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Statoil sells Mozambique license stake to Tullow

August 14, 2012 Comments Off on Statoil sells Mozambique license stake to Tullow

August 14, 2012, 8:20 am

OSLO (Reuters) – Norwegian oil firm Statoil has sold a 25 percent stake in its exploration license off Mozambique, which consists of two blocks, to Tullow Oil plc, it said on Tuesday.
“The farm-down reflects the attractiveness of Statoil’s acreage in Mozambique and h…

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