8083 results found for 'Maersk Oil'

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

  • Keppel to Revamp Castorone Pipe Laying Vessel

    7 July 2016
    Business & Finance, Equipment, Project & Tenders

    Keppel Offshore & Marine has secured a contract to carry out upgrading work to the pipelay vessel, Castorone, for Saipem Offshore Norway (Saipem). Keppel Shipyard previously undertook the completion and integration works for the newbuild Castorone in 2011. Keppel Shipyard’s job scope includes the replacement of switchboards to improve the vessel’s power distribution systems, renewal works on […]

  • 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 […]

  • 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.

  • 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 […]

  • Edison halves Dvalin stake

    21 December 2016
    Business & Finance

    Italian energy company Edison has reduced its stake in the Dvalin field (formerly known as Zidane), located in the Norwegian Sea, in favor of other stakeholders, Dea Norge and Petoro. Edison reduced its stake from 20% to 10% in favor of Dea Norge and Petoro, who each acquired 5% stake. The agreements will enter into […]

  • Shell sells Polarled pipeline stake to CapeOmega

    20 October 2017

    Shell is selling its stake in the Polarled offshore pipeline in Norway, as well as a part of its stake in the Nyhamna gas plant to CapeOmega. According to a statement by Shell, CapeOmega AS will buy Shell’s 9.02% stake in the Polarled gas pipeline and 3% of the 15.03% stake in the gas plant Nyhamna. […]

  • PHOTO: Culzean-bound FSO Ailsa hits the water

    18 September 2017
    Project & Tenders

    Danish oil firm Maersk Oil has shared a photo on its social media channels showing its Culzean field-destined Ailsa floating storage and offloading (FSO) vessel in the water for the first time. The company said on Monday that the FSO had undocked on schedule, which is another step towards the Ailsa leaving Singapore and beginning […]

  • 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 […]

  • 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 […]

  • 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 […]

  • VIDEO: Norway’s largest offshore jacket

    27 July 2017

    Norwegian oil major Statoil has shared a video detailing the specs of the first steel jacket for the Johan Sverdrup field, which will be the largest on the Norwegian Continental Shelf. Offshore Energy Today reported earlier this week on the sailaway of the jacket from the shipyard in Verdal. The final destination of the jacket […]

  • 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 […]

  • 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 […]

  • 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.

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • Johan Sverdrup partners further lower development costs

    4 September 2017
    Project & Tenders

    Norwegian oil company Statoil has completed nearly 60 percent of the Phase 1 of the Johan Sverdrup project in the North Sea while further reducing the gross capital expenditure by NOK 5 billion to NOK 92 billion ($11.8B). Statoil is the operator of the project with 40.0267 percent interest. Its partners are Lundin Norway with a 22.6 percent working interest, Maersk […]

  • 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 […]

  • 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 […]