(EnergyAsia, December 20) — Two Norwegian companies, Statoil and Hydro, have agreed to merge their oil and gas operations to create the world’s largest offshore operator with a strengthened platform for future growth. The new company, which has not been named yet, will have a combined production of 1.9 million barrels per day in 2007…
COMPANIES: Norway’s Statoil takes over Hydro’s oil and gas activities
Posted on December 20, 2006 by EnergyAsia