TRONDHEIM, Norway -- Det norske oljeselskap has sold its 15% interest in Goliat (PL 229, PL 229B, and PL 229C) to StatoilHydro for $211 million.
Along with this transaction, Det norske has acquired ownership in two licenses in the Jotun and Frøy areas from StatoilHydro. Det norske will receive 10% interest in PL 102, excluding the producing fields Skirne and Byggve. The license is between Frøy and Jotun. In addition, Det norske receives StatoilHydro's 57% interest in a carve-out area of PL 169, just south of Jotun.
In return, StatoilHydro will receive 10% in PL 265; Det norske will keep a remaining interest of 20%.
The transaction is subject to approval from the Norwegian government.