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FINANCING

Statoil sells HQ building

STATOIL's cost cutting campaign has extended to selling its corporate head office building in the Forus East industrial district of Stavenger, Norway.

Blair Price
Statoil sells HQ building

The Norwegian oil giant has struck an agreement with Colony Capital over the sale while it also bedded down a 15-year lease agreement for the building with an extension option. Statoil has valued the...

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