Offshore staff
STAVANGER, Norway – Statoil is divesting its 5% participating interest in the Eni-operated block 15/06 offshore Angola to the concessionaire Sonangol EP for $200 million.
“This transaction is part of Statoil’s continued optimization process to maximize value and focus financial and organizational capabilities to core assets,” said Tove Stuhr Sjøblom, Statoil Sub-Saharan Africa senior vice president.
Statoil’s equity production from Angola equaled 200,000 b/d in 2013. In addition to the ownership in four producing assets, Statoil also holds participating interests in several other licenses, including exploration blocks in the Kwanza basin offshore Angola.
05/12/2014
