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Zacks News
Statoil Buys Scatec Solar Stake, Forays in to Solar Power
by Zacks Equity Research
Statoil (STO) inks agreement with Scatec Solar to farm in the construction ready 162 megawatt Apodi solar asset in Brazil.
Statoil (STO) & Partners Ink Agreement to Build CO2 Storage
by Zacks Equity Research
Statoil ASA (STO) along with Norwegian subsidiaries of Royal Dutch Shell and Total have ink partnership agreement relating to advancing the development of carbon storage on the NCS.
Oil & Gas Stock Roundup: XOM Loses #1 Energy Spot, CVX Names New CEO
by Nilanjan Choudhury
ExxonMobil (XOM) was toppled by Russia's Gazprom as the world's top energy company, while smaller rival Chevron (CVX) elected Michael Wirth to succeed john Watson as its next Chairman and CEO.
TechnipFMC Receives EPCI Contract in Brazil From Statoil
by Zacks Equity Research
TechnipFMC (FTI) will work on a new production platform in the project located offshore Brazil.
Top Research Reports for Pfizer, AT&T & BlackRock
by Zacks Equity Research
Today's Research Daily features new research reports on 16 major stocks, including Pfizer (PFE), AT&T (T) and BlackRock (BLK)
Transocean to Retire Six Deepwater Floaters from its Fleet
by Zacks Equity Research
Transocean (RIG) is making way for new high-specification rigs by retiring its deepwater floaters.
BP & Partners Ink Deal to Extend PSA for ACG Field til 2049
by Zacks Equity Research
BP along with co-venturers has inked a modified and restated ACG field's production sharing agreement (PSA). The PSA has been extended to 2049, while earlier it was due to terminate in 2024.
TechnipFMC Wins New EPCI Contract from Hurricane Energy
by Zacks Equity Research
TechnipFMC (FTI) will provide Hurricane Energy simplified subsea field architecture, which can improve project economics.
Statoil Concludes Installation of Last Turbine in Dudgeon
by Zacks Equity Research
Statoil (STO) completes installation of the last of the 67 wind turbines in the Dudgeon field as planned and below budget.
Norway Receives Record Number of Exploration Applications
by Zacks Equity Research
Authorities increase areas for exploration, raising the possibility of finding oil.
Statoil (STO) Acquires Interest in 2 Exploration Rights
by Zacks Equity Research
Statoil (STO) has increased its presence in South Africa by farming into two offshore frontier blocks, Exploration Right 12/3/252 and 12/3/257.
Statoil Lowers Cost for Johan Sverdrup's First Phase by NOK 5B
by Zacks Equity Research
Statoil reduces its estimated cost for the first phase of developing Norway's Johan Sverdrup oilfield by NOK 5 billion to NOK 92 billion.
Nabors (NBR) to Acquire Robotic Drilling Systems in Q3
by Zacks Equity Research
Nabors (NBR) receives approval from shareholders of Robotic Drilling for the acquisition.
Statoil Hits Non Commercial Gas Volume in Korpfjell Well
by Zacks Equity Research
Statoil (STO) has confirmed non commercial gas volume, which is small in amount, in the Korpfjell well situated in the southeast Barents Sea.
TechnipFMC (FTI) Receives New EPCI Contract Offshore Canada
by Zacks Equity Research
TechnipFMC (FTI) expands its presence in East Coast offshore Canada with new EPCI contract.
Statoil, YPF to Explore Hydrocarbons Onshore Argentina
by Zacks Equity Research
Statoil (STO) and YPF ink agreement to jointly explore for hydrocarbons in the Bajo del Toro block in the Neuqu??n Basin onshore Argentina.
Cheniere Energy Delivers First US LNG Cargo to Lithuania
by Zacks Equity Research
Cheniere Energy (LNG) takes another firm step toward penetrating the European energy market.
Can Seadrill (SDRL) Pull a Surprise This Earnings Season?
by Zacks Equity Research
Impressive backlog and operational efficiency are expected to drive SeaDrill (SDRL) in Q2 amid bankruptcy fears and debt woes.
Conoco (COP) Gets Nod to Remove Minor Structures off Norway
by Zacks Equity Research
ConocoPhillips (COP) gets consent to prepare for the removal of the first permanent oil platform built off Norway.
Transocean (RIG) Inks $3.4 Billion Deal to Acquire Songa
by Zacks Equity Research
Though the acquisition deal will adversely affect the near term financials of Transocean (RIG), it is expected to boost the company's long-term growth opportunities, backlog and future revenues.
The Zacks Analyst Blog Highlights: Statoil ASA, ConocoPhillips, Royal Dutch Shell, ExxonMobil and Marathon Oil
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Statoil ASA, ConocoPhillips, Royal Dutch Shell, ExxonMobil and Marathon Oil
What is Saving the Oil Companies in a Low-Price Environment?
by Zacks Equity Research
Oil companies are slowly recovering using several techniques from which investors can benefit.
Statoil Alters Ownership in Offshore Wind Project in UK
by Zacks Equity Research
Statoil (STO) inks agreement with Innogy and SSE to swap equity interests in the Dogger Bank offshore wind development project.
Statoil (STO) Hits Small Gas Discovery in Gemini North Well
by Zacks Equity Research
Statoil (STO) has made a small gas discovery in the Gemini North well in the Barents Sea. The presence of oil has also been confirmed.
Transocean (RIG) Breaks Even in Q2 Earnings, Revenues Beat
by Nilanjan Choudhury
Despite a very challenging market for offshore rigs, Transocean (RIG) was able to beat Q2 estimates handily.