Maersk Oil CEO steps down following Total takeover

CEO Gretchen Watkins of Maersk Oil will step down after the Danish oil company was sold to France's Total. Two Maersk Oil execs will continue in future roles at Total.

BY DANIEL LOGAN BERG-MUNCH, SHIPPINGWATCH

Maersk Oil CEO Gretchen Watkins will step down when the oil company is acquired by France's Total.

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Total gains further strength in the Gulf of Mexico
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Maersk sells oil division to Total
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Maersk Oil CEO thinks costs can be cut further
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