CNPC, Statoil in asset-swap talks

Norway's Statoil is in discussions with PetroChina parent company China National Petroleum Corp on swapping assets with the mainland oil giant, in a deal that would give CNPC its first oil and gas holdings in Europe.

Friday, 27 April, 2007, 12:00am

CNPC tie-up with Statoil may push offshore operations

China National Petroleum Corp, parent of listed PetroChina, has signed a strategic co-operation memorandum of understanding with Norway's state-backed oil producer Statoil, in a move that may facilitate its expansion on offshore drilling.

2 Mar 2007 - 12:00am

Shuttle to become drill ship

Den Norske Stats Oljeselskap (Statoil) says one of its multipurpose shuttle tankers (MST) under construction in South Korea is to be outfitted for use as a drill ship under the name Odin.

The vessel will be the largest of its type in the world - with storage for up to 585,000 barrels of oil - and will be able to drill in 2,500 metres of water.

3 Feb 1997 - 12:00am

Statoil charters product carrier

Den Norske Stats Oljeselskap (Statoil) has chartered the product and chemical carrier Monte Bello for two years.

The 14,000-deadweight-tonne vessel is under construction at Italy's Cantiere Orlando-Leghorn yard and is due for delivery in May.

3 Feb 1997 - 12:00am

Statoil stays in Nigeria

NORWEGIAN state-owned oil and gas company Statoil will not pull out of Nigeria despite widespread condemnation of the Nigerian regime for its execution of nine political activists. 'We are deeply concerned about the situation that has arisen, and we fully understand the reactions. But Statoil will not pull out of Nigeria,' Statoil spokesman Arild Steine said.

13 Nov 1995 - 12:00am

Nickel tops up exports to HK

FEW people are aware of Norway's principal export to Hongkong - nickel. Many know about Norway's second-biggest export - salmon - according to Mr Lars Almklov, the Norwegian vice-consul.

17 May 1993 - 12:00am