60,000 barrels of oil per day. That is how much German Wintershall - a subsidiary of chemical group BASF - expects to secure from the Norwegian part of the North Sea next year, says the oil company in a press release announcing the purchase of shares for a total USD 1.25 billion in oil and gas fields from Norwegian Statoil.
"With the acquisition of these shares in oil and gas fields, we are continuing on our growth course in Norway and intensifying the cooperation with our partner Statoil," said Kurt Bock, Chairman of the Board of Executive Directors of BASF.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app