OSLO (Reuters) - Norway's Statoil has sold its remaining 15.5 percent stake in the Azeri gas project Shah Deniz to Malaysia's Petronas [PETRA.UL] for $2.25 billion, the latest in a string of asset sales made to shore up returns to shareholders.
Reuters: Business News, Reuters: Business
Sun, 10/12/2014 - 11:29pm
OSLO (Reuters) - Norway's Statoil has sold its remaining 15.5 percent stake in the Azeri gas project Shah Deniz to Malaysia's Petronas [PETRA.UL] for $2.25 billion, the latest in a string of asset sales made to shore up returns to shareholders.