Friday 29 March 2024
 
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oil business

Total acquires Maersk’s oil and gas unit for $7.45bn

French oil major Total has announced plans to buy the oil and gas business of A P Møller – Mærsk in a $7.45 billion deal saying the move will strengthen its operations in the North Sea.   Total

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Non-oil sector accounts for 69.5pc of Abu Dhabi GDP

Non-oil businesses account for 69.5 per cent of Abu Dhabi GDP as per the current prices during the last quarter of 2016, while oil businesses represent 30.5 per cent, said the director-general of Abu Dhabi Statistics Centre (ADSC).

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Non-oil sector accounts for 69.5pc of Abu Dhabi GDP

Non-oil businesses account for 69.5 per cent of Abu Dhabi GDP as per the current prices during the last quarter of 2016, while oil businesses represent 30.5 per cent, said the director-general of Abu Dhabi Statistics Centre (ADSC).

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