Statoil ASA (NYSE:STO) has signed an agreement with OMV to hand over the stakes in seven exploration licenses to OMV. Five of these licenses are located in the Faroe Islands and two of them are in Norway. Statoil and OMV had announced in August that they would cooperate in exploration activities. This agreement resulted from the discussions between the two companies.
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Hira is a financial analyst whose expertise lies in commodity and other financial markets. Hira is currently an independent financial consultant and is working with many international firms like American Arab Solutions (AAS). She has previously served as a Senior Research Analyst at Alternate Research (Pvt.) Ltd. as the Team Leader for the International Equities Research. She has also worked as an equities analyst of Pakistani E&P stocks at Invest Capital Markets.
She has experience in business development and conducting feasibility studies in commodity markets, specifically in sugar, palm oil and canola oilseeds. She has cleared all three levels of her CFA (Chartered Financial Analyst) and has an undergraduate degree in Finance.
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