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Statoil to sell UK, Norway offshore fields stake for $2.65bn

2013-08-20 01:00:00| Offshore Technology

Statoil has signed a deal to sell its stake in offshore oil and gas fields located in Norway and the UK to OMV for $2.65bn.

Tags: sell fields norway offshore

Kitsault Energy partners with Asian firm to develop gas fields in Canada

2013-08-20 01:00:00| Hydrocarbons Technology

Canada-based Kitsault Energy has signed a memorandum of understanding (MOU) with an Asian oil and gas company to develop the Northeast British Columbia and Northwest Alberta Natural Gas (NG) fields in the country.

Tags: canada partners energy firm

OMV buys key Statoil oil fields for at least $2.65 billion

2013-08-19 12:58:32| Oil & Gas - Topix.net

India's currency cartwheeled to historic lows on Monday while markets in Indonesia took a spill, evidence of how rising U.S. yields are making it harder for emerging nations to fund their current account deficits.

Tags: key fields oil billion