Tue, 24 May 2011

From: Reuters

OSLO May 24 (Reuters) - Norwegian oil and gas firm Statoil (STL.OL) said on Tuesday it would aquire stakes in three offshore exploration licenses in Indonesia.

The firm said it would acquire a 40 percent equity interest in a North Makassar Strait Production Sharing Contract (PSC) and "a similar interest" in two additional offshore PSC