19 May 2024
Statoil sells Shah Deniz interests to Petronas for USD 2.25 billion
Publication date: 13 October 2014
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Statoil has exited the Shah Deniz project, selling its 15.5% participating interest in the production sharing agreement (PSC) and stakes in associated companies to Malaysia’s Petronas for USD visual_editor.visual_editor5 billion, the Norwegian company confirmed on Monday.