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Det Norske Oljeselskap ASA (DETNOR.OL)

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Fri, Jun 10 2016

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BP and Det norske agree $1.3 billion Norwegian oil merger

OSLO/LONDON Oil companies BP and Det norske have agreed to merge their Norwegian businesses in a $1.3 billion all-share deal to cut costs, challenge Statoil's dominance of the local industry and look for more acquisitions.

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