Statoil

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  First Floating Wind Farm Starts Operation In Scotland

  The world's first floating wind farm started operations off the coast of Scotland on Wednesday, opening up the possibility of turbines at sea depths that would avoid spoiling views from the shore.

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  Hywind, World's First Floating Wind Farm, Being Built Off Scotland Coast

  The world's first full-scale floating wind farm - with turbines taller than the Britain's Big Ben - is being built off the coast of Scotland.

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  How Actual Nuts And Bolts Are Bringing Down Oil Prices

  Last spring, Statoil ASA announced it had used the same oil well design and components to drill three reservoirs for the price of one.

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  Attackers Fire Rockets At Gas Facility In Algerian Sahara

  Unknown attackers fired rockets at a gas facility in Algeria Friday, energy groups Statoil and BP and an Algerian local official said. There were no immediate reports of injuries to the employees on the site in the Sahara Desert.

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  Oil Industry Slipping Into the Red as Outlook Dims

  The oil sector is gradually slipping into the red after years of fat profits as the slump in prices and a grim outlook bite deeper.

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  Chevron and ONGC Videsh Join New Zealand Oil, Gas Search

  Chevron is partnering with Norway's Statoil to explore three prospects off the lightly explored south-east coast of the North Island.

• Greenpeace Ship Reaches Arctic Drilling Site

  A Greenpeace ship arrived on Thursday at the Arctic site where Statoil is sending an oil rig in an attempt to stop the drilling, the environmental group said.

• Reliance Industries, Oil India win two oil blocks each in Myanmar

  RIL won shallow-water blocks M-17 and M-18 in Myanmar's maiden offshore licensing round in which Royal Dutch Shell, Chevron, Statoil and BG Group picked up most of the spoils.

• Government not honouring contracts on KG-D6 gas block, says Reliance

  RIL, which has faced numerous delays in getting approvals and shifting goal-posts, said the country did not have a stable policy regime and this was responsible for exit of global energy giants like Royal Dutch Shell, BHP Biliton of Australia, Statoil of Norway and Brazil's Petrobras.

• Hess completes sale of Azeri oilfield stake to ONGC Videsh

  Hess Corporation has completed the sale of its stake in an Azerbaijan oilfield to ONGC Videsh Ltd for $1 billion, the US energy major announced in a statement on Friday.

• CCEA approves ONGC Videsh Ltd's $1 billion Azerbaijan acquisition

  The Cabinet Committee on Economic Affairs (CCEA) today approved ONGC Videsh Ltd's (OVL) acquisition of stake in an Azerbaijan oilfield for $1.001 billion.

• Hundreds face evacuation from oil-rig off Norway

  Nearly 400 workers were waiting on Wednesday to be evacuated from an offshore platform off the coast of Norway after it began listing, the country's energy giant Statoil.

• ONGC buys Hess stake in Azeri field for $1 billion

  The acquisition is subject to relevant government and regulatory approvals and is expected to close by the first quarter of 2013.

• ONGC arm to buy Hess' stake in Azeri-Chirag-Gunashli oil field

  ONGC Videsh Ltd will buy US energy firm Hess' stake in Azerbaijan's giant Azeri-Chirag-Gunashli (ACG) oil field for an undisclosed amount.

• Oil price drops as China slows, Norway strike ends

  Oil prices tumbled Tuesday on further signs of slowdown in China and after Norway intervened to end its strike.