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Examples
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Here, a StatoilHydro platform in the North Sea off Norway in 2009.
Crude Ends Below $101 David Bird 2012
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It's funded by a $3 million grant from StatoilHydro, a Norwegian energy company.
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According to Sandi, the strapped State Department just sold the whole thing to StatoilHydro, the Norwegian state oil company, and by the time I got to Via Veneto the enormous compound's trees and shrubbery were already being coaxed into tall, agnostic shapes to please their new owners.
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In October, StatoilHydro was forced to raise its cost estimates for Snoehvit drastically.
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StatoilHydro concedes that the plan for Snoehvit was "immature" when the project got the go-ahead.
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Norway's state-owned energy company, StatoilHydro, is now running the world's first natural gas facility above the Arctic Circle, and companies from around the world are making plans to develop oil and gas fields in the Artic territories of Canada, Greenland (administered by Denmark), Russia, and the United States, where offshore drilling in northern Alaskan waters may soon be the order of the day.
Michael T. Klare: The Era of Xtreme Energy: Life After the Age of Oil 2009
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FINIGHAN: More on oil right now and the Norwegian energy company, StatoilHydro is changing its name.
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Since 1996, StatoilHydro has been stripping CO2 out of natural gas produced at its Sleipner field in the North Sea and storing it in an acquifer more than half a mile below the seabed.
Shell's Plan to Lead in Storage of Carbon Dioxide Hits a Snag 2009
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But the lure of the Arctic has proved irresistible, and not only for StatoilHydro.
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The project, called Snoehvit, has taken StatoilHydro and the entire oil and gas industry into uncharted territory.
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