March 9, 2010 / 3:45 PM / 8 years ago

BRIEF-Statoil ups stake in St. Malo develoment

OSLO, March 9 (Reuters) - Statoil (STL.OL) said:

* Upped stake in Gulf of Mexico field

* Now has 21.5 pct in St. Malo development after buying stake from Devon (DVN.N)

Reporting by Oslo newsroom

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