Statoil to book $1.3-$1.5 gain on asset sale to OMV

Newswire

OSLO, Oct 31 (Reuters) - Norwegian oil major Statoil expects to book a gain of between $1.3 billion and $1.5 billion from a recent deal to sell assets in four British and Norwegian fields to Austria's OMV, it said on Thursday. Statoil said the deal, which includes $2.65 billion in cash and a further payment based on a partnership between the two companies, has been closed.

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