8082 results found for 'Maersk Oil'

8082 results found for 'Maersk Oil'
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  • Maersk’s Outlook Changed from Positive to Stable

    18 February 2016
    Business & Finance

    Denmark-based shipping and oil company A.P. Møller-Mærsk had its outlook changed from positive to stable on the Baa1 issuer rating and Baa1 senior unsecured ratings, according to Moody’s rating agency. “Our decision to change the outlook to stable from positive primarily reflects the challenging market conditions affecting most of Maersk’s business units, particularly its two largest, Maersk Line […]

  • Maersk Chooses MODEC FSO for Culzean

    16 September 2015
    Business & Finance

    Tokyo-based floating production systems specialist MODEC Inc. has signed a contract with Maersk Oil North Sea UK Limited to supply a Floating Storage and Offloading (FSO) vessel for the Culzean development project in the North Sea. MODEC is responsible for the engineering, procurement and construction (EPC) of the FSO. SOFEC, Inc., a subsidiary of MODEC, […]

  • PHOTO: All systems go for Culzean WHP jacket sail away

    24 March 2016
    Project & Tenders

    Heerema Fabrication Group has shared a photo of the wellhead platform jacket it built for Maersk’s Culzean field in the North Sea as it was loaded onto a barge, ready for sail away. The Netherlands-based fabricator of large and complex structures for the offshore oil and gas industry signed contracts with Maersk Oil to construct jackets for […]

  • Heerema Secures More Work on Tyra Redevelopment Project

    27 December 2017
    Business & Finance, Operations & Maintenance, Project & Tenders

    Heerema Marine Contractors (HMC) has been awarded an additional contract related to the Maersk Oil Tyra redevelopment project. Following the award of the transportation and installation contract for the processing & accommodation platform earlier this year that required the high-end lifting capacity of Sleipnir, Maersk Oil has awarded an additional contract to HMC for offshore […]

  • Valiant, Maersk Sign Farm-Out Agreement for Isabella Prospect, UK

    8 March 2013
    Business & Finance

    Valiant Petroleum plc announced that its wholly owned subsidiary Valiant Causeway Limited (“Valiant”) has signed a farm-out agreement with Maersk Oil North Sea UK Limited (“Maersk Oil UK”) with regard to its Isabella prospect located in the UK Central North Sea Blocks 30/6b, 30/11a & 30/12d (P1820). Under the terms of the agreement, Valiant’s well […]

  • Maersk’s Gryphon FPSO Back on Track

    29 May 2013
    Business & Finance

    The Gryphon FPSO is back in production following a major overhaul of the vessel. Once all the associated fields are fully operational over the coming months, production will ramp up in excess of 20,000 barrels of oil equivalent a day (boepd). Production from Gryphon is expected to continue for the next decade. The Gryphon FPSO, […]

  • Maersk finds oil offshore Denmark

    12 May 2015

    Maersk Oil has made an oil discovery in the 9/95 licence in the North Sea, offshore Denmark. The exploration well Xana-1X, was drilled in the northern part of the Danish North sea and has discovered hydrocarbons. “The drilling of the High Pressure High Temperature exploration well has been completed. At present the partners are in the process […]

  • Maersk Extends Edda Sprint Contract (Denmark)

    19 October 2012
    Business & Finance

    Edda Sprint has been awarded an extension to it’s contract with Denmark’s Maersk Oil & Gas, Østensjø Rederi has informed. The platform supply vessel, which has been working for Maersk Oil & Gas for 9 years now, has recently been awarded a one year extension to it’s contract. The vessel, previously known as Edda Frende, […]

  • Heerema in another Tyra win

    22 December 2017
    Business & Finance

    Heerema Marine Contractors (HMC) has secured another contract linked to Maersk Oil’s multi-billion dollar Tyra Redevelopment Project

  • WorleyParsons Bags $90 Mln Job Offshore Qatar

    13 May 2013

    Maersk Oil Qatar A/S (Maersk Oil) has awarded WorleyParsons Qatar WLL a four year “General Design Contract” to conduct engineering design modifications and material definition for works associated with the Al Shaheen offshore oil production facilities operated by Maersk Oil in Qatar.  The Al Shaheen field is located in Block 5 offshore Qatar and is […]

  • Mega drilling structure assembly marks milestone for Cenovus’ Newfoundland field

    17 July 2025
    Business Developments & Projects, Infrastructure

    Canadian oil and gas company Cenovus Energy has merged two large structures that will form part of the drilling platform at its field offshore Newfoundland, Canada.

