Statoil-Repsol in swap deal

摘要

Norway’s Statoil and Spain’s Repsol have agreed a swap deal that includes assets in Norway, the UK, the USA and Brazil. Under the deal, Statoil will offload a 15% stake in the Gudrun field on the Norwegian Continental Shelf (NCS) to Repsol. Statoil will remain the operator of Gudrun and largest equity holder with a 36% stake.