France's Total has sold a clutch of non-core assets in the UK North Sea to a pairing of Norwegian private equity player HitecVision and Petrogas of Oman in a deal worth $635 million.
Petrogas NEO UK is getting its hands on a quartet of 100% Total-operated fields, among other assets, all of which are located in the eastern North Sea and were acquired by the French giant as a result of its $7.45
