Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Oslo Bors  >  Statoil    STL   NO0010096985

STATOIL (STL)
Mes dernières consult.
Most popular
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Statoil : CCB Kollsnes Selected for CO2 receiving Terminal

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/13/2017 | 08:52pm CET

Gassnova and Statoil have concluded that a CO2 receiving terminal will be located at the premises of CCB Kollsnes AS in the Naturgassparken industrial area in the municipality of ?ygarden by Bergen in Western Norway.

“Our decision to select CCB Kollsnes is based on an overall evaluation of factors such as safety, technical and commercial conditions, costs and expansion possibilities,” says project director Sverre Over? in Statoil. “This is a key milestone ensuring necessary progress in the project.”

Construction of the full-scale project including the onshore terminal is subject to the Norwegian parliament making a positive investment decision, scheduled for 2019.

The establishment of an onshore CO2 storage plant is part of the Norwegian authorities’ plans for developing full-scale CO2 handling in Norway. CO2 will be captured from onshore industrial plants in Eastern Norway and transported by ship from the capture area to the onshore reception plant. At this plant, the CO2 will be pumped from the ship to onshore tanks before it is sent in a pipeline and injected for permanent storage 1000-2000 metres below the seabed.

In June 2017, Statoil was assigned studies to mature a CO2 storage facility, and to establish cost estimates for a possible investment decision. The project has been strengthened by Shell and Total joining as collaboration partners. Gassnova has also extended the scope by including the study for ship transport.

Following the site selection, contracts will be awarded for engineering of site preparation, administration building and marine structures, processing facility and pipelines from the onshore plant to the offshore injection well. A contract for assistance in preparing the environmental impact assessment and zoning plan has already been awarded.

(c) 2017 Universal Solutions S.A.E. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on STATOIL
11/18 STATOIL : seeking upstream partnerships, official says
11/18 STATOIL : Deepsea Atlantic to drill in North Sea Oseberg area for Statoil
11/18 AKER : Lands Umbilicals Contract For Fields Offshore Norway
11/18 AKER : to provide umbilicals for three Norwegian field developments
11/18 ARCHER LIMITED : Statoil exercises option to extend its Platform Drilling Manage..
11/17 STATOIL : Norwegian Petroleum Directorate - Drilling permit for wellbore 30/8-5,..
11/17DJSTOCKS : Oslo Reviews Oil Holdings -- WSJ
11/17 STATOIL ASA : Statoil's share saving plan allocates shares
11/16DJNorway Considers Pulling Its $1 Trillion Wealth Fund Out of Oil Stocks -- 3rd..
11/16DJNorway Considers Pulling Its $1 Trillion Wealth Fund Out of Oil Stocks -- 3rd..
More news
News from SeekingAlpha
11/17 Statoil eyes increased exploration off Norway's coast in 2018
11/17 WALL STREET BREAKFAST : NAFTA Talks Resume In Mexico City
11/16 Norway's $1T wealth fund considers exiting oil and gas stocks
11/14 Statoil to pay $4M fine to U.S. CFTC over swaps manipulation
11/06 WALL STREET BREAKFAST : Major Crackdown In Saudi Arabia
Financials ($)
Sales 2017 59 653 M
EBIT 2017 11 908 M
Net income 2017 3 501 M
Debt 2017 15 994 M
Yield 2017 4,43%
P/E ratio 2017 18,68
P/E ratio 2018 17,43
EV / Sales 2017 1,38x
EV / Sales 2018 1,35x
Capitalization 66 062 M
Chart STATOIL
Duration : Period :
Statoil Technical Analysis Chart | STL | NO0010096985 | 4-Traders
Technical analysis trends STATOIL
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 32
Average target price 19,9 $
Spread / Average Target 0,20%
EPS Revisions
Managers
NameTitle
Eldar Sætre President & Chief Executive Officer
Jon Erik Reinhardsen Chairman
Jannicke Nilsson Chief Operating Officer
Hans Jacob Hegge Chief Financial Officer & Executive Vice President
Bjørn Tore Godal Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
STATOIL3.54%66 062
ROYAL DUTCH SHELL0.96%257 573
PETROCHINA COMPANY LIMITED2.52%212 534
TOTAL-5.00%137 617
PETROLEO BRASILEIRO SA PETROBRAS7.13%65 372
ENI-11.18%58 859