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
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