Statoil possible candidate for BP acquisitionsBP will get rid of NOK 185 billion worth of assets over the next 18 months. A Norwegian oil industry professor thinks it's likely that Statoil will pick up some of the assets. - Statoil has money and is pushing forward all over the world. BP will sell assets worth several hundred Norwegian kroner, but I don't know which assets they are going to sell, and which Statoil would like to buy, Professor Øystein Noreng tells Norwegian business website E24. BP has said that they will sell assets worth more to other companies than BP, and this way high grade their portfolio. Statoil have gained a foothold in the deep water regions of the Gulf of Mexico over the last decade, and the BP have a collection of assets, including the Macondo well, in this region. - BP will sell some of their assets in the Gulf of Mexico, but it is not yet known whether or not this will be deep water assets, says Noreng.
|
More headlines
Macondo well no longer a threat
American authorities have declared BP's Macondo well in the Gulf of Mexico as safe. Simultaneously, the company's expenses in regards to the oil spill recovery total eight billion USD.
» Read more » World News
Transocean leaders accused of bullying
Offshore managers at drilling giant Transocean UK have been accused of bullying, aggression, harassment, humiliation and intimidation in a report by the UK safety regulator.
» Read more » Companies, people & positions
Getting ready for Dalsnuten
After disappointing results on Gro, Shell is making the drilling unit "Aker Barents" ready for exploration drilling on Dalsnuten.
» Read more » Norwegian Sector
New pipeline go-ahead
The Petroleum Safety Authority Norway has granted Statoil consent to use the new pipeline L-103 from subsea template L to Åsgard B.
» Read more » Norwegian Sector
