Wednesday, December 24, 2014

Norwegian oil fund does BP – Swedish newspaper Svenska Dagbladet

Norwegian oil fund does BP – Swedish newspaper Svenska Dagbladet

Oil Fund owned a large number of shares in BP and after the disaster dropped these shares 8.3 billion Norwegian kroner in value.

The lawsuit was filed in Texas along with European and American investors, but oil fund does not want to disclose Dagbladet how large the claim is.

– We believe that BP has misinformed about some conditions surrounding the security of their deepwater operations, said Thomas Sevang, communications manager for the Oil Fund, or the Government Pension Fund abroad which is the formal name.

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