Norwegian oil and gas major Statoil ASA (STO) said Wednesday that its previously announced agreement with Wintershall, which includes the divestment of Statoil's share of the Brage licences, a farm-down in Gjoa and Vega, and acquisition in the Edvard Grieg licence in the North Sea, has been completed.

Norwegian oil and gas major Statoil ASA (STO) said Wednesday that its previously announced agreement with Wintershall, which includes the divestment of Statoil's share of the Brage licences, a farm-down in Gjoa and Vega, and acquisition in the Edvard Grieg licence in the North Sea, has been completed.

-At 1108 GMT shares traded 0.5% higher at NOK127.90.