Statoil selling out in Angola

Statoil is divesting ten percent of its ownership stake in two blocks off the coast of Angola in an effort to maximize the value of core assets, says the company.

BY KATRINE GRØNVALD RAUN

The Norwegian oil company has decided to sell ten percent of its ownership stake in two blocks off the coast of Angola. This is part of Statoil's continuous efforts to optimize and adjust its portfolio, says the company in a statement:

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