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Moller-Maersk to retain ‘secondary liability’ for decom costs in Total transaction

Denmark’s energy regulator has given the nod for the sale of Maersk Oil to French energy giant Total to go ahead.

But the Danish Energy Agency has set out certain conditions for granting its approval.

Seller Moller-Maersk must retain “secondary liability” for the decommissioning of existing Danish offshore facilities in line with Maersk Oil’s 31.2 % interest in the Danish Underground Consortium.

To read full article - https://www.energyvoice.com/oi...
Photo Credit - Energy Voice

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