Total deepens North Sea exposure with $7.5 billion Maersk Oil deal

Aug 21, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

PARIS/COPENHAGEN (Reuters) – Total is buying Maersk’s oil and gas business in a $7.45 billion deal which the French major said would strengthen its operations in the North Sea and raise its output to 3 million barrels per day by 2019.