Tullow Pays PE Firm $670M For Norwegian Oil Co.
By Jake Simpson ( December 11, 2012, 4:05 PM EST) -- UK-based Tullow Oil PLC said Tuesday that it will snap up oil exploration company Spring Energy Norway AS from Norwegian energy-focused private equity firm HitecVision in a deal that could be worth $670 million and announced plans to focus on its core African and Atlantic operations and sell off European assets....
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