Norway Has No Plan To Cut Statoil Stake
OSLO, Feb 22 (Reuters) - The Norwegian government does not plan to cut its stake in Statoil, oil and energy Minister Terje Soeviknes told parliament on Wednesday.
The government holds a 67 percent stake in the oil firm.
There are no plans to cut the government's stakes in fertiliser maker Yara, aluminium maker Norsk Hydro or top bank DNB, industry Minister Monica Maeland said.
(Reporting by Terje Solsvik, editing by Nerijus Adomaitis)
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
Operates 1 Offshore Rigs
- Statoil Takes First Bite Of Solar Market With Brazilian Joint Venture (Oct 04)
- Statoil Charters Last of Largest Oil Tankers to Hold Crude for Asia Buyers (Sep 28)
- Statoil And Partners Plan Output Capacity Expansion At Troll Gas Field (Sep 26)