8118 results found for 'Maersk Oil'

8118 results found for 'Maersk Oil'
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  • Wood Group PSN Secures Golden Eagle Contract, UK

    17 January 2013
    Business & Finance, Operations & Maintenance, Project & Tenders

    Wood Group PSN (WGPSN) has secured a US$50 million contract with Nexen Petroleum UK Limited to carry out the hook-up and commissioning of the Golden Eagle Area Development (GEAD) project in the UK North Sea. The Golden Eagle field will be developed using two platforms – a wellhead platform and a production, utility and living […]

  • Denmark: A.P. Moller – Maersk Group Releases 2011 Annual Report

    28 February 2012
    Business & Finance

    A.P. Moller – Maersk Group, a worldwide conglomerate, releases 2011 annual report with revenue increased by 7% to USD 60.2bn (USD 56.1bn), positively affected by higher oil prices and container volumes but offset by lower container freight rates. Profit was USD 3.4bn (USD 5.0bn) and thus in accordance with the latest announced outlook of USD […]

  • Maersk, Rosneft hit by cyberattack

    28 June 2017

    A ransomware cyberattack named Petya, or NOTPetya according to Kaspersky Labs, has hit organizations around the globe, including the Ukraine government, Denmark’s Maersk Group, and the Russian oil company Rosneft. According to several news reports screens around the world are receiving a ransomware message, informing the owners their files were encrypted, and seeking $300 worth […]

  • Master Marine to provide accommodation services on Johan Sverdrup

    4 November 2015
    Business & Finance, Exploration & Production

    Statoil has, on behalf of the Johan Sverdrup licence, awarded a contract to Jacktel AS, a wholly owned subsidiary of Master Marine AS, for providing accommodation services on the Johan Sverdrup field in the North Sea. Jacktel AS has been awarded a contract for the Haven jack-up accommodation rig for the installation and commissioning period […]

  • Lundin Completes Another Johan Sverdrup Appraisal (Norway)

    10 December 2012
    Business & Finance

    Lundin Petroleum AB has completed the drilling of appraisal well 16/2-16 in PL501 on the Johan Sverdrup discovery located in the North Sea sector of the Norwegian Continental Shelf (NCS). The well was drilled in PL501 on the north eastern flank of the discovery approximately three km away from the discovery well 16/2-6, the recent […]

  • India: Maersk Supply Service Launches New Seafaring Programme

    2 July 2012
    Business & Finance

    Twenty-five eager young seafarers will have the opportunity to acquire maritime skills and develop their potential through Maersk Supply Service’s new seafaring programme for Angolans, which launches this week. In a first for the company, the cadets will be trained in India. The initiative will not only benefit Maersk Supply Service, but also help build […]

  • Norway: Owners of Johan Sverdrup Field Pen Pre-Unit Agreement

    27 March 2012
    Business & Finance, Operations & Maintenance, Project & Tenders

    The owners of the Johan Sverdrup field have signed a pre-unit agreement. According to the agreement 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 operator. The […]

  • RockRose Energy wraps up Dyas acquisition

    2 October 2018

    RockRose Energy has completed the acquisition of Dyas B.V., a wholly owned subsidiary of SHV Holdings N.V.

  • Offshore Achievement Awards Winners Revealed

    27 March 2017

    Twelve companies and individuals were revealed as the winners at the Offshore Achievement Awards 2017 (OAA) on Thursday at the Aberdeen Exhibition and Conference Centre (AECC). The winners included JDR Cable Systems, which collected two awards for Export Achievement and Great Large Company, whilst Enpro Subsea was named Great Small Company. Individually, Marianne McKevitt of BP […]

  • Maersk Makes Good Start to 2019, Launches USD 1.5 Bn Buyback

    24 May 2019
    Business & Finance

    Maersk launched USD 1.5 billion buyback as it made good progress on its transformation in the 1st quarter of 2019.

  • Total profit jumps on higher output

    27 October 2017
    Business & Finance

    French oil company Total boosted its adjusted net profit during the third quarter of the year by 29 percent helped by production growth, cost cuts, and higher oil and gas prices.  The oil company on Friday reported an adjusted net income of $2.67 billion for 3Q 2017, which is a 29% increase compared to a […]

  • Johan Sverdrup immune to capex cuts, Woodmac says

    13 February 2015

    On Friday 13th February, Statoil and the field partners reached a final investment decision (FID) for the 2.35 billion barrel Johan Sverdrup oil field in the Norwegian North Sea. The field, discovered in 2010, is a major success story for Norway, and is the crowning achievement of its successful rejuvenation of exploration in more mature […]

