Statoil Met Police over Angola Payments, Norway Says
OSLO, Feb 19 (Reuters) – Norway's Statoil met Norwegian police this week to exchange information about payments made to Angola's state energy firm Sonangol, the Norwegian oil ministry said on Friday.
The payments, made over a four-year period, were earmarked for the establishment of a research and technology centre, Oil Minister Tord Lien said in a letter to Norway's parliament.
In a letter published by the ministry, Statoil said the payments were appropriate and part of the company's contractual obligation in Angola.
"As earlier described, the payments ... do not violate relevant anti-corruption legislation. This is not altered by the fact that there is little available information regarding the progress in setting up the research and technology centre," Statoil wrote.
The Norwegian government own 67 percent of Statoil.
The company was not immediately available for comment.
(Reporting by Terje Solsvik and Stine Jacobsen; editing by Adrian Croft)
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 May Build Onshore Terminal for Castberg Oil -Minister (Jan 16)
- Canadian Offshore Oil Interest Grows As Pipeline Woes Sink Alberta Prices (Dec 20)
- Sharp Fall In Applications For Norway's Arctic Oil Permits (Dec 05)
Company: Sonangol more info
- Buyers Eye Sinopec's Argentina Oil Assets in Sale Worth Up to $1B - Sources (Oct 09)
- US Oil Firm Cobalt Files For Arbitration Against Angola For $2B (May 12)
- US Firm Cobalt Threatens Arbitration Over Angolan Oil Assets (Apr 03)