France’s Total buys Denmark’s Maersk Oil for $7.5 billion

22 Aug '17 at 11:57 pm #11350

Participant

Total is being aggressive in controlling North Sea acreage There position is No 2 before this takeover.

Christopher Johnson @chris1reuters

France’s @Total now pumps over 500,000 boepd, or 12%, of #oil and #gas in North Sea, ahead of @Shell and second only to @StatoilASA

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