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Statoil Uk News

20 Jul 2018

Equinor Extends Prosafe Deal

Semi-submersible firm Prosafe said that it has been offered a month extension for the Safe Boreas charter contract at the Mariner project by operator Equinor."Equinor UK Limited (formerly Statoil (UK) Limited) has exercised the first of six one-month options to extend the charter of the Safe Boreas. The total value of the option is USD 6 million," said a press statement.In early August 2017, the Safe Boreas commenced a 13 month firm operational period at Mariner in the UK sector of the North Sea. The firm operational period will now continue through to early October 2018.Prosafe is a leading owner and operator of semi-submersible accommodation vessels.

18 Oct 2017

World’s First Floating Wind Farm Starts Production

The Hywind Scotland floating wind farm. (Photo: Øyvind Gravås / Woldcam - Statoil ASA)

The world's first offshore floating wind farm has started to deliver electricity to the Scottish grid, providing power to approximately 20,000 households. The 30MW Hywind Scotland wind farm, operated by Statoil in partnership with Masdar 25 kilometers offshore Peterhead in Aberdeenshire, Scotland, was officially opened today by First Minister of Scotland, Nicola Sturgeon. “This marks an exciting development for renewable energy in Scotland,” First Minister Sturgeon said. “The learnings from Hywind Scotland will pave the way for new global market opportunities for floating offshore wind energy.

07 Aug 2017

Sentinel Marine Secures Two New Contracts

(Photo: Sentinel Marine)

Sentinel Marine said it has secured two new contracts bringing the Aberdeen-headquartered firm’s contract wins to a total of £26.4 million ($34.4 million) since January this year. The latest contract wins will provide continued employment for 72 seafarers in the North Sea. Sentinel Marine’s contract with Statoil UK Limited will see the provision of an emergency response and rescue vessel (ERRV) Portland Sentinel in the energy producer’s Mariner field from the beginning of August. The Portland Sentinel will join Mariner Sentinel, the latest vessel to join the Sentinel Marine fleet.

03 Nov 2015

Statoil Green Lights Floating Wind Farm Project

Statoil has made the final investment decision to build the world’s first floating wind farm: The Hywind pilot park offshore Peterhead in Aberdeenshire, Scotland. The decision triggers investments of around NOK 2 billion, realizing a 60-70 percent cost reduction per MW from the Hywind demo project in Norway. Statoil will install a 30 MW wind turbine farm on floating structures at Buchan Deep, 25 kilometers offshore Peterhead, harnessing Scottish wind resources to provide renewable energy to the mainland. The wind farm will power around 20,000 households. Production start is expected in late 2017. “Our objective with the Hywind pilot park is to demonstrate the feasibility of future commercial, utility-scale floating wind farms.

16 May 2015

Sentinel Orders ERRV at Cosco Guandong

China's COSCO (Guangdong) Shipyard has secured a contract from Aberdeen-based Sentinel Marine to build a TAERRV (Tanker Assist / Emergency Response / Rescue / Field Support Vessel). Cosco says the vessel’s expected delivery date is in the first quarter of 2017. Sentinel Marine has an option to order an additional TAERRV within six months. The shipbuilder and the client have agreed to keep the contract price confidential and the contract includes an option for a second vessel. According to a press release by the yard, COSCO Guangdong and Sentinel Marine have agreed to keep the contract price confidential. The announcement comes as Cosco Shipyard urges cooperation between yards and rig owners during the offshore market's current downturn.

09 Mar 2015

Statoil Orders Emergency Vessel

Statoil (U.K.) Limited has awarded a contract to Sentinel Marine Limited to provide a new multi role Emergency Response & Rescue Vessel (ERRV) to support operations on the Mariner field on the UK Continental Shelf (UKCS). Sentinel Marine is an Aberdeen-based company, owning and operating offshore support vessels in the oil and gas marine industry. The new 65 metre ship, to be named “Mariner Sentinel”, will be custom built for Statoil and provide emergency cover, oil spill response preparedness and tanker assist capabilities for the Mariner field. The ERRV contract with Sentinel Marine has a fixed duration of five years, commencing in July 2016, and also includes five one-year extension options.

14 Feb 2015

Aker Solutions Post 4Q 2014 Results

*EBIT margin ex. Aker Solutions revenue rose 21 percent to NOK 9.2 billion in the fourth quarter of 2014 from a year earlier, helped by strong progress on major projects across the global business. Earnings before interest and taxes (EBIT) climbed to NOK 557 million in the quarter from NOK 486 million a year earlier. The EBIT margin narrowed to 6.1 percent from 6.4 percent amid a slowdown in the Norwegian maintenance, modifications and operations (MMO) market and as some major subsea projects are still in a start-up phase. This was partly offset by strong project execution at the U.S. umbilicals plant, improved capacity utilization in the engineering area and reduced overhead costs in MMO. The EBIT margin, excluding one-off items, was 6.8 percent.

29 Jun 2014

Statoil Awards Mariner Contracts to UK Suppliers

Statoil (U.K.) Limited has awarded the maintenance and modification services contract for the Mariner field to Aker Solutions UK. The offshore services contract has been awarded to Stork Technical Services Limited, also based in the UK. Aker Solutions will perform the services for the Mariner field under a five-year contract, anticipated to start in August this year. Stork will commence services in January 2015, also under a five-year term. Both contracts include two 2-year extension options. The Mariner platform is currently under construction and production is scheduled to start in 2017. The contracts will support a significant number of the 700 onshore and offshore positions planned for the Mariner field.

27 Jun 2014

UK Suppliers Win Statoil Contracts

Gunnar Breivik, managing director, Statoil Production (U.K.) Limited (Credit Statoil)

Statoil (UK) Limited has awarded Aker Solutions UK with the maintenance and modification services contract for the Mariner field. Likewise, the offshore services contract was awarded to Stork Technical Services Limited (UK). Aker Solutions will perform the services for the Mariner field under a five-year contract, anticipated to start this August. Stork will begin its services in January 2015, also under a five-year term. Both contracts include two two-year extension options. The Mariner platform is currently under construction, with scheduled production to start in 2017.

18 Jun 2014

Statoil Awards Mariner Helicopter Contract To CHC UK

Statoil (U.K.) Limited has awarded the helicopter transportation contract for the Mariner field to CHC Helicopter in the UK. The contract calls for CHC to operate two Sikorsky S-92 aircraft on behalf of Statoil. The helicopters will fly from Aberdeen or Sumburgh on the Shetland Isles to the Statoil-operated Mariner field, 250 kilometres off the north-eastern coast of Scotland. The contract has a duration of five years, plus an extension option for up to three years. The service is anticipated to begin in mid-2016. “We are pleased to have entered into this contract, meeting our needs for safe and efficient transportation to the Mariner field…

10 Jul 2012

Chevron's UK Offshore Rosebank Project Update

Chevron Corporation announce that its U.K. subsidiary has entered front-end engineering and design (FEED) on the Rosebank oil and gas project in the West of Shetland region. The Chevron-operated Rosebank project is located approximately 80 miles (130 kilometers) northwest of the Shetland Islands, in water depths of approximately 3,700 feet (1,100 meters). The project will include a floating production, storage and offloading vessel, production and water injection wells, subsea facilities, and a gas export pipeline. “Rosebank is an important project for Chevron and the West of Shetland region, which holds a significant portion of the U.K.’s undeveloped oil and gas resources,” said Brenda Dulaney, managing director, Chevron Upstream Europe.

10 Jun 2002

Statoil Receives Contract

Statoil and British Gas Trading Ltd, a wholly owned subsidiary of Centrica, have signed a gas sales contract for supplies of five billion cubic metres of natural gas per year. Supplies will start on October 1, 2005 and run for 10 years. This is Statoil's largest sale since the Troll gas sales agreement in 1986 on the basis of annual volumes. The contract reinforces Statoil's position as the largest importer of gas to the UK. managing director of Statoil UK. increase the supply of gas to meet the UK's growing energy needs. supply. supplies of 1.6 bcm per year over fifteen years. "Statoil looks forward to cooperating with British Gas Trading. market, increases Statoil's commercial opportunities. market segment where we are not active. concludes Mr Bjørnson.

15 Aug 2001

Statoil Criticizes British Gas Plan

Statoil said Britain risks losing out on gas imports if it does not change its pricing system for bringing natural gas onto the mainland from offshore fields. Rune Bjornson, managing director of Statoil (UK) Limited, said the recently introduced system of auctioning entry capacity, or access rights to the national pipeline system, produced very high, volatile prices. "We are not happy with the regime. We would like to have a predictable, stable regime which is more reflective of actual costs," Bjornson told Reuters in an interview. The erratic prices produced by the auction system will discourage producers like Statoil, one of Europe's main gas suppliers, from supplying gas into Britain where demand for natural gas is booming, he said.