Business: Statoil sells stakes in four oil fields for $2.6B

Source: The Associated Press

- Last modified: August 19, 2013 at 9:02 AM

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(AP) - Norway's Statoil says it has sold stakes in four North Sea oil fields for $2.6 billion. The deal is part of long-term plans to shift its focus toward more profitable — but capital-intensive — fields elsewhere on the Norwegian continental shelf.

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