France's Total Says It Will Buy Maersk Oil For $7.45 Billion

Muhammad Rameez Published August 21, 2017 | 12:35 PM

France's Total says it will 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

PARIS, (UrduPoint / Pakistan Point News - 21st Aug, 2017 ) : 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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