8118 results found for 'Maersk Oil'

8118 results found for 'Maersk Oil'
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  • Maersk Drilling Names Its Second and Third Ultra Deepwater Drillships

    24 January 2014
    Business & Finance

    Maersk Drilling’s second and third ultra deepwater drillships were named Thursday morning in a ceremony held at the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South Korea. Lisa Lance, wife of Ryan M. Lance, chairman and chief executive officer, ConocoPhillips, had the honour of naming Maersk Valiant, and Annell R. Bay, Vice President Global Exploration, […]

  • Wood Group GTS Pens Maintenance Deal with Maersk FPSOs (UK)

    14 June 2012
    Business & Finance, Equipment

    Wood Group GTS has secured an exclusive term maintenance agreement with Maersk FPSOs to support multiple Siemens gas turbines operating on their Curlew and North Sea Producer Floating, Production, Storage and Offloading (FPSO) units. The contract duration is five years. Maersk’s FPSOs operate in some of the most demanding environments in the world and must […]

  • Denmark: Maersk to Focus on Its Offshore and Port Businesses

    19 November 2012

    A.P. Moller-Maersk, a Danish business conglomerate active in oil and shipping sectors, has revealed its plan to move away from investing in shipping and turn to its oil, drilling rigs and ports businesses, the Financial Times reported. Since A.P. Moller-Maersk has enough capacity to follow the market, the company has decided to decrease amount of […]

  • PHOTO: SHI Delivers Maersk Valiant Drillship to Maersk Drilling

    16 April 2014
    Business & Finance

    Maersk Drilling’s second drillship, Maersk Valiant, was delivered Wednesday 16 April 2014 from the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South Korea. Maersk Valiant has begun its voyage towards the US Gulf of Mexico via Singapore to commence a two year contract with ConocoPhillips and Marathon Oil Corporation. Maersk Valiant is the second in […]

  • Maersk Group: Good Operational Result for 2nd Quarter 2013

    16 August 2013
    Business & Finance

    Maersk Group has delivered a good operational result for the second quarter and made a strong and consistent progress regaining industry’s leading position in terms of profitability. “We deliver a good operational result for the quarter thanks to improved performance in most of our businesses. Maersk Line has made strong and consistent progress and is […]

  • Maersk Supply’s Stingray vessel completes first gig

    1 March 2018

    Danish Maersk Supply Service has completed the first contract for one of its Stingray-class new-build subsea support vessels, Maersk Installer, with McDermott.

  • Maersk’s drillship on its way to GoM from SHI shipyard

    16 April 2014
    Business & Finance

    Maersk Drilling’s second drillship, Maersk Valiant, was delivered Wednesday 16 April 2014 from the Samsung Heavy Industries shipyard in Geoje-Si, South-Korea. Maersk Valiant has begun its voyage towards the US Gulf of Mexico via Singapore to start a two year contract with ConocoPhillips and Marathon Oil Corporation. Maersk Valiant is the second in a series […]

  • Plexus Reports Increased Financial Results (UK)

    23 October 2013
    Business & Finance

    Plexus Holdings plc, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® method of wellhead engineering, announces its preliminary results for the year ending 30 June 2013. Results · Record revenue, EBITDA, profit before tax and profit after tax · 29.7% increase in revenue to £25.57m (2012: £19.71m) · […]

  • Maersk drillship’s gig with Tullow cut short

    24 March 2020
    Business & Finance, Exploration & Production

    Maersk Drilling has received a notification from Tullow Oil of early termination for convenience of the drilling contract for the drillship Maersk Venturer.

  • ADES jackup gets more time with QatarEnergy

    3 September 2025
    Business Developments & Projects, Project & Tenders

    Advanced Energy Systems (ADES), part of Saudi Arabia-headquartered ADES Holding, has signed a multi-year contract extension with the state-owned QatarEnergy for a jackup rig from its fleet.

  • UK: Wood Group Enters Gas Turbine Maintenance Agreement with Maersk FPSOs

    14 June 2012

    Wood Group GTS has secured an exclusive term maintenance agreement with Maersk FPSOs to support multiple Siemens gas turbines operating on their Curlew and North Sea Producer Floating, Production, Storage and Offloading (FPSO) units. The contract duration is five years. Maersk’s FPSOs operate in some of the most demanding environments in the world and must […]

  • Maersk Line Takes Delivery of Baltic Feeder Vilnia Maersk

    11 January 2019

    COSCO Zhoushan Shipyard has delivered Vilnia Maersk to Danish shipping company Maersk Line.

