Irresti: Statoil Alberta

Statoil Alberta

The statoil sale announced before christmas last year was the beginning of a 30 billion plus selloff of oil sands assets by foreign firms including royal dutch shell plc. 1 upi norwegian energy major statoil said it closed on the sale of its entire oil sands operations in the oil rich canadian province of alberta.

Statoil Shift To Offshore Over Oilsands Improves Market Access

Statoil has established the heavy oil technology centre in alberta canada.

Statoil alberta. Equinor is an energy company with more than 20000 employees developing oil gas wind and solar energy in more than 30 countries. In july 2017 statoil announced that it had hit dry wells in a prospect in the atlantic offshore newfoundland. In 2014 it put the proposed 44000 bpd corner project on hold for at least three years citing high costs.

Statoil has been operating for over 40 years on the norwegian continental shelf ncs. Statoil has signed an agreement to divest its 100 owned kai kos dehseh kkd oil sands projects in the canadian province of alberta to athabasca oil corporation tsx. The transaction covers the producing leismer demonstration plant and the undeveloped corner project along with a number of midstream contracts associated with leismers production.

Statoil and athabasca oil corporation tsx. Statoil entered the alberta oilsands by buying north american oil sands corp. Statoil constructed the leismer sagd facility in alberta canada and has operations on the canadian east coast offshore newfoundland.

Statoil said it completed the sale of its. Statoils move comes as canadian energy companies grapple with albertas chronically tight labour market a major factor in industry cost increases weaker oil prices limited access to more. These measurements secured long term statistics including sea ice thickness and drift an important design parameter for any future offshore installation.

In addition to the equipment available on the amundsen equinor then statoil deployed its own metocean and sea ice measurement mooring equipment in strategic locations offshore. The centre is seen as an important vehicle for developing a sustainable heavy oil value chain. Ath have completed their previously announced transaction whereby statoil has sold its entire oil sands operations in the canadian province of alberta to athabasca.

Athabasca Oil Sands Wikipedia