Statoil is taking over Anadarko Petroleum Corp's 25 percent stake in the Nexen-operated Knotty Head discovery and its 27.5 percent stake in the Chevron-operated Big Foot discovery.
Statoil also is acquiring Anadarko's 27.5 percent working interest in the Chevron-operated Big Foot North prospect in the gulf.
Statoil will pay Anadarko USD 901 million for the three projects, which Statoil's chief executive claimed were "an excellent strategic fit" with the Norwegian company's other deepwater assets in the Gulf of Mexico.
Statoil had acquired working interests earlier this year in Big Foot, Big Foot North and Caesar from Plains Exploration and Production, all located in the Greater Tahiti and Walker Ridge areas of the gulf. Anadarko's assets are also in those areas.
