Search results for: Maersk Developer

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  • 22 May 2017
    Business & Finance

    Svitzer, part of the Maersk Group, has been awarded a 20-year concession to provide terminal towage services to the Tanger Med 2 Port in Morocco. The new contract carries a value of ”several hundred million USD” and calls for a total of 9 vessels by the end of the concession, the company said. The new container […]

  • 13 June 2017
    Business & Finance

    French liner company CMA CGM has signed a binding deal with Danish counterpart Maersk Line to acquire Mercosul Line that operates in Brazil’s domestic container shipping market. As explained, the acquisition of Mercosul Line would allow CMA CGM to strengthen its service offering to and from South America, most notably in Brazil, which was described […]

  • 17 January 2017
    Business & Finance

    Norway-based Link Mobility Group ASA revealed it will develop and integrate custom mobile solutions for Maersk Tankers, part of the Danish shipping conglomerate Maersk. Link said it is working on creating a dynamic mobile app framework, which is expected to strengthen the digitalization of internal processes and workflows at Maersk Tankers. The framework is scheduled to be […]

  • 6 July 2011
    Business & Finance

      The A.P. Moller – Maersk Group has joined the World Ocean Council to support global leadership and collaboration on ocean sustainability. Through its signatory to the World Ocean Council, Maersk supports the efforts to promote sustainable development and stewardship through collaboration across private sector industries. The World Ocean Council is the only international organisation […]

  • 6 July 2020
    Business & Finance, Ports & Logistics

    A.P. Moller – Maersk has reached an agreement with Bridgepoint Development Capital to acquire KGH Customs Services (KGH), a Sweden-based specialist in trade and customs management services in Europe. The move is aimed at bolstering Maersk’s capabilities as an integrated container logistics company. Maersk plans to acquire KGH for a consideration of $ 279 million […]

  • 21 August 2017
    Business & Finance

    Danish transport and energy conglomerate A.P. Møller – Mærsk A/S has signed an agreement to sell Maersk Oil to Total S.A  for USD 7.45 billion in a combined share and debt transaction. As explained by Maersk, the separation of the energy businesses was decided as part of last year’s strategic decision to focus the group’s future activities […]

  • 31 May 2012

    Maersk Oil, a fully-owned subsidiary of the A.P. Moller – Maersk Group, has signed a definitive agreement with Noble Energy Inc for the purchase of their 30% interest in the Maersk Oil operated Dumbarton and Lochranza fields, as well as the Global Producer III FPSO (Floating Production Storage and Offloading) installation in the UK Central […]

  • 3 January 2018
    Business & Finance, Operations & Maintenance, Project & Tenders

    Maersk Drilling has been awarded a four-year contract for the deepwater drillship Maersk Venturer by Tullow Ghana. The contract, which was signed December 2017, is expected to begin in February 2018 and covers development drilling on the Jubilee and TEN fields offshore Ghana. Maersk Venturer is currently in transit for the job offshore Ghana thereby […]

  • 13 April 2016

    A 114 meters tall jacket, built for Mearsk Oil, has left Heerema’s Vlissingen yard, and it is heading to the Culzean field offshore UK. Maersk Oil received an approval for the field development from the UK Oil & Gas Authority in August 2015. The jacket is a part of a wellhead platform, which along with […]

  • 22 September 2016
    Business & Finance

    Danish shipping and energy conglomerate A.P. Møller – Maersk A/S  has decided to reorganise its portfolio of businesses into two independent divisions; an integrated Transport & Logistics division and an Energy division, following a three-month strategic review. The group’s Transport & Logistics division will consist of Maersk Line, APM Terminals, Damco, Svitzer and Maersk Container Industry, […]

  • 17 August 2018
    Exploration & Production

    Danish maritime giant Maersk has decided to “demerge” its drilling business Maersk Drilling via a separate listing of Maersk Drilling on Nasdaq Copenhagen in 2019.

  • 17 June 2011
    Business & Finance

    Maersk Oil, a fully-owned subsidiary of the A. P. Moller – Maersk Group, has approved its investment of $1 billion in the Field Development Plan for the Golden Eagle Area in the UK North Sea. Maersk Oil has a non-operated interest in the fields of 31.56% and its estimated share of reserves is expected to […]

  • 12 May 2017

    Danish oil company Maersk Oil has recorded a profit in the first quarter of 2017, stating higher oil prices as one of the main reasons.  Maersk Oil said that the company’s underlying profit was $328 million opposed to a loss of $29 million for the 1Q 2016. This is understandable as an average oil price in the […]

  • 25 June 2018
    Business & Finance, Exploration & Production

    Maersk Drilling has secured a contract extension for the jack-up rig Maersk Convincer with Brunei Shell Petroleum (BSP) in Brunei.

  • 26 February 2020
    Business & Finance

    Maersk has secured a new sustainability-linked revolving credit facility of USD 5 billion.

  • 17 June 2011
    Business & Finance

    Maersk Oil, a fully-owned subsidiary of the A. P. Moller – Maersk Group, has approved its investment of $1 billion in the Field Development Plan for the Golden Eagle Area in the UK North Sea. Maersk Oil has a non-operated interest in the fields of 31.56% and its estimated share of reserves is expected to […]

  • 15 March 2016
    Operations & Maintenance, Project & Tenders

    Harkand has been awarded a multi-million pound contract with Maersk Oil North Sea UK to deliver subsea support services including a commissioning support campaign for the Flyndre development. The Flyndre development is located in the south-eastern part of the Central Graben Basin in the North Sea. Harkand’s Aberdeen office will oversee the mobilisation of the dive […]

  • 4 November 2010
    Business & Finance

    AMEC,the international engineering and project management company, has been appointed by Maersk FPSOs to carry out the front-end engineering design (FEED) for modifications to the Curlew floating production storage and offloading vessel (FPSO) in the central North Sea. The value of the contract has not been announced. AMEC’s FEED scope of work is partof a […]

  • 10 June 2016
    Business & Finance

    Danish shipping giant Maersk Group has not lowered its standard or changed its responsible ship recycling policy after the engagement in Alang, India, the company said responding to reports that beaching is “undermining its credibility as a responsible ship operator.” “The development in recent years in Alang have seen a number of certified yards capable of recycling to our standards. In […]

  • 20 October 2015
    Business & Finance

    Maersk Drilling has announced new Head of Human Resources to take over from Jesper B. Madsen, as of November 1, 2015. Namely, Lene Reitzel will return to Maersk Drilling after two years in Maersk Tankers, to replace Madsen, the company said on Tuesday. Madsen will take over the leadership of Maersk Oil’s HR department. Claus V. […]

  • 17 August 2009

    Thomas Thune Andersen will leave his position as CEO of Maersk Oil and partner in Firmaet A.P. Møller as of the end of August. New CEO of Maersk Oil will be Jakob Thomasen who recently has been head of exploration and business development in Maersk Oil. Furthermore, he will become a member of the Executive […]

  • 12 December 2011
    Business & Finance

    Maersk and the U.S. Navy are testing algae-based biofuel on the container ship Maersk Kalmar. The ship is en route from Northern Europe to India. Maersk Kalmar has two key attributes that make it a suitable vessel for biofuel testing. The 300 meter-long container ship has a dedicated auxiliary test engine, which reduces the risks […]