Statoil acquires stake in South Africa’s Tugela South

01 November 2015, News Wires – Statoil hs announced that it has completed a farm-in transaction with ExxonMobil Exploration and Production South Africa Limited to acquire a 35 percent interest in the ER 12/3/154 Tugela South Exploration Right, located offshore South Africa. Work commitments in the license between 2015 and 2017 include the acquisition of 386 square […] More »