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Statoil divests 15.5% stake in Shah Deniz field for $2.25bn

2014-10-14 01:00:00| Offshore Technology

Norwegian energy firm Statoil has sold its 15.5% stake in the Shah Deniz field in Azerbaijan to Malaysia's Petroliam Nasional Berhad (Petronas) for $2.25bn.

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Category:Energy and Environment

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