Statoil, Hydro merger gets OK

The European Commission has approved the merger between Norsk Hydro ASA's petroleum business and Statoil ASA.

Offshore staff

STAVANGER, Norway --The European Commission has approved the merger between Norsk Hydro ASA's petroleum business and Statoil ASA.

This is a major step toward completion of the merger and approvals are being sought from other jurisdictions as required, says Statoil.

05/03/2007

Sign up for our eNewsletters
Get the latest news and updates