National oil companies look to #Statoil for Deepwater expertise

National oil companies, such as China’s Sinopec and Mexico’s Pemex,  are looking to Statoil to provide them with knowledge and expertise on deepwater drilling and exploration. Mexico’s President Felipe Calderon, recently announced Mexico’s Pemex was in talks with the Norwegian giant, and Statoil indicated a few months ago they were in negotiations with Sinopec over a potential deepwater deal.

After the failed collaboration with India’s Oil and Natural Gas Corporation (ONGC) last summer, the success of these partnerships are even more critical to Statoil, who are looking to leverage their strength in knowledge and technical expertise in deepwater drilling to grow their E&P business.

Tim Dodson, Executive Vice President for Exploration for Statoil will be outlining Statoil’s strategy to overcome deepwater challenges and expand their E&P portpolio at the World National Oil Companies Congress on June 22 in London. Click here to see his presentation and click here to see the rest of the speaker line up.