Oil Business
EU: France’s Total is buying Maersk Oil for US$7.5 billion
Total is buying Maersk’s oil and gas business in a US$7.45 billion deal which the French company said would strengthen its operations in the North Sea and raise its output to 3 million barrels per day by 2019. For Danish company A.P. Moller Maersk, the sale of Maersk Oil, with reserves equivalent to around 1 […]
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