Kingdom of Norway completes partial privatisation and initial public offering of Statoil worth $2.9bn.

Kingdom of Norway advised by Clifford Chance (John Connolly) and Thommessen Krefting Greve Lund. Statoil advised by Lovells, Sullivan & Cromwell and Wiersholm Mellbye & Bech. Underwriters advised by Davis Polk & Wardwell and Wikborg Rein & Co.