Total Set To Buy Maersk Oil For $7.45 Billion - EazyFeeds

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Monday, 21 August 2017

Home Business Total Set To Buy Maersk Oil For $7.45 Billion

Total Set To Buy Maersk Oil For $7.45 Billion

French oil giant Total said Monday that it would buy Maersk Oil, a unit of the Danish shipping giant A.P. Moller-Maersk, for $7.45 billion.

The company said the deal would make Total the second-largest operator in the North Sea, with substantial operations in Britain, Norway and Denmark.

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