8082 results found for 'Maersk Oil'

8082 results found for 'Maersk Oil'
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  • 27 March 2017
    Project & Tenders

    Danish oil company Maersk Oil has started production from the Flyndre field in the UK and Norwegian North Sea. Maersk reported on Monday that the first oil began to flow at 20:00 hrs on Sunday, March 26 travelling 25 km via pipeline to the Repsol Sinopec-operated Clyde platform. Production from the Flyndre field is expected […]

  • 6 March 2018

    French oil major Total is set to complete its acquisition of Denmark’s Maersk Oil later this week.

  • 27 September 2017

    Gretchen Watkins, Maersk Oil CEO, will not be joining Total after the French oil company recently announced the acquisition of the Danish firm. In a statement on Wednesday, Maersk Oil said that Watkins would leave to pursue other career opportunities once Total’s acquisition of Maersk Oil successfully closes. The transaction is expected to close during […]

  • 31 July 2025
    Business & Finance, Business Developments & Projects, Infrastructure, Ports & Logistics

    Global Energy Group (GEG) has concluded an agreement with Japanese company Mitsui & Co. for the sale of its group companies, including The Port of Nigg.

  • 15 November 2013

    Denmark’s Maersk Oil has, in agreement with the partners, decided to relinquish the Elly area from the Sole Concession and relinquish License 8/06, Area A in the Danish North Sea.

  • 21 June 2017
    Business & Finance

    DNV GL, a certification body and classification society, has won a contract to provide independent verification services for the Maersk Oil redevelopment of the Tyra field, off Denmark. The Tyra field in the Danish North Sea has been one of the centers of Denmark’s national energy infrastructure since 1984, providing 90 percent of the country’s gas […]

  • 31 August 2015
    Operations & Maintenance, Research & Development

    The development of the largest new field discovered in the UK North Sea for a decade has been approved by the UK Oil & Gas Authority, Maersk Oil reports. The Maersk Oil operated high pressure, high temperature (HPHT) Culzean field in the UK Central North Sea is expected to produce enough gas to meet 5% […]

  • 13 August 2015
    Business & Finance

    Maersk Oil, a Danish oil company, part of the Maersk Group, reported a profitable second quarter of 2015 and a 30% hike in production. In the quarter, the oil company’s profit was $137 million, compared to a net loss of $1.4 billion in the corresponding quarter of 2014. Worth noting, last year’s second quarter was […]

  • 22 August 2017
    Business & Finance

    Wellbore clean-up & abandonment specialist Coretrax has been awarded a multi-million-pound abandonment contract with Danish oil company Maersk Oil. Coretrax said on Monday that the contract was for Maersk Oil’s well abandonment campaign in the Central North Sea. The company added that it would provide wellbore abandonment services including bridge plugs, drillable scrapers, service tools, […]

  • 21 June 2017
    Project & Tenders

    DNV GL has won a contract to provide independent verification services for the Maersk Oil redevelopment of the Tyra field, offshore Denmark. The contract will be coordinated by DNV GL in Denmark, with teams of experts from multiple DNV GL offices supporting the construction in fabrication yards across the world over the next five years, […]

  • 18 July 2017
    Business & Finance, Equipment, Exploration & Production

    Nature Group, an oil, gas, and maritime waste collection and treatment company, has secured a five-year contract with Maersk Oil in the central North Sea. Nature Group said on Tuesday that the contract would see the company mobilize offshore slop processing environmental units and operational staff to drilling rigs on contract to Maersk Oil. According […]

  • 21 April 2011
    Business & Finance

      At 02:46 on 21 April a fire broke out on the Maersk Oil Qatar operated AD accommodation platform in the Al Shaheen field, 80 km north of Qatar. The fire which took place in the emergency generator room has been extinguished and the situation is under control. All employees are safe and accounted for […]

  • 12 April 2017
    Project & Tenders

    Danish oil firm Maersk Oil has shared a photo on its social media channels showing the Culzean-destined Ailsa floating storage and offloading (FSO) vessel currently under construction in Singapore. The company said that almost 600 Maersk Oil staff took part in the naming competition with Ailsa emerging as the winner by securing half of all […]

  • 31 March 2016
    Business & Finance

    Danish oil company Maersk Oil has hired the Olympic Electra offshore support vessel. Owned by Olympic Shipping, the multipurpose field support vessel will work for the Danish oil firm for a period of 100 days. Norway-based Olympic Shipping said Maersk would have options to extend the charter, which begins on April 1, 2016. The financials were […]

  • 31 March 2015
    Exploration & Production, Project & Tenders

    Maersk Oil has informed that production has started from the new unmanned platform Tyra Southeast-B, located in the Danish North Sea. According to Maersk, the platform is expected to add reserves of 50 million barrels of oil equivalent (BOE) over the next 30 years to Danish production. “The Tyra Southeast extension is a great example […]

  • 19 August 2014

    Denmark’s Maersk Oil made a loss of USD 1.4 billion in the second quarter of 2014 versus $249 million profit achieved in the same period of 2013.

  • 8 July 2014
    Business & Finance, Operations & Maintenance

    Maersk Oil has revised its strategy and will no longer pursue growth or operatorship for its business in Brazil. As a consequence of this, Maersk Oil has divested its ownership share in the small producing field Polvo to the operator, Brazilian independent HRT O&G Exploracao e Producao de Petroleo Ltda., subject to regulatory approvals. The […]

  • 23 April 2014
    Business & Finance

    Atkins has been awarded an engineering support contract covering three of Maersk Oil’s UK assets in the North Sea. The Gryphon FPSO, Global Producer III FPSO and Janice FPU are planned for major offshore inspection, repair and maintenance (IRM) works this year, in addition to field expansion works. Maersk has committed to this plan by […]

  • 4 January 2011
    Business & Finance

    In connection with a series of articles in December 2010, questions were raised concerning whether Maersk Oil was in compliance with the prevailing guidelines for water sampling and analysis and oil spill reporting. The Danish Environmental Protection Agency subsequently requested a report from Maersk Oil. The report from Maersk Oil was submitted to the Agency […]

  • 2 February 2016

    Production from Maersk Oil’s platforms at the Tyra gas field in the Danish sector of the North Sea has been closed. In a message to Offshore Energy Today on Tuesday, the Danish company’s spokesperson said Maersk Oil initiated shutdown procedure at the company’s two offshore platforms due to bad weather. The spokesperson said: “Due to […]

  • 26 February 2013
    Business & Finance, Research & Development

    Maersk Oil UK announced that the company had received FDP (Field Development Plan) approval from the Department of Energy and Climate Change for the Balloch oil field, 140 miles north east of Aberdeen in the Central North Sea. Balloch, which Maersk Oil holds a 100% interest in, was discovered in 2010 and is situated close […]

  • 25 February 2013
    Business & Finance

    Maersk Oil UK announced today that the company had received FDP (Field Development Plan) approval from the Department of Energy and Climate Change for the Balloch oil field, 140 miles north east of Aberdeen in the Central North Sea. Balloch, which Maersk Oil holds a 100% interest in, was discovered in 2010 and is situated […]

  • 8 November 2011
    Business & Finance

    Maersk Oil has embarked on a 5-year joint research project with the University of Copenhagen’s Department of Geography and Geology (DGG) entailing an unprecedented level of collaboration and data sharing to deepen its understanding of chalk reservoirs in the Danish North Sea. Maersk Oil will mentor several PhD students for up to half a year […]

  • 13 February 2013

    Maersk Oil has finished drilling the 6506/6-2 exploration well on the Albert prospect in Norway. The well, drilled in Production License 513 in the Norwegian Sea, encountered no sign of hydrocarbons. The purpose of the well was to prove hydrocarbons in the Lower Cretaceous Lysing Fm. The well encountered sandstone with reservoir quality as expected, […]

  • 4 April 2016

    Danish oil and gas company Maersk Oil will shut down production from Tyra East and Tyra West facilities in the Danish North Sea on October 1, 2018, if an economically viable solution for continued operations is not identified during 2016. The Tyra facilities are approaching the end of their operational life due to a combination of […]