27 November 2017
Energy Company of the Year—large cap
Total
Total's multi-billion-dollar acquisition of Danish firm Maersk Oil shows it is a company committed to building economies of scale and that oil and gas M&A was back with a vengeance. The $7.45bn deal announced in August, in which AP Moller-Maersk will receive $4.95bn in Total shares while Total will take on $2.5bn of Maersk Oil debt, reinforced Total's position as one of the major players in the North Sea—and beyond. The deal is expected to close in the first quarter of 2018. The firm's financial results show it is one of the most resilient of the oil and gas majors. Adjusted net income for the first nine months of this year was over 30% higher than a year earlier, at $7.7bn. Third quarte
Also in this section
11 March 2026
De la Rey Venter, CEO of LNG player MidOcean Energy, discusses strategy, project developments and the prospects for the LNG market
10 March 2026
From Venezuela to Hormuz, the US—backed by the most powerful military force ever assembled—is redrawing not only oil and gas flows but also the global balance of energy power
10 March 2026
By shutting the Strait of Hormuz, Iran has cut exports of distillate-rich Middle Eastern crude, jet fuel and diesel, and is holding the energy market hostage
10 March 2026
Eni’s director for global gas and LNG portfolio, Cristian Signoretto, discusses how demand will respond to rising LNG supply, and how the company is expanding its own gas and LNG operations through disciplined, capital-efficient investments