  • North Sea oil & gas emissions cut by a third but further efforts required for UK’s net zero goals

    2 September 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Outlook & Strategy, Regulation & Policy, Transition

    As the UK’s offshore oil and gas industry faces a critical juncture in its emissions reduction pursuit, Great Britain’s regulator, the North Sea Transition Authority (NSTA), has pushed for a boost in investment to meet net zero aspirations, as current efforts fall short of long-term decarbonization targets.

  • ConocoPhillips, Marathon cancel Maersk Drilling drillship deal

    28 July 2016
    Exploration & Production

    An early termination agreement for the deepwater drillship Maersk Valiant has been signed by Maersk Drilling and ConocoPhillips and Marathon Oil with effect from mid-September 2016. Maersk Valiant has been on a joint contract with Marathon Oil Corporation and ConocoPhillips since June 2014. The original contract was scheduled to end September 2017. The drillship was […]

  • Maersk Drilling Secures GoM Contract for Its Drillship Under Construction

    4 June 2012
    Business & Finance

    More than one year prior to delivery Maersk Drilling has signed a contract with a major oil company for the first in a series of four identical ultra deepwater drillships currently under construction. The contract duration is three years and commencement is expected by end 2013 upon delivery from Samsung Heavy Industries in South Korea […]

  • TotalEnergies continues African oil & gas expansion with new offshore acreage in Nigeria

    2 September 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    France’s energy giant TotalEnergies has boosted its oil and gas portfolio in African waters by securing two offshore exploration permits off the coast of Nigeria.

  • Maersk Drilling to provide rigs for Seapulse’s 12-well drilling program

    5 December 2018
    Business & Finance, Exploration & Production

    Maersk Drilling and Seapulse have signed a Master Alliance Agreement under which Maersk Drilling will provide fully integrated services for a global offshore oil & gas exploration drilling program of 12 wells. 

  • Maersk Drilling slips deeper into the red

    9 February 2018
    Business & Finance, Exploration & Production

    Affected by impairment charges, Maersk Drilling recorded a bigger loss for the full year 2017 compared to its result in 2016.

  • Moody’s Downgrades Maersk Ratings, Outlook Negative

    21 December 2016
    Business & Finance

    The issuer rating and senior unsecured rating of Danish shipping and oil giant A.P. Møller-Mærsk A/S have been downgraded to Baa2 from Baa1, according to Moody’s ratings agency. Moody’s also downgraded Maersk’s medium-term note (MTN) program rating to (P)Baa2 from (P)Baa1. All ratings were placed on negative outlook. “The downgrade reflects our expectation of reduced diversification following […]

  • Samsung Heavy Delivers Drillship Maersk Valiant

    16 April 2014
    Business & Finance

    Maersk Drilling’s second drillship, Maersk Valiant, was delivered Wednesday 16 April 2014 from the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South-Korea. Maersk Valiant has begun its voyage towards the US Gulf of Mexico via Singapore to commence a two year contract with ConocoPhillips and Marathon Oil Corporation. The vessel is the second in a […]

  • Maersk Stuns with USD 1.2 Billion Q1 Profit

    13 May 2011

      AP Moller-Maersk has stunned the shipping industry by reporting a first quarter 2011 profit of US$1.2 billion, a massive increase of 82 percent compared to the equivalent period in 2010. Revenue for the period increased by 10 percent to US$14.5 billion (from US$13.2 billion), primarily due to higher container freight rates, container volumes and […]

  • Maersk Bags Gulf of Mexico Contract for Its Under-Construction Drillship

    4 June 2012
    Business & Finance

    More than one year prior to delivery Denmark’s Maersk Drilling has signed a contract with a major oil company for the first in a series of four identical ultra deepwater drillships currently under construction. The contract duration is three years and commencement is expected by end 2013 upon delivery from Samsung Heavy Industries in South […]

  • Maersk Viking Starts Gulf of Mexico Operations

    10 July 2014
    Business & Finance, Operations & Maintenance

    Maersk Drilling’s first ultra deepwater drillship, Maersk Viking, has started operations at the Julia Field. Maersk Viking will conduct the operations in the US Gulf of Mexico for ExxonMobil with duration of three years. Featuring dual derrick and large subsea work and storage areas, the drillship design allows for efficient well construction and field development […]

  • PHOTO: Maersk Drilling’s Two Ultra Deepwater Drillships Named in South Korea

    24 January 2014
    Business & Finance

    Maersk Drilling’s second and third ultra deepwater drillships were named Thursday morning in a ceremony held at the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South Korea. Lisa Lance, wife of Ryan M. Lance, chairman and chief executive officer, ConocoPhillips, had the honour of naming Maersk Valiant, and Annell R. Bay, Vice President Global Exploration, