixed platforms

The company has committed between 15% to 20% of investment in new energy solutions by 2030

Its new centres, which will be connected to its fields on the NCS, are expected to help increase value creation by more than $2 billion (£1.4bn) from 2020

Statoil and Masdar have joined forces to explore the potential of battery storage solution at a wind farm in Scotland. They have signed a collaborative agreement to analyse data from ‘Batwind’ – the energy storage system designed to store power generated by floating wind farm Hywind, which was inaugurated last October. The Norwegian firm and […]

BP, ExxonMobil, Shell, Statoil and Total are among eight energy companies that have committed to further reduce methane emissions from their natural gas assets. The firms, which include Eni, Repsol and Wintershall, have also agreed to encourage others across the natural gas value chain – from production to the final consumer – to follow suit. […]

A 402MW offshore wind farm has officially been opened in the UK. The 67-turbine Dudgeon wind farm off the coast of Norfolk is now delivering power to the UK grid, generating enough electricity for around 410,000 homes. Operator Statoil and partners Masdar and Statkraft said the project’s construction costs have been reduced by more than […]