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Statoil Sees Unchanged 2016 Foreign Development

Maritime Activity Reports, Inc.

November 23, 2015

Oil major Statoil's activity level outside its Norwegian home base will be largely unchanged in 2016 compared to 2015, the company said on Monday.

"For us, it will be more or less flat," Lars Christian Bacher, head of international development and production for Statoil told Reuters, when asked what the activity level will be next year compared to this year.

Reporting by Gwladys Fouche

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