Looking for a specific product?

Make a search for products & suppliers, articles & news.

Statoil and Siemens sign cooperation agreement

Statoil and Siemens have signed a technology development cooperation agreement which will initially embrace wind power, subsea technology, electrical engineering technology and energy efficiency measures.

Cooperation between the companies facilitates the development of future path-breaking technology.

Based on complementary user needs and technological opportunities we aim at developing technological solutions that contribute to more environmentally friendly, effective production.

”This is a strategically important agreement for Statoil,” says Halfdan Knudsen, senior vice president for process and refining technology in Statoil.

Siemens is an important Statoil supplier within several areas, and the two companies already cooperate in the technology development area.

An umbrella agreement has therefore now been developed, structuring the framework of the technology partnership within R&D and technology development and facilitating the start-up of new cooperation projects.

The costs of the cooperation projects are split 50/50 between the parties.

The technology cooperation initially focuses on:

- Wind power
- Subsea technology
- Electrical engineering technology and energy efficiency measures


”In these important areas Statoil needs to work closely with the suppliers in order to ensure the required technology development,” Knudsen says.

Statoil this year spends NOK 2.2 billion on research. About half of this is spent externally.

Siemens last year spent about NOK 31.5 billion on research and development. This represents five percent of the company’s revenues.

Related news

Latest news

Visit at Fiskaa from the Chinese ambassador to Norway

The Ambassador of the People’s Republic of China,

New emission rules 2020 - the reliable way to prove compliance

Reducing ship emissions is a top priority for IMO

United Technologies Opens State-of-the-Art Innovation Center, Announces Plan to Create 100 Additional Jobs

Employees working in the building today-

US Army Corps’ first F-10000 Davit

With space onboard Yaquina for davit operations limited, 

Chairman of IACS pinpoints three key themes of the Association’s strategy for the future

Commenting on the publication of the 2017 Annual Review, 

DNV GL launches alternative fuels white paper

For newbuilding vessels,

MINSHIP Shipmanagement boosts digitalization with DNV GL

MINSHIP is optimizing processes as they are managing a growing fleet. 

The fully electric Future of The Fjords has been launched

The new build is 42m long, 

Winner of Norwegian Export Award 2018 Announced

Airthings is the winner of the Norwegian Export Award 2018.