DENMARK > French oil giant Total acquires Danish Maersk’s oil and gas business in a $7.45 billion deal

Total logo Helped by signs of recovery in the recent oil market, the world’s top oil companies have been on acquisition and takeover trail. On such recent move, French Total is buying Danish Maersk’s oil and gas business in a $7.45 billion deal, to strengthen its operation in the North Sea for Total and Maersk plans to focus on its shipping business More …