  • Lundin Completes Avaldsnes Sidetrack, Offshore Norway

    23 September 2011
    Business & Finance

     Lundin Petroleum AB announced that the sidetrack (16/2-7A) of the second appraisal well, 16/2-7, has confirmed excellent quality oil bearing Upper Jurassic sandstone reservoir. The Avaldsnes field is located in license PL501 on the Norwegian Continental Shelf.  The sidetrack well (16/2-7A) encountered a gross reservoir column of approximately 25 metres of which 17 metres net […]

  • New board officers & members for Oil & Gas UK

    6 April 2016
    Business & Finance

    Oil & Gas UK, an offshore oil and gas industry representative body, announced the appointment of new member company representatives and a new team of officers to lead its board. All changes are of immediate effect. Neil McCulloch, president, North Sea at EnQuest PLC, and Terry Savage, corporate relationship director at Global Energy Group, take over as […]

  • Ithaca Farms-Out More UK Assets

    23 September 2013
    Business & Finance, Project & Tenders

    Ithaca Energy Inc. announces further UK exploration portfolio farm-out transactions. When combined with the previously announced UK farm-outs the Company is now fully carried for the forecast cost of drilling the UK exploration well commitments transferred as part of the Valiant Petroleum plc acquisition and in addition will receive over $8 million in cash from […]

  • Lundin Petroleum: Johan Sverdrup Appraisal Successful (Norway)

    3 May 2012
    Business & Finance

    Swedish oil and gas exploration an production company, Lundin Petroleum today says the sidetrack 16/2-11A of the appraisal well 16/2-11 has confirmed good quality in Upper and Middle Jurassic reservoir. The well was drilled some 3.3 km southwest of the discovery well 16/2-6 and 760 metres north east of the 16/2-11 appraisal well. The Johan […]

  • 2020 Sulphur Cap: Maersk Is Not on the Scrubber Team

    16 October 2017
    Business & Finance

    The IMO’s 0.5 sulphur cap on marine fuel set to enter into force in 2020 has caused numerous headaches to shipowners as they start to prepare for compliance of their fleets with the new regulations. Speaking of the available solutions during a Capital Link panel on Marine Fuels: An Industry in Transition in New York, Marc […]

  • Lundin Petroleum: Johan Sverdrup Appraisal Well Finds Oil Column

    30 September 2013

    Lundin Petroleum has informed that the Johan Sverdrup appraisal well 16/5-4, located in the south western part of PL501,in the Norwegian sector of the North Sea, found an oil column of approximately 6 metres in excellent quality sandstone of Upper Jurassic age. The well is successfully completed. Appraisal well 16/5-4 is located at the south-western […]

  • Lundin Finds Oil Column at Johan Sverdrup Appraisal Well

    12 July 2013

    Lundin Petroleum AB  has informed that the Johan Sverdrup appraisal well 16/3-6, located in the eastern part of PL501, found an oil column of 11.5 metres in good quality sandstone of Upper Jurassic age. The well, located in the Norwegian part of the North Sea is successfully completed. Appraisal well 16/3-6 is located at the […]

  • Maersk CEO: Our Q1 Result Was Unsatisfactory

    17 May 2018
    Business & Finance

    Skou: Q1 performance was unsatisfactory, especially in the ocean-related part of the business.

  • Update: Total selling non-core UK North Sea fields for $635 million

    10 July 2019
    Business & Finance

    French oil major Total has agreed to sell $635 million worth of  UK North Sea assets to Petrogas NEO UK.

  • Lundin Completes Another Johan Sverdrup Appraisal Well

    7 November 2013

    Lundin Petroleum has informed that the Johan Sverdrup appraisal well 16/3-7, located in the south-eastern part of PL501, in the Norwegian part of the North Sea, 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 16/3-5 and 4 km […]

  • Ramboll Acquires Apply Altra. Enters UK O&G Market

    6 June 2014
    Business & Finance, Project & Tenders

    In pursuit of an ambitious strategy to grow employees and geographical reach, Ramboll has acquired Apply Altra in Aberdeen. Up until the acquisition, which was officially signed in Norway last week, Apply Altra has been part of the Apply Group. With the formal shift in ownership on 2 June, the name has been changed to […]

  • Maersk Group Delivers the Best Result Ever (Denmark)

    23 February 2011

      The A.P. Moller – Maersk Group today presents a profit of USD 5 billion. “Our people have done a truly great job,” says Group CEO Nils S. Andersen. In 2011, the Group will focus on expanding business and maintaining high profitability. Thanks to increased competitiveness and a rebound in the global economy, the Group […]

  • Tyra agreement encourages SH Group to open Esbjerg department

    24 March 2017

    After the Danish government sanctioned the life extension plans for the offshore Tyra field, the SH Group has decided to establish a new department in Esbjerg. SH Group develops, produces, and services hydraulic and mechanical system solutions for the offshore, marine, and industrial sectors. The company said on Thursday that the goal of the new […]