Energy News Roundup: New Norwegian Oil Player Emerges, Kuwait Looks to Iran for Gas
Breaking Energy 2014-06-03
Summary:
Marathon oil is selling its Norwegian North Sea assets for $2.1 billion as it restructures to focus on US shale developments. “Det Norske, half owned by Aker, an oil services company majority-owned by Norwegian billionaire Kjell Inge Røkke, will increase its production 20-fold and become one of the biggest independent companies operating in the Norwegian part