8083 results found for 'Maersk Oil'

8083 results found for 'Maersk Oil'
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  • 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 […]

  • DONG Energy Awarded Two Operatorships in Norway

    23 January 2014
    Business & Finance

    DONG Energy’s Norwegian oil and gas business reports that they have been awarded two new licenses as operator in the 2013 Award in Predefined Areas (APA) in Norway. “We are very excited about the two licenses that we have been awarded. The licenses are situated in areas in which we are already active – in the […]

  • Aker Solutions Works on Next Steps of Johan Sverdrup Development

    10 February 2016
    Project & Tenders

    Aker Solutions will deliver a concept study on a new processing platform for future phases of the Statoil-operated Johan Sverdrup North Sea field. The study includes design solutions for a tie-in of the platform and future satellites to the field center that is being developed in the project’s first phase. The work will be carried […]

  • 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.

  • 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 […]

  • 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 […]

  • Offshore Middle East Gathers Top Industry Pros in Advisory Board

    14 December 2011
    Business & Finance

      Offshore Middle East has announced the addition of Mr. Abdelkader Haouari, Offshore Operations Manager, Qatargas Operating Company Limited as part of the growing Advisory Board for the 4th Offshore Middle East Conference & Exhibition which will return to Qatar in 2013. To be held at the Qatar National Convention Centre, Doha, on 21-23 January […]

  • Finalists revealed for UK O&G Industry Safety Awards

    27 March 2015

    Oil & Gas UK has revealed the names of the workers “striving to ensure safety in the UK offshore oil and gas industry” yesterday, March 26, 2015.  There were over 100 nominations to the UK Oil and Gas Industry Safety Awards, jointly organised by Oil & Gas UK and Step Change in Safety, with Maersk […]

  • 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. […]

  • Ampelmann’s gangway at Qatar’s biggest oil field

    5 December 2017
    Business & Finance

    Dutch offshore access solutions provider Ampelmann has secured a contract to supply the North Oil Company (NOC) with its A-type gangway system. 

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • PHOTO: Heerema Presses on with Culzean Jacket Work

    1 February 2017
    Operations & Maintenance

    Heerema Fabrication Group is pressing on with its operations on two jackets meant for the Culzean field development at its Vlissingen facility in the Netherlands. The company reported through its social media channels on Tuesday, January 31 that the last row of the Culzean’s utility & living quarter (ULQ) jacket was also in upright position. Culzean’s […]

  • Norway: Partners in Johan Sverdrup Field Ink Pre-Unit Agreement

    27 March 2012
    Business & Finance

    The partners in the Johan Sverdrup (formerly known as Aldous/Avaldsnes) field have signed a pre-unit agreement under which  the owners of production licences 265 and 501 will cooperate in the planning of the Johan Sverdrup field towards an investment decision and submission of the Plan for Development and Operation (PDO). Statoil is appointed the working […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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. […]

  • 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 […]

  • 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 […]