PUBLISHED : 3 Jan 2024 at 04:48
Energy conglomerate Bangchak Corporation Plc continues to expand its business in Norway through the acquisition of a 28% share in the Statfjord petroleum field in the North Sea.
The acquisition would increase the shareholding of Okea ASA, which is owned by Bangchak, in Statfjord from its currrent level of 45.4%.
Okea is a Norway-based oil and gas drilling company.
Wannasiri Trongtrakulwong, Bangchak’s executive vice-president…