Thailand enters the Canadian oil sands; Statoil selling 40% interest to PTTEP for US$2.28B
Green Car Congress
NOVEMBER 23, 2010
Statoil has agreed to sell a 40% interest in its oil sands project in Alberta, Canada (Kai Kos Dehseh) to PTT Exploration and Production (PTTEP) of Thailand. Future development of the oil sands leases will proceed in a stepwise manner.
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