BUSINESSWEEK ONLINE : SEPTEMBER 4, 2000 ISSUE
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INTERNATIONAL -- EUROPEAN BUSINESS The Big Players in Norway's Oil Fields STATOIL 100% state-owned producer pumps 620,000 barrels a day. Revenues of $20 billion. Market value--if publicly traded--would be almost $17 billion. NORSK HYDRO Energy conglomerate 44% owned by the state. Production of more than 400,000 barrels daily. Market value: $11 billion. STATE DIRECT FINANCIAL INTEREST The Norwegian government's oil and gas properties. And there are a lot of them: 16 billion barrels of reserves with an estimated market value of almost $30 billion. DATA: DEUTSCHE BANK, BUSINESS WEEK _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _					RELATED ITEMS Statoil No Longer Looks Sacred (int'l edition) TABLE: The Big Players in Norway's Oil Fields INTERACT E-Mail to Business Week Online

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