Slaughter and May advised Maersk Oil on competition and energy law aspects of Total S.A.’s acquisition of Maersk Oil from AP Moller Maersk for $8.1 billion. The transaction, which was completed on 8 March 2018, saw Total acquire Maersk’s upstream oil and gas division with around 1 billion boe of 2P/ 2C reserves and 160,000 boepd production from assets in Europe, Africa, Middle East, North America and South America.
Contacts
Competition: Phillippe Chappatte (partner), Ben Plant (associate); Corporate and Energy: Hywel Davies (partner)
Matter Type
M&A: Seller's Counsel
Industry
Energy & Utilities
News Category
Energy, Utilities & Natural Resources