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Media: Shell pulls out of the Danish North Sea

Shell will sell its shares in the Danish Underground Consortium (DUC), which holds the majority of oil production in the Danish North Sea shelf. This is according to news media Reuters based on information disclosed by three anonymous bank sources.

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Statoil awards oil contracts worth billions

Oil company Statoil has awarded three contracts to three different suppliers valued at a total NOK 8 billion. One of the agreements goes to Aker Solutions, which recently landed a large contract with Maersk Drilling.

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