By Fred Pals
Aug. 2 (Bloomberg) — E.ON AG, Germany’s biggest utility, agreed to buy a 28 percent stake in two Norwegian gas fields from Royal Dutch Shell Plc to increase its natural-gas production.
E.ON will pay Shell $893 million for stakes in the Skarv and Idun fields, the Dusseldorf-based company said in a statement today on its Web site.
To contact the reporter on this story: Fred Pals in Amsterdam at email@example.com
Last Updated: August 2, 2007 05:32 EDT