STAVANGER, Norway, Dec. 17, 2013 (GLOBE NEWSWIRE) -- Statoil ASA (OSE: STL, NYSE: STO) has together with partners in the Shah Deniz consortium in Azerbaijan today made a final investment decision for the Stage 2 development of the Shah Deniz gas field, in the Caspian Sea, offshore Azerbaijan. Statoil also enters an agreement to divest a 10% share of its 25.5% holdings in Shah Deniz and the South Caucasus Pipeline.
Statoil Makes Final Investment Decision On Shah Deniz Stage 2 And Announces A 10 % Divestment
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts