EnergyWatch

Total to offload former Maersk Oil fields

Only one year has passed since Total took over North Sea oil fields from Maersk Oil, and now the French oil company is looking into selling the fields.

Photo: Total

Total has begun a process to divest North Sea oil fields, including several of the fields it purchased from Maersk Oil just one year ago.

Specifically, this pertains the sale of three oil fields that can provide Total with USD 1.5 billion, several sources say to Reuters.

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