Drilling & production

Reference is made to the previous announcements by Statoil ASA (the 'Company', OSE:STL, NYSE:STO) regarding the Dividend Issue for 4Q15.

During the meeting, Claudio Descalzi and Amine Mazouzi signed an agreement propaedeutic to the extension of the production licenses for the ROD reservoir.

ITOCHU Corp. has announced the signing of a MoU with CITIC Resources Holdings Ltd, for collaboration in oil and gas exploration and production.

AccessESP has appointed Ed Sheridan as its Asia Pacific Region Manager.

The WellLink service is designed to reduce invisible lost time by transforming the complex data buried within legacy applications, drilling reporting systems and data streams into real time information.

The event will focus on underwater activity in the oil and gas, defence, oceanology and marine renewables industries.

The objective of the office in Johannesburg is to be geographically closer to key African markets, especially South Africa and Mozambique.

Indian Oil Corp. Ltd, Oil India Ltd and Bharat PetroResources Ltd have signed the definitive agreement to acquire up to 23.9% shares from Rosneft.

Essar's Raniganj block has become India's first coal bed methane asset to cross the 1 million mpd production milestone.

Energy Revenue America Inc. has announced plans to reopen existing wells and drill new wells in the summer of 2016.

The companies have entered a MoU to provide integrated diving and ROV solutions in the Gulf of Mexico.

ABB and Industry Technology Facilitator (ITF) are launching an industry project to reduce OPEX spend during late life and decommissioning phases.

Otto Energy has announced the successful farm out of a 25% participating interest in the upcoming Kito-1 Well in Kilosa-Kilombero Licence.

The Norwegian Petroleum Directorate has granted Faroe Petroleum Norge AS a drilling permit for well 31/7-1 A.

Genel Energy has reported that the Tawke field partners have received a payment of US$15 million.