Watching the World: Norway setting up its stall

Lining up Norway's 30-year-old state-owned oil and gas giant Statoil AS for partial privatization, while at the same time reapportioning a slice of the country's lucrative stake in its offshore assets, the SDFI, has, understandably, been a slow-rolling process for the Scandinavian country. To non-Norwegians, it has also been a largely opaque one, as stock market regulations have meant a blackout in US publications of new information regarding the company in the run-up to its initial public offering.But with the words, "We'll be ready to go to market from June 18," Statoil CEO Olav Fjell last week finally fired the official starting gun to give institutional investors their fir...

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