Saturday 18 October 2014

Marathon closes on sale of Norwegian subsidiary

OIL AND GAS
Marathon closes on sale of Norwegian subsidiary
Stavanger, Norway (UPI) Oct 16, 2014 - Norwegian energy company Det norske said Thursday it's one of the largest operators in the region now that it closed on an acquisition of a Marathon subsidiary. Det norsk oljeselskap paid $2.7 billion total for the subsidiary in a deal unveiled in June. "The sale of the Norway business was one of Marathon Oil's strategic priorities for 2014 and a continuation of our portfolio opt ... more


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