  • VIDEO: Heerema rolls up Culzean WHP jacket

    3 February 2016
    Exploration & Production

    Danish oil and gas company Maersk Oil has shared a video showing the construction progress of the wellhead platform (WHP) jacket meant for the company’s Culzean field in the UK North Sea. The video shows the jacket being rolled up at Heerema’s Vlissingen shipyard in the Netherlands. Heerema Fabrication Group (HFG), a fabricator of large and complex structures […]

  • PHOTO: Maersk’s Culzean wellhead jacket takes its place in North Sea

    18 May 2016
    Equipment, Project & Tenders

    Maersk Oil has reported that a wellhead jacket for the Culzean field’s wellhead platform is now firmly in place in the UK sector of the North Sea.  Maersk Oil-operated Culzean field was discovered in 2008, approximately 250 kilometers east of Aberdeen in license block 22/25a, and the field development was approved in August 2015. The overall Culzean […]

  • Denmark approves $3.36B Tyra field redevelopment

    1 December 2017
    Project & Tenders

    Maersk Oil has informed that the Danish Underground Consortium (DUC) has approved an investment of approximately 21bn DKK (around $3.36 billion) in the full redevelopment of the Tyra gas field. The announcement follows the Danish Parliament’s approval to implement legislation to secure the investment. The redevelopment of Tyra, 225 km west of Esbjerg, will ensure continued production […]

  • VIDEO: Culzean jigsaw falling into place

    26 July 2017

    Danish oil company Maersk Oil has posted a new video on its YouTube channel, showing the completion and installation of the jackets for the central processing facility (CPF) platform and the utilities and living quarters (ULQ) platform on the Culzean field in the UK North Sea.  Less than two years after the project was sanctioned, […]

  • Construction Begins on Culzean FSO

    26 July 2016

    Maersk Oil has celebrated the steel cutting for the Culzean’s floating storage and offloading (FSO) vessel in Singapore. Singapore’s Sembcorp Marine is building the FSO in conjunction with Japanese’ Modec, tasked to supply the internal turret and topside modules The completion of the FSO is expected in 2018, Maersk Oil informed through its social media. The FSO […]

  • WorleyParsons wins North Sea contract extension

    15 May 2018
    Business & Finance

    WorleyParsons has been awarded a contract extension by Maersk Oil UK Limited, part of the Total group.

  • Maersk Drilling’s new jack-up rig named in Scotland

    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 […]

  • Maersk Gallant Gets Leadon and James Decom Job

    8 September 2016
    Operations & Maintenance, Project & Tenders

    Maersk Drilling has been awarded a contract for the jack-up rig Maersk Gallant with Maersk Oil for the plugging and abandonment of the Leadon and James subsea fields in the UK sector of the North Sea. The duration of the contract is estimated to 230 days, with commencement in February 2017. The estimated contract value […]

  • Denmark: Ramboll Plunges into Tyra East Rationalisation Project

    4 January 2012
    Business & Finance

    Ramboll Oil & Gas has just won the Tyra East Rationalisation Project. The Tyra Field is the largest gas field in the Danish sector of the North Sea. The field is operated by Maersk Oil, and production started back in 1984. Optimising production for future demand The Tyra East Rationalisation Project is part of a […]

  • Jack-up Maersk Resilient scoops new contract

    23 September 2015
    Business & Finance, Exploration & Production

    Maersk Drilling has been awarded a new contract for the jack-up rig Maersk Resilient with Danish oil company Maersk Oil. The firm contract is for three years with an estimated contract value of $110 million. The contract is expected to start in October 2015, and Maersk Resilient will do work at various fields in the Danish sector […]

  • It’s official. Maersk confirms 2-way split option

    22 September 2016

    Following earlier reports that the Danish conglomerate Maersk was considering splitting the company into two divisions, or into several smaller businesses as part of its strategic review, the split option has now been confirmed by the company. Maersk has confirmed it is working to split the company into two separate entities: one focused on shipping […]

  • Gryphon FPSO Resumes Production (UK)

    29 May 2013

    Maersk Oil has announced today that the Gryphon FPSO is back in production following a major overhaul of the vessel. Once all the associated fields are fully operational over the coming months, production will ramp up in excess of 20,000 barrels of oil equivalent a day (boepd). Production from Gryphon is expected to continue for […]

  • Maersk Signs Compliant Fuel Deal with PBF Logistics

    14 February 2019
    Business & Finance, Rules & Regulation

    Maersk’s deal with PBF Logistics to deliver 10% of the company’s annual fuel demand ahead of 2020 sulphur rule.

  • Maersk Launches ‘Quest for Oil’ Computer Game (VIDEO)

    10 June 2013
    Equipment

    Maersk is launching today a new computer game called ‘Quest for Oil’. Maersk is taking the lead in an innovative way by using a video game to open up the oil business to everyone. Quest for Oil is the first game of its kind and with the convergence of forces, innovation and technology Maersk gives […]