08/21/2017 - Press release

Total acquires Maersk Oil for $7.45 billion in a share and debt transaction

Extract from the press release.

Paris – Total is pleased to announce that the Boards of Total and A.P. Møller – Mærsk have both approved the acquisition of 100% of the equity of the E&P company Maersk Oil & Gas A/S (Maersk Oil), a wholly owned subsidiary of A.P. Møller – Mærsk A/S, by Total in a share and debt transaction. 

Learn more by accessing the press release on total.com.