Latam Energy Advisors
Statoil plans four oil wells in Russia amid sanctions: Statoil ASA plans to drill four wells in Russia with OAO Rosneft, showing Statoil is deepening its involvement in the country against the backdrop of international sanctions. Statoil plans to drill two wells at a heavy-oil pilot project in western Siberia this year and two offshore wells in the Sea of Okhotsk in 2016, said spokesman Knut Rostad. While Statoil believes the proposals lie outside the scope of sanctions, the plans are an example of how western oil companies are forging ahead with projects even as the political atmosphere shows little sign of improving. (Bloomberg)
Statoil adds acreage in the Gulf of Mexico Central lease sale: Statoil was the apparent high bidder on 14 leases in the Central Lease Sale. Statoil announced that it successfully bid on 14 leases in the U.S. Department of the Interior’s central region Gulf of Mexico lease sale 235, which occurred in New Orleans, LA. Statoil's winning bids are subject to review and final approval by the authorities. (Company filings)
Election to Statoil’s board of directors: In a meeting in the Corporate Assembly of Statoil ASA, Rebekka Glasser Herlofsen was elected as new shareholder representative to the company’s board of directors. Grace Reksten Skaugen withdraws from the position as a member of Statoil’s board of directors. Reksten Skaugen had at an early point in time informed the nomination committee that she did not wish to stand for re-election in 2015. (Company filings)
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