08/03/2018 - Perscommuniqué
Total Closes the Maersk Oil Acquisition and Becomes the Second-Largest Operator in the North Sea
Paris - Total announces the closing of the Maersk Oil acquisition signed on 21st of August 2017. It brings to Total around 1 billion barrels of oil equivalent of 2P/2C reserves and resources, mainly in the OECD countries, and a production of about 160,000 barrels of oil equivalent per day (boe/d) in 2018, ramping up to more than 200,000 boe/d by the early 2020s.
Learn more by accessing the press release on total.com.