Last €21.52 EUR
Change Today +0.018 / 0.08%
Volume 22.7K
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As of 12:05 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

Forusbeen 50

Stavanger, 4035

Norway

Phone: 47 51 99 00 00

Fax: 47 51 99 00 50

e NCS. As of December 31, 2013, the company had exploration licenses in North America (Alaska, Canada, and the Gulf of Mexico), South America and sub-Saharan Africa (Angola, Brazil, Mozambique, Suriname, and Tanzania), the Middle East and North Africa (Azerbaijan and Libya), Europe and Asia (the Faroe Islands, Germany, Greenland, India, Indonesia, Russia and the United Kingdom (U.K.)), as well as Oceania (Australia and New Zealand). The company also has representative offices in Kazakhstan, Mexico and the United Arab Emirates. The main sanctioned development projects in which DPI is involved are in Angola, Azerbaijan, Canada, the U.K., and the U.S. North America Production in North America comprises Canada and the United States of America (USA). Canada: The company owns 100% of the shares in North American Oil Sands Corporation and operatorship of 1,129 square kilometers (280,000 net acres) of oil sands' leases in the Athabasca region of Alberta that comprise the Kai Kos Dehseh (KKD) project. In January 2014, the company and PTTEP signed an agreement to divide their respective interests in the KKD oil sands project in Alberta, Canada. In addition, the company has interests in the offshore Jeanne d'Arc basin off Canada's East Coast in the producing fields Hibernia (Statoil interest 5%) and Terra Nova (the company interest 15%). USA The company entered the Marcellus shale gas play (located in the Appalachian region in north east USA) in 2008 through a partnership with Chesapeake Energy Corporation, acquiring 32.5% of Chesapeake's 1.8 million acres in Marcellus. The company entered the Eagle Ford shale formation (located in southwest Texas) in 2010. Through agreements with Enduring Resources LLC and Talisman Energy Inc., the company acquired 67,000 net acres. In 2013, Statoil became operator for 50% of the Eagle Ford acreage, in line with the agreement with Talisman Energy Inc. from 2010. The company entered the Bakken and Three Forks tight oil plays through the acquisition of Brigham Exploration Company in 2011. The company’s net acreage position in Bakken at the end of 2013 was 312,000 acres. The Caesar Tonga oil field (Statoil interest 23.55%) is operated by the Anadarko Petroleum Company. The field is located in the Green Canyon area. It consists of four wells tied back to the Anadarko-operated Constitution spar host. South America The company’s production activities in South America comprise the Peregrino operatorship in Brazil and the Petrocedeño project in Venezuela. The company holds a 60% ownership interest in the Peregrino and is operator. Venezuela Statoil has a 9.7% interest in Petrocedeño. Sub-Saharan Africa The company’s production activities in Sub-Saharan Africa comprise the Agbami project in Nigeria and four Angolan offshore blocks. The Angolan continental shelf is the major contributor to the company’s production outside Norway. The main producing fields are Pazflor, Dalia, Girassol/Jasmim and Rosa. Block 17 comprises production from three floating production storage offloading (FPSOs); Girassol, Dalia and Pazflor. Block 17 is operated by Total, and the company holds a 23.3% interest. Block 15 has production from four FPSOs, including Kizomba A, Kizomba B , Kizomba C-Mondo and Kizomba C-Saxi Batuque. Block 15 is operated by Esso Angola, a subsidiary of ExxonMobil, and the company holds a 13.3% interest. Block 4/05 has production from the Gimboa FPSO. Sonangol P&P is the operator for block 4/05 and the company holds a 20% interest. Block 31 had its first year of full production in 2013. The oil is produced over the PSVM FPSO. BP is the operator for Block 31 and the company holds a 13.3% interest. In Nigeria, the company has a 20.2% interest in the deepwater producing field, Agbami. Middle East and North Africa: The company had production in 2013 in the Middle East and North Africa from Algeria and Libya. The company has 45.9% interest in the In Amenas onshore; and 31.9% interest in the In Salah onshore. The company has a 12.5% share of investments (working interest) in the C-17 license in the Mabruk field, which is operated by Mabruk Oil Operations. Europe and

 

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