France’s Total to buy Maersk Oil for $7.45 billion

PARIS, France, Aug 21 – 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 (6.35 billion euros). The company said the deal would make Total the second-largest operator in the North Sea, with substantial operations in Britain, Norway and Denmark. … Continue reading "France’s Total to buy Maersk Oil for $7.45 billion" Read More

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