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Tuesday, 06/12/2012 1:16:32 PM

Tuesday, June 12, 2012 1:16:32 PM

Post# of 210
11:22 AM Statoil (STO +1.4%) signs a deal to buy a floating production, storage and offloading unit from Maersk for an undisclosed figure. The unit has been used at the STO-operated Peregrino field offshore Brazil since production start-up in 2011; Peregrino has a storage capacity of 1.6M bbls of oil and produced at least 15M bbls during its first year of operation