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Asset swapping, Barents Sea style

STATOIL and Total have agreed to an asset swap in the Barents Sea.

Noel Dyson

Under the deal, Statoil gains 10% equity in PL535 in exchange for 10% equity in PL395. Production licences PL395 and PL535 are situated on the Bjarmeland platform in the central Barents Sea where both...

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