Total completes Maersk acquisition

TOTAL has closed its acquisition of Maersk Oil, which it signed August 21 last year, bringing the French supermajor an additional billion barrels of oil equivalent of 2P and 2C reserves and resources, mostly across OECD nations. 

Total completes Maersk acquisition Total completes Maersk acquisition Total completes Maersk acquisition Total completes Maersk acquisition Total completes Maersk acquisition

Total CEO Patrick Pouyanne

Total will also acquire additional production of 160,000boepd for the year with that forecast to increase by another 25% by early next decade.