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Statoil vies for a stake in Abu Dhabi's offshore oil

A Norwegian diplomatic dispatch says Statoil is among the companies in talks with the Abu Dhabi National Oil Co. regarding offshore production in the UAE.

Photo: Statoil/AP Photo/Polfoto

Statoil ASA is among producers involved in discussions with the Abu Dhabi National Oil Co. about joining offshore production in the emirate, according to a Norwegian diplomatic dispatch.

"All the major oil companies, including Statoil, are positioning themselves for a cooperation with Adnoc in the offshore segment," Norway’s embassy in Abu Dhabi wrote in a message to the Foreign Ministry in Oslo dated Aug. 17, which was obtained by Bloomberg through a freedom-of-information request.

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