Costs in the oil and gas industry, which have soared in recent years, are beginning to level off, according to StatoilHydro, Norway’s national oil company. “We have seen some easing in costs, ...

StatoilHydro (OSE: STL, NYSE: STO) is continuing its strategy for growth and upholding its ambition to increase the equity production of oil and gas up to 2012, despite great uncertainty in the global ...

We’ll send you a myFT Daily Digest email rounding up the latest European companies news every morning. StatoilHydro, the Norwegian state-controlled oil company, slipped again on the stock market as ...

11 June 2009 – StatoilHydro and Siemens have installed the world’s first large-scale floating wind turbine. The turbine is located approximately 12 km south east of Karmà¸y in Norway at a water depth ...

Norway's StatoilHydro projected on Wednesday that its oil and gas production would grow to 2.2 million barrels of oil equivalents per day in 2012 from 1.9 million boed in 2008. The new production ...

StatoilHydro ASA (OSE: STL, NYSE:STO) StatoilHydro's net income in the third quarter in 2008 amounted to NOK 6.3 billion compared to NOK 14.6 billion in the third quarter of 2007 and was negatively ...

LONDON, Jan. 7-- StatoilHydro has begun its Gjoa production drilling program in the Sogn area of the Norwegian North Sea using the Transocean Searcher drilling rig. Oil and gas production is to start ...

Norwegian contractor Aker Drilling said today that it has finalised all "outstanding issues" with operator StatoilHydro regarding the charter of its newbuild sixth generation drilling rig, Aker ...

Almost ten kilometres long and almost completely horizontal. Never before has StatoilHydro drilled a well as complicated as the Gulltopp well on the Gullfaks field. Almost ten kilometres long and ...

Norwegian oil and gas producer StatoilHydro has reported a 68% drop in quarterly profit amid weaker oil prices and a stronger dollar. The firm reported a net profit of 2bn Norwegian kroner ($285m, ...