Statoil divests assets for billions in Azerbaijan
Statoil has sold its 15.5 percent stake in the Shah Deniz gas field along with other activities in Azerbaijan. The transaction is worth USD 2.25 billion, according to the oil company.
BY KATRINE GRØNVALD RAUN
Norwegian oil company Statoil has divested activities in Azerbaijan, says the company in a corporate statement.
Already a subscriber?Log in here
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.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Statoil makes first move north of the Arctic Circle
For subscribers
Statoil cost reductions hurt subcontractors
For subscribers
