Total Boosts North Sea Business With $7.5 Billion Maersk Oil Acquisition
Transaction Type
Buyers
Basin
North Sea
Announce Date
Post Date
Close Date
Estimated Price
7.5BB
Description
To acquire 100% of Maersk Oil's equity in a share and debt transaction; includes North Sea assets in the UK, Norway and Denmark, plus conventional assets in the US GoM, Algeria, E Africa, Kazakhstan and Angola. (Expected to close 1Q 2018)