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Total gears up for asset sale
July 10, 2018

Total gears up for asset sale

French supermajor, Total is looking forward to the sale of its interest in Laggan Tormore field, with some other oil and gas assets in the North Sea region. Sources say that the asset sale might fetch Total almost $15 billion. Bank of America Merrill Lynch will handle the sale of the 20% stake in Laggan Tormore process, while Investment bank Lambert Energy will lead the sale of the other 40%.

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