Statoil (OSE: STL, NYSE: STO) has sold its 15.5% participating interest in the Shah Deniz production sharing agreement, 15.5% share in the South Caucasus Pipeline Company (SCPC), 15.5% share in the SCPC holding company, and 12.4% share in the Azerbaijan Gas Supply Company (AGSC) to the Malaysian oil and gas company PETRONAS. The transaction value is USD 2.25 billion. "Statoil has created significant value by participating [...]
LONDON, September 25, 2014 /PRNewswire/ -- Park Partners Ltd, the independent corporate finance firm, has advised on the sale of Bridgehouse Marine Limited, the parent holding company of Global Marine Services Ltd ("Global Marine"), the world's most experienced undersea cable installation and maintenance services provider, to HC2 Holdings, Inc. ("HC2" (OTCQB: HCHC)) for a consideration of $260m. Global Marine has been an [...]
STAVANGER, Norway, Sept. 19, 2014 (GLOBE NEWSWIRE) -- The shares purchased by DNB on behalf of Statoil ASA (OSE:STL, NYSE:STO) on 15 September 2014 for use in the group's share saving plan have on 19 September 2014 been distributed to the employees in accordance with their savings amount. Following this, the share saving plan has 9,267,213 shares. This information is subject of the disclosure requirements pursuant to [...]
STAVANGER, Norway, Sept. 16, 2014 (GLOBE NEWSWIRE) -- On behalf of Statoil (OSE:STL, NYSE:STO), DNB has on 15 September 2014 purchased 520,133 shares for use in the group's Share saving plan. The shares have been acquired at a price of NOK 177.07 per share. Before distribution to the employees, the Share saving plan has 9,546,158 shares. This information is subject of the disclosure requirements pursuant to section [...]
STAVANGER, Norway, Sept. 12, 2014 (GLOBE NEWSWIRE) -- Statoil ASA (OSE: STL, NYSE: STO) farms down in Aasta Hansteen, Asterix and Polarled and exits two assets on the NCS for a consideration of USD 1.3 billion, including contingent payment. Through this transaction Statoil monetises on the Aasta Hansteen field development project, while retaining the operatorship and a 51 % equity share. In addition Statoil exits the [...]
STAVANGER, Norway, Aug. 19, 2014 (GLOBE NEWSWIRE) -- The shares purchased by DNB on behalf of Statoil ASA (OSE:STL, NYSE:STO) on 15 August 2014 for use in the group's share saving plan have on 19 August 2014 been distributed to the employees in accordance with their savings amount. Following this, the share saving plan has 9,026,025 shares. The above information is subject of the disclosure requirements pursuant to [...]
STAVANGER, Norway, Aug. 18, 2014 (GLOBE NEWSWIRE) -- On behalf of Statoil (OSE:STL, NYSE:STO), DNB has on 15 August 2014 purchased 534,089 shares for use in the group`s share saving plan. The shares have been acquired at a price of NOK 172.63 per share. Before distribution to the employees, the share saving plan has 9,322,907 shares. This information is subject of the disclosure requirements pursuant to section 5-12 of [...]
STAVANGER, Norway, July 28, 2014 (GLOBE NEWSWIRE) -- The following primary insiders in Statoil ASA (OSE: STL, NYSE: STO) have sold shares in Statoil ASA: Lars Christian Bacher, executive vice president in Statoil ASA, has on 25 July 2014 sold 1000 shares in Statoil ASA at a price of NOK 183 per share and will after the sale hold 20,704 shares in Statoil ASA. Benedikte Bettina Bjørn, company secretary in Statoil[...]
STAVANGER, Norway, July 25, 2014 (GLOBE NEWSWIRE) -- Statoil's (OSE:STL, NYSE:STO) second quarter 2014 net operating income was NOK 32.0 billion, a decrease of NOK 2.3 billion compared to the second quarter of 2013. Adjusted earnings were NOK 32.3 billion. "Statoil delivered solid operational performance in the quarter, with continued high production regularity on the Norwegian continental shelf and project execution [...]
STAVANGER, Norway, July 17, 2014 (GLOBE NEWSWIRE) -- The shares purchased by DNB on behalf of Statoil ASA (OSE:STL, NYSE:STO) on 15 July 2014 for use in the group's share saving plan have on 17 July 2014 been distributed to the employees in accordance with their savings amount. Following this, the share saving plan has 8,788,818 shares. This information is subject of the disclosure requirements pursuant to section 5-12 [...]
STAVANGER, Norway, July 16, 2014 (GLOBE NEWSWIRE) -- On behalf of Statoil (OSE:STL, NYSE:STO), DNB has on 15 July 2014 purchased 493,150 shares for use in the group's Share saving plan. The shares have been acquired at a price of NOK 187.77 per share. Before distribution to the employees, the Share saving plan has 9,053,673 shares. This information is subject of the disclosure requirements pursuant to section 5-12 of [...]