Statoil distributes drilling contracts worth over EUR 1 billion

Published 03.04.18 at 12:14

The Norwegian oil major has distributed over EUR 1 billion worth of contracts across 18 platforms to Archer, KCA Deutag and Odfjell.

Log in to read our articles

Welcome to EnergyWatch. A part of our content is exclusive and reserved for our users.

Try us for 14 days

Try a trial subscription for access to our quality journalism

Create your personal login here

Frontpage right now

Ørsted and Vestas squeeze Danish sub-suppliers' income

Declining prices on wind energy are squeezing Danish sub-suppliers to turbine manufacturers such as Vestas and Siemens Gamesa.

UBS forecasts sound growth and increasing margins for Vestas

UBS is initiating coverage of the Danish wind turbine share with a BUY recommendation and a price target of DKK 535, 37 percent higher than Monday's DKK 389.70 closing price.

Oil trader Vitol embraces clean energy with new wind power fund

Vitol Group, the world’s largest independent oil trader, is launching a new fund to invest in wind farms in Europe, joining a string of oil majors making moves into renewable energy.

IMF warns of trade war and expensive financial markets

Although risks are emerging due to a trade war, political unrest in the EU and inflated financial markets, the global recovery has not yet lost its momentum, says the International Monetary Fund in an update to its April forecast.