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Scolded ex-Statoil boss finally speaks

Helge Lund, the former long-time chief executive of Norway's state oil company Statoil (now Equinor), is finally speaking out about the huge losses the...

Giant Statoil deals help secure jobs

Norway's three largest offshore companies won contracts worth nearly NOK 12 billion from state oil company Statoil on Thursday that can create as many...

Statoil’s new name pumps up critics

"No, no, no Statoil" bellowed the headline on one of the many responses in Norwegian media this week to the Norwegian oil company's proposal...

Statoil moves away from ‘state’ and ‘oil’

Norway's state-controlled oil company Statoil has decided that its name has become "too narrow" and is thus launching an expensive project to change it...

Kværner lands huge Statoil contract

Western Norway and several other communities around the country were celebrating this week after Norwegian industrial firm Kværner signed contracts on a project expected...

Statoil poised ‘to earn record amounts’

Norway’s largest company, Statoil, looks set to keep logging record amounts of earnings, given its lower cost base and rising oil prices. Some analysts...

Aker Solutions wins new Statoil contracts

Aker Solutions emerged as the first big winner this week of contracts tied to development of Statoil's long-delayed oil field Johan Castberg off the...

Statoil cuts back on new oil project

There was no lack of hyperbole when Statoil presented its latest development plan for the long-delayed Johan Castberg oil field off Northern Norway on...

Statoil takes over troubled Total oil field

French oil company Total has become the latest foreign firm to cut back in the Norwegian sector of the North Sea. Norway's state-controlled oil...

Statoil boss gets a big raise

Eldar Sætre, chief executive of Statoil, was planning to retire when he turns 62 in February. Now Statoil's board has offered to give him...
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