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. Production volumes from the partnership will continue to be handled and marketed by Statoil Canada Ltd.
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