Statoil has targeted large-scale reductions in expenses related to the firms' oil production.
The oil major succeeded in this endeavor judging by the third quarter interim report, which reveals big earnings for Statoil as the company emerged from the quarter with an operating result of USD 2.3 billion.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.
Start a free company trial todayMore from EnergyWatch
Ørsted aims to be number one on carbon capture
The utility hopes to win the Danish carbon capture and storage tender with a plan to capture 400,000 tonnes of CO2 by 2025 from the company’s biomass-fired combined heat and power stations.
H2 Energy calls for faster offshore wind tender to accelerate PtX efforts
With its 1GW hydrogen production, Swiss H2 Energy Europe is among the companies confident in a booming hydrogen industry in Denmark in coming years. For Denmark to take the lead, political action is needed, the company notes.
Statnett warns of potential strained power situation in Norway
The map of Norway’s power situation has received a splash of yellow in the southern region due to low water levels and uncertainty over future import options.
Nordex downgrades forecast
The German turbine manufacturer has had a rougher start to 2022 so far than expected, prompting the company to downgrade guidance by EUR 200m at minimum.
Frontline CEO: Russian oil flows quite freely on the market
Frontline is not taking the ”moral high ground” in regards to Russia but complies with the existing sanctions. Large amounts of Russian oil are still passing through the market, said chief executive Tuesday.
Project manager for Denmark's best internet 
IT project manager for digital transformation in the middle of the green transition 
Commercially Oriented Senior Product Manager 
Economists who are passionate about advocacy and industrial economics 
Senior Market Director, Offshore wind 
Industry specialist and architect - Energy & Utility 
We are looking for project managers who will help shape the green transition and develop the business area "Sustainable Energy" 
Strong project manager for one of the world's most important green projects 
Team Manager 
Project Developer 
Strategic Business Development Consultant 
Junior Analyst for Power Solutions 
Senior Logistics Site Manager