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German firm buys shares in North Sea oil, gas

2014-09-12 13:49:33| Chemicals - Topix.net

Germany's Wintershall says it is buying shares in North Sea oil and gas fields from Norwegian company Statoil for $1.25 billion. Wintershall, a subsidiary of BASF SE, said Friday that the transaction is expected to close by the end of the year.

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