Search results for: Maersk Drilling

30817 results

A list of search results

  • 24 August 2018
    Exploration & Production

    Danish driller Maersk Drilling has named Jesper Ridder Olsen its new Chief Financial Officer, following an announcement by Maersk last week that it will demerge the drilling unit via the Nasdaq Copenhagen listing in 2019.

  • 21 February 2019
    Business & Finance

    Maersk has initiated the demerger and separate listing of Maersk Drilling Holding.

  • 27 May 2020
    Business & Finance, Business developments & projects, Exploration & Production, Market outlooks, Outlook & strategy

    Maersk Drilling believes that continued rig scrapping is needed to obtain a healthier balance between rig demand and supply.

  • 8 May 2020
    Business & Finance, Business developments & projects, Human Capital

    Offshore drilling company Maersk Drilling has decided to take another swing with the job axe and lay off even more staff.

  • 16 May 2019
    Business & Finance, Exploration & Production

    Danish offshore drilling contractor Maersk Drilling is keeping its drilling rig fleet busy as new contracts and extensions pour in for the driller.  In its fleet status report published on Thursday Maersk Drilling said that several new contracts and extensions were signed during the first quarter of the year as well as after the end […]

  • 4 March 2019
    Business & Finance

    Offshore driller Maersk Drilling has proposed a new member for the board of directors of The Drilling Company of 1972 A/S.

  • 7 February 2019
    Business & Finance, Exploration & Production

    Maersk Drilling is seeing signs of continued recovery in the offshore drilling market. 

  • 16 August 2017
    Exploration & Production

    Danish offshore driller Maersk Drilling does not expect to see financial improvements from an increase in offshore rig demand until the market reaches a stable oil price above $60 per barrel or until industry cost levels adjust further to a lower oil price. The current oil price remains below levels required to support sustainable economic returns […]

  • 18 April 2018
    Business & Finance

    Maersk Drilling has named a chief commercial and innovation officer to lead its newly-established Commercial and Innovation function.

  • 7 January 2019
    Business & Finance

    Maersk Drilling has made progress to ensure the company is ready for an independent listing on Nasdaq Copenhagen during 2019 by establishing a clear governance structure. 

  • 18 August 2016

    Maersk Drilling has named its latest drilling rig at a ceremony held Wednesday at Invergordon, Scotland. The company recently bought the newbuild rig for a discount price, and lady Sponsor Gretchen H. Watkins, COO at Maersk Oil, has named Maersk Drilling’s newest asset – Maersk Highlander – which is now ready for the job. Maersk Highlander […]

  • 10 February 2016
    Exploration & Production

    Danish offshore drilling contractor Maersk Drilling reported a hike in profits both for the fourth quarter, and for the full year 2015. In 4Q 2015, the company’s profit was $181 million, up from $53 million a year ago. For the full year, Maersk Drilling made a profit of $751 million, up from $478 million in 2014. […]

  • 5 February 2020
    Business & Finance, Exploration & Production

    Danish offshore driller Maersk Drilling recorded a net loss in 2019 and a decrease in revenues due to lower dayrates and higher financial expenses compared to the previous year.

  • 23 August 2019
    Exploration & Production

    Maersk Drilling continues to expect improvements in utilization and day rates longer term

  • 12 August 2016
    Exploration & Production

    Maersk Drilling, a drilling contractor part of Denmark’s Maersk Group, delivered a profit of $164 million for the second quarter of 2016.  This is a drop compared to the profit of $218 million realized in the second quarter of 2015. Revenue was $566 million, down 9.3% from $524 million a year ago. Revenue backlog was $4.7bn by end-Q2 2016. While the […]

  • 14 August 2015
    Exploration & Production

    Danish drilling contractor Maersk Drilling reported its 2Q 2015 profit of $218 million, up from $117 million in the second quarter of 2014. The driller which owns a fleet of 22 offshore drilling rigs said the result was positively impacted by continued strong operational performance, fleet growth, general cost savings and a $29 million payment related […]

  • 11 May 2017

    Danish offshore drilling contractor Maersk Drilling saw its first quarter 2017 results negatively affected by the overcapacity in the rig market. The company said the current oil prices are well below what is needed to support growth in offshore rig demand. The company’s revenue fell to $344 million, from $654 million a year ago. Profit […]

  • 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.

  • 19 December 2017
    Exploration & Production

    Danish offshore driller Maersk Drilling is getting rid of its shareholding in Egyptian Drilling Company (EDC) to focus on offshore drilling market. 

  • 27 September 2017

    Following this week’s report by Bloomberg that Rowan is looking to buy Maersk Drilling business from Maersk, question has arisen on whether the bite is too big for Rowan to swallow. Bloomberg has reported, citing people familiar with the matter, that Maersk Drilling’s value was around $4 billion. Charlie Hockless, Senior Offshore Analyst at VesselsValue (VV), […]

  • 17 November 2017
    Business & Finance

    Ramboll has appointed Maersk Drilling’s chief financial officer (CFO) Marianne Sørensen as its new CFO and member of the Group executive board.

  • 14 July 2015
    Exploration & Production

    Maersk Drilling has decided to decommission the jack-up rig Maersk Endurer from the fleet and recycle it with Zhoushan Changhong International Ship Recycling in China. “Given the current market situation and the over-supply of drilling rigs in the offshore market, there is a strong need to retire older rigs. Therefore, Maersk Drilling has decided to […]