Yesterday StatOil (STO) announced its third discovery in the Flemish Pass Basin, offshore Newfoundland, Canada. The discovery was made in Bay du Nord - 10 kilometers from a discovery at the Harpoon ...

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In a momentous conclusion to Lorain County Community College’s 60th anniversary celebrations, The Eric & Jane Nord Family Fund announced a transformative $5 million gift June 7 to the LCCC Foundation, ...

This article was updated Aug. 28. Statoil ASA made its third oil discovery in the Flemish Pass basin offshore Newfoundland and Labrador. Statoil is calling the discovery “encouraging.” The Bay du Nord ...

Discovery well 6706/12-2, drilled by Transocean Ltd.’s Spitsbergen drilling rig for operator Statoil ASA, proved a 105-m gas column in the Nise formation of the Snefrid Nord prospect in the Norwegian ...

Norwegian player Statoil will invest Nkr1.2billion ($143 million) on developing the Snefrid Nord gas discovery near the Aasta Hansteen field in the Norwegian Sea, confirming previous reports. Statoil ...

Statoil ASA said its third find off eastern Canada, containing enough oil to make the trio of discoveries commercially viable, may hold more resources than estimated because the area includes further ...

Equinor ASA EQNR, a Norwegian integrated energy firm, has taken a major step toward the development of its Bay du Nord oil project in Canada. The company has awarded pre-FEED (pre-Front End ...