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Lundin Norway Increases Stake in Edvard Grieg

Source: www.gulfoilandgas.com 6/1/2016, Location: Europe

(Lundin Petroleum) is pleased to announce that the Norwegian Ministry of Petroleum and Energy has granted approval for the transaction where Lundin Norway AS will acquire from Statoil Petroleum AS an additional 15 percent interest in the Edvard Grieg field and interests in associated pipeline assets (the Transaction).

Following the Lundin Petroleum EGM approval received on the 30 May 2016, Lundin Petroleum expects to complete the Transaction on 30 June 2016.

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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