Finn displays ‘supernatural’ excavator skills
Finnish excavator operator Juha-Pekka Peramaki is a man with an extraordinary talent – he can put together Lego blocks using the claws of his Hitachi ...
Oil companies turning their backs on Greenland
Greenland’s hopes of developing into the world’s next big oil excavation centre are turning sour, with three large energy companies pulling the plug o...
Gas discovery found in Barents Sea states Statoil
A minor gas discovery has recently been found at the Mercury prospect well in the Barents Sea off the northern coast of Norway, states Statoil and its...
Statoil considers quitting west Greenland in cost-cutting move
Norway’s biggest energy company Statoil is considering quitting west Greenland in an effort to cut costs. The exploration licences are something the c...
Statoil given Greenland exploration licence
Statoil has been handed a licence to carry out an oil exploration programme off the northeast coast of Greenland.
Norway and Russia team up for Arctic oil exploration
Norway’s state-owned Statoil firm has signed a deal with Russian oil giant Rosneft to explore the sea around the Arctic.
Statoil announces big find
Norwegian state oil producer Statoil ASA has announced a major oil find in the Barents Sea off the coast of northern Norway.
Statoil announces new US deal
Norwegian-based Statoil has announced a new agreement with US energy giant Chesapeake that will see the addition of 59,000 acres to the existing 600,0...