Total's plans to locate its regional headquarters for Denmark, the Netherlands, and Norway in Copenhagen after its acquisition of Maersk Oil has prompted concern in Norway, where the French oil company is a major player.
According to Norwegian daily Dagens Næringsliv, Petter Osmundsen, a professor in petroleum economics, believes that the announcement is a reflection of the tax pressure which exists in Norway and which has led many large companies to focus more activity on Denmark and the UK.
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