The exploitation permit given to the companies is the first for storage of CO2 on the Norwegian shelf. The Norwegian government has granted Total and its partners Equinor and Shell permission to develop CO2 storage near the Troll oil and gas field in the North Sea.
Bringing Total around 1 billion barrels of oil equivalent of 2P/2C reserves and resources and a production of about 160,000 barrels of oil equivalent per day (boe/d) – Total’s acquisition of Maersk oil will help to reinforce the group’s leading position in the UK and Norway.
On February 06 2018, Total Marine Fuels Global Solutions (TMFGS) and Mitsui O.S.K. Lines, Ltd. (MOL) signed a long-term charter contract for a large LNG bunker vessel of 18,600 m³. Delivered in 2020, she will operate in Northern Europe and will be the first ever vessel
Total has agreed to acquire Maersk’s oil business, Maersk Oil for $7.45bn in a share and debt transaction. The transaction has been approved by the boards of Total and A.P. Møller – Mærsk, but is still subject to regulatory approval. The transaction is expected to close in the first