Total: completes asset sale to NEO Energy
(CercleFinance.com) - Following regulatory approvals and the agreement of partners, Total announces that it has completed the sale of non-core assets in the UK North Sea to NEO Energy, a transaction that the energy group confirmed on 20 May.
"This sale of assets contributes to the action plan currently being implemented to address the economic crisis by focusing on cash delivery and demonstrates our ability to relentlessly lower the breakeven of our portfolio," declared Jean-Pierre Sbraire, Total's Chief Financial Officer.
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"This sale of assets contributes to the action plan currently being implemented to address the economic crisis by focusing on cash delivery and demonstrates our ability to relentlessly lower the breakeven of our portfolio," declared Jean-Pierre Sbraire, Total's Chief Financial Officer.
Copyright (c) 2020 CercleFinance.com. All rights reserved.