8118 results found for 'Maersk Oil'

8118 results found for 'Maersk Oil'
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  • Maersk Sells Maersk Tankers

    20 September 2017
    Business & Finance

    Danish shipping and energy conglomerate A.P. Møller – Mærsk has today signed an agreement to sell Maersk Tankers to APMH Invest A/S, a subsidiary of A.P. Moller Holding for USD 1.17 billion in an all-cash transaction. A.P. Moller Holding plans to establish an ownership consortium for Maersk Tankers’ fleet with Japan’s Mitsui & Co. Ltd. […]

  • Boskalis Bags Two Scandinavian Offshore Contracts Worth USD 132 Mln

    21 December 2012
    Business & Finance

    Royal Boskalis Westminster N.V. (Boskalis) has acquired two offshore energy-related contracts in Scandinavia with a combined value of around EUR 100 million. Boskalis Offshore has been awarded in joint venture a contract by the international energy company Statoil for various rock installation works up to 600 meters water depth in the North Sea and the […]

  • Maersk Group’s Quarterly Profit Down by 86 Pct

    4 May 2016
    Business & Finance

    Danish shipping and offshore energy conglomerate Maersk Group reported its profit at USD 224 million for the first quarter of 2016, a drop of 86 percent compared to USD 1.6 billion seen in the same period a year earlier. Maersk’s underlying profit was at USD 214 million for the quarter, against USD 1.3 billion in the first […]

  • 2015 Offshore Achievement Awards winners

    13 March 2015

    The offshore energy industry’s companies were recognised last night, Thursday, March 12, at the 2015 Offshore Achievement Awards (OAA), with Gordon Ballard, chairman of Schlumberger UK, receiving the Significant Achievement accolade.  Great Large Company and Great Small Company were awarded to Proserv and Merlin ERD respectively, whilst Maersk Oil picked up two awards including the […]

  • Countdown begins for UK O&G Industry Safety Awards

    7 January 2015

    Oil & Gas UK has informed that the nominations have opened for the fifth UK Oil and Gas Industry Safety Awards jointly organised by Oil & Gas UK and Step Change in Safety with Maersk Oil as principal sponsor. According to O&G UK, this year’s event – taking place on April 29 at the Aberdeen Exhibition […]

  • Lundin’s new credit facility to fund Johan Sverdrup development through to first oil

    2 February 2016

    Lundin Petroleum, an oil and gas exploration and production company, has entered into a committed seven-year senior secured revolving credit facility of up to $5 billion, with an initial committed amount of $4.3 billion. Lundin said that this senior secured facility would provide the financial flexibility to fund Lundin’s interest in the Johan Sverdrup project […]

  • New vessel sharing scheme launched for Central & Northern North Sea

    8 January 2018

    Peterson and its partners have launched a new vessel sharing scheme for the Central and Northern North Sea region.

  • IKM Subsea to provide ROV services on Statoil’s Johan Sverdrup

    7 May 2018
    Business & Finance

    Statoil has awarded a services contract to IKM Subsea for work on the Johan Sverdrup development off Norway.

  • Maersk Satisfied with Results

    11 November 2014
    Business & Finance

    Danish shipping giant Maersk Line delivered a profit of USD 685m, improving by USD 131m compared to Q3 2013, according to the third quarter results of the Maersk Group. Maersk said that the improvement was driven by lower unit costs through the continuous focus on operational cost savings mainly from vessel network efficiencies supported by […]

  • Norway: Marathon Oil Scores Discovery on Earb South

    2 August 2011
    Business & Finance

    Marathon Oil Norge AS has completed the drilling of wildcat well 25/10-11 testing the Earb South prospect in PL505. The well was drilled about 8 km southwest of the small 25/7-2 discovery and 40 km south of the Heimdal Field in the northern Norwegian North Sea. The well encountered three separate hydrocarbon bearing Jurassic sandstones […]

  • Aker Solutions Scores Johan Sverdrup Phase 2 FEED

    21 March 2017
    Business & Finance, Operations & Maintenance, Project & Tenders

    Aker Solutions has secured a front end engineering and design (FEED) contract from Statoil for the second phase of the Johan Sverdrup development offshore Norway. The work is for a new processing platform and the bridge that will connect it to the development’s riser platform. The contract also includes the design of a module and […]

  • UK: 2H Offshore Hosts Wellhead and Conductor System Response Forum

    28 May 2012
    Business & Finance

    A number of wellhead system response and design issues have been raised in recent years, instigated from drilling in new geographical locations or with new equipment. These issues are not well understood across the industry, but have relevance to many Operators. 2H Offshore has been involved in evaluating these design issues with a number of […]

  • Harkand Gets Oaktree Boost

    16 July 2015
    Business & Finance, Operations & Maintenance, Project & Tenders

    Harkand’s key shareholder Oaktree Capital Management has invested an additional $25 million which should allow the company to expand its footprint in new and existing regions. The IMR specialist has recently been awarded three major frame agreements taking them into West Africa and Mexico for the first time. It has also expanded its services with its first […]

  • Rosenberg WorleyParsons to build Johan Sverdrup bridges, flare towers

    3 June 2016
    Business & Finance, Equipment

    Statoil has awarded Rosenberg WorleyParsons a contract for fabrication of three bridges and two flare towers for the Johan Sverdrup development project, offshore Norway.  The contract value is close to NOK 600 million ($72 million). The fabrication and assembly will mainly be carried out in Stavanger, but also with contribution from other Norwegian and international sub-suppliers. […]

  • Sembmarine in $1 billion Culzean scoop

    1 September 2015
    Business & Finance, Exploration & Production

    Singapore’s Sembcorp Marine has won a $1 billion contract from Maersk Oil to build offshore facilities for the Monday-approved Culzean field in the UK North Sea. Under the agreement SMOE Pte Ltd, a Sembcorp Marine subsidiary, will build the Central Processing Facility plus 2 connecting bridges, Wellhead Platform and Utilities & Living Quarters Platform Topsides for […]

  • Johan Sverdrup to Get Power from Shore

    16 March 2015
    Equipment, Operations & Maintenance, Project & Tenders

    Statoil has, on behalf of the Johan Sverdrup partnership, awarded a contract to ABB for land-based power supply to phase 1 of the Johan Sverdrup field. The contract value is around NOK 1.1 billion ($155 million), and covers delivery of electrical equipment for a converter station by the Kårstø processing complex at Haugsneset in the […]

  • Statoil takes Total’s Martin Linge field stake for $1.45B

    27 November 2017
    Business & Finance

    Statoil will take over Total’s stakes in the Martin Linge field (51%) and the Garantiana discovery (40%) on the Norwegian continental shelf (NCS). Statoil will take over both operatorships and pay Total a consideration of $1.45 billion. Total E&P Norge is the operator of the Martin Linge field, which is located offshore Norway near the British part […]

  • RWE Dea bites dust in North Sea wildcat

    19 December 2014
    Exploration & Production, Project & Tenders

    RWE Dea Norge AS, operator of production licence 420, is in the process of concluding the drilling of wildcat well 35/9-12 S, in the North Sea, off Norway.  The Norwegian Petroleum Directorate (NPD) granted RWE Dea a drilling permit for the well 35/9-12 S in November. The well was drilled about 20 kilometres southwest of […]

  • Denmark: Maersk Profit Slightly Higher

    22 February 2013
    Business & Finance

    The Group delivered a profit of USD 4.0bn (USD 3.4bn), which was slightly higher than the latest announced outlook of around USD 3.7bn expressed on 9 November 2012. The return on invested capital (ROIC) was 8.8% (8.3%). Profit was positively affected by the settlement of an Algerian tax dispute in Q1 of USD 899m combined […]

  • Denmark: Ramboll Strengthens Pipelines & Subsea Department

    3 February 2012
    Business & Finance, Equipment

    Wishing to increase performance and quality of the company’s consultancy within Pipelines & Subsea projects, Ramboll Oil & Gas has appointed Lars Eriksen to a newly established position as Project Director. The Pipelines & Subsea department in Copenhagen is now lead by Søren Skovgård Møller. This organisational up scaling is due to recent positive business […]

  • Lundin Petroleum Completes Johan Sverdrup Appraisal Well 16/3-7

    7 November 2013
    Business & Finance, Operations & Maintenance

    Lundin Petroleum AB (Lundin Petroleum), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), announces that the Johan Sverdrup appraisal well 16/3-7, located in the south-eastern part of PL501, is completed. Appraisal well 16/3-7 is located at the south-eastern flank of the Johan Sverdrup discovery. It was drilled approximately 3 km south-east of well […]

  • Keppel, Shell Form LNG Bunkering JV in Singapore

    8 July 2016
    Business & Finance

    KS Investments Pte Ltd, a wholly-owned subsidiary of Keppel Offshore & Marine Ltd, has entered into a shareholders agreement with Shell Eastern Petroleum, a part of Royal Dutch Shell, to form a joint venture company which will establish an LNG bunkering business in Singapore. The joint venture’s principal business activities will be to supply LNG bunkering operations services […]

  • Boskalis Secures Rock Installation and Subsea Contracts in Scandinavia

    21 December 2012
    Business & Finance, Operations & Maintenance, Project & Tenders

    Royal Boskalis Westminster N.V. (Boskalis) has acquired two offshore energy-related contracts in Scandinavia with a combined value of around EUR 100 million. Boskalis Offshore has been awarded in joint venture a contract by the international energy company Statoil for various rock installation works up to 600 meters water depth in the North Sea and the […]

  • Semco Maritime awards manpower gig for Culzean hookup to MDE Group

    15 March 2018
    Business & Finance, Project & Tenders

    Semco Maritime has awarded MDE Group a contract to support the delivery of manpower, logistics, and coordination of work.

  • DOF Subsea Nets New Contracts Worth USD 80 Mln

    15 May 2014
    Business & Finance, Operations & Maintenance, Project & Tenders

    DOF Subsea AS, a subsidiary of DOF ASA, has been awarded several contracts, with a total value of approx. NOK 475 million ($80 mil.). In the Asia Pacific region, DOF Subsea has been awarded several contracts including IMR services and subsea installation work. The contract awards will secure utilization for the vessels Skandi Singapore, Skandi […]