Total has completed the installation of a solar-powered rooftop at its Dubai Lubricants Blending Unit. The project has been managed…
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A.P. Moller – Maersk completed the sale of Maersk Oil to Total, with the latter assuming a short-term debt of $2.5
As part of the agreement Total will take over Maersk Oil’s organisation, portfolio, obligations and rights with minimal pre-conditions
Total’s stake withdrawal will see increase in Kufpec’s stake to 30% in the Norwegian oilfield, which is managed primarily by Statoil
A.P. Moller Maersk will receive a consideration of $4.95bn in Total shares, and Total will assume $2.5bn of Maersk Oil debt.