Statoil selling stake in Brazil offshore oil field

[NewsWhore]

Norway's Statoil says it has agreed to sell a 40 percent stake in its Peregrino offshore oil field near Brazil to a Chinese oil company for $3.07 billion in cash.

More... (http://story.brazilsun.com/index.php/ct/9/cid/24437442923341f1/id/35321731/)