Total closes Maersk Oil acquisition, becomes second-largest operator in North Sea

Total announces the closing of the Maersk Oil acquisition signed on Aug. 21, 2017. It brings to Total around 1 Bboe of 2P/2C reserves and resources, mainly in the OECD countries, and a production of about 160,000 boed in 2018, ramping up to more than 200,000 boed by the early 2020s. More »