Wednesday 18 May 2016

Statoil to help tap Turkish gas


OIL AND GAS
Statoil to help tap Turkish gas Stavanger, Norway (UPI) May 16, 2016 - Norwegian energy company Statoil said Monday it signed an agreement with a Canadian exploration company to help explore the shale gas potential in Turkey. According to the terms of an agreement, Statoil takes a 50 percent stake in the Barnali license in northwestern part of Turkey, while Toronto-listed Valeura Energy keeps the remaining shares and stays on as the operator in an area kno ... more

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