Total purchases Chevron Denmark

Total SA announced acquisition of all the share capital of Chevron Denmark Inc. This will increase Total’s operated share of DUC to 43.2%. Partners are Royal Dutch Shell PLC, 36.8%, and Danish Nordsofonden, 20%. Since 1972 the consortium operates 15 fields in the Central Graben area of the North Sea. Production in 2017 averaged 182,000 boe/d.