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  >  Equinor    EQNR   NO0010096985

EQUINOR (EQNR)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets
OFFRE ETE Zonebourse : Jusqu'à 6 mois offerts sur tous les portefeuilles

Statoil ASA : Limited production start-up at In Aménas

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/23/2013 | 04:27pm CEST

The In Aménas gas facilities in Algeria operated by the Joint Venture partners Sonatrach, BP and Statoil, initiated a limited production start-up yesterday, Friday 22 February.

Production from the plant's train 1 was started-up following a detailed review of technical integrity, security, and other conditions, and after the partners had concluded that the criteria required to ensure a safe restart of train 1 had been met. The remaining two production trains were damaged during the terror attack, and will not be put on stream until it is safe to do so.

The physical inspection of train 1 was conducted by Sonatrach on behalf of the Joint Venture, and the documentation has been fully reviewed by both Statoil and BP.

Lars Christian Bacher, executive vice president for Development and Production International in Statoil.

(Photo: Helge Hansen, Statoil)

"The Joint Venture has initiated a limited production start-up at In Amenas. We thank Sonatrach for the work they have done and continue to do on behalf of the Joint Venture, during this difficult time for everyone involved", says Lars Christian Bacher, executive vice president for Development and Production International in Statoil.

During the production start-up phase, the facilities will be operated by Sonatrach on behalf of the Joint Venture. Statoil and BP staff will not yet be redeployed but technical specialists will provide support when needed, in line with strict security procedures established for short-term visits.

Statoil is currently in a close dialogue with Algerian authorities, Sonatrach and BP about the necessary conditions for full production and a redeployment of staff.

"The safety and security of our people is our utmost priority. We will take whatever time needed to conduct all required assessments and reviews and take all necessary precautions before we consider a re-entry of Statoil personnel," says Bacher.

Coinciding with production start-up, Sonatrach will hold a commemoration ceremony at the In Amenas facilities Sunday 24 February in connection with the Algerian Day of Nationalisation of Hydrocarbons. A memorial monument with the names of the victims of the terror attack will also be unveiled.

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on EQUINOR
06/21EQUINOR : Partners with Microsoft for Cloud Services Delivered
AQ
06/21EQUINOR : Invests $77m in Argentinian Solar Project
AQ
06/20EQUINOR : Awarding Drilling & Well Service Contracts Worth NOK 30 billion
AQ
06/20SCATEC SOLAR : Equinor Enters Solar Project in Argentina
AQ
06/20EQUINOR : Awards Light Well Intervention Contract to Akofs
AQ
06/20SCATEC SOLAR : secures a 117 MW solar project in Argentina together with Equinor
AQ
06/20EQUINOR : Notifiable trading
AQ
06/20PETROBRAS : and Equinor conclude strategic partnership agreements in the Roncado..
AQ
06/20PETROLEO BRASILEIRO PETROBRAS : Equinor completes acquisition of 25% interest in..
AQ
06/20Equinor and Microsoft in Cloud-Services Partnership Deal
DJ
More news
News from SeekingAlpha
06/20Microsoft announces two datacenter regions in Norway, Equinor agreement 
06/19The Daily Drilling Report Recaps The Week That Was 
06/18REUTERS : Vitol-led group in talks to buy Nigeria assets from Petrobras 
06/18Equinor snares seven licenses on Norway's Continental Shelf 
06/18Equinor awards $3.7B in deals to Baker Hughes, Halliburton, Schulumberger 
Financials ($)
Sales 2018 76 579 M
EBIT 2018 18 025 M
Net income 2018 5 649 M
Debt 2018 14 242 M
Yield 2018 3,51%
P/E ratio 2018 15,11
P/E ratio 2019 14,58
EV / Sales 2018 1,33x
EV / Sales 2019 1,31x
Capitalization 87 486 M
Chart EQUINOR
Duration : Period :
Equinor Technical Analysis Chart | EQNR | NO0010096985 | 4-Traders
Technical analysis trends EQUINOR
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 29
Average target price 26,9 $
Spread / Average Target 3,1%
EPS Revisions
Managers
NameTitle
Eldar Sætre President & Chief Executive Officer
Jon Erik Reinhardsen Chairman
Jannicke Nilsson Chief Operating Officer & Executive Vice President
Hans Jacob Hegge Chief Financial Officer & Executive Vice President
Margareth Øvrum Executive VP-Technology, Projects & Drilling
Sector and Competitors
1st jan.Capitalization (M$)
EQUINOR21.92%87 486
ROYAL DUTCH SHELL4.30%286 598
PETROCHINA COMPANY-8.28%200 666
TOTAL11.30%159 549
NK ROSNEFT' PAO--.--%65 406
ENI11.84%65 265