Norway's Statoil offers to acquire Canadian firm

Article Abstract:

A $2.2 bil offer has been made by Norwegian petroleum company Statoil ASA for Canada's North American Oil Sands Corp. The Alberta-based firm operates a region with recoverable oil reserves totaling 2.2 bil barrels. Statoil hopes the acquisition will help it meet its 2007 production target.

Canada, Strategy & planning, Planning, Company business planning

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Statoil, Norsk Hydro create on Energy behemouth

Article Abstract:

Statoil ASA of Norway has purchased Norsk Hydro ASA also of Norway petroleum unit for a $30 billion share swap. The new synergy has a market capitalization of over $80 billion and will be ranked the fifth largest petroleum company in the world.

Financial report

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Norsk Hydro to sell polymer unit to Ineos for about $695 million

Article Abstract:

U.K.'s Ineos Capital Ltd. will buy the polymer unit of Norsk Hydro ASA for $695.1 mil. The deal is part of Norsk's restructuring plans that will focus the company on power and aluminum production .

Organizational history, Alkalies and chlorine, Chlor-Alkalies, Alkalies and Chlorine Manufacturing, Plastics Materials and Synthetics, United Kingdom, Company restructuring/company reorganization, Reorganization and restructuring, Polymer industry, Alkali industry, Chlor-alkali industry, Company organization, Chloralkali, Ineos Capital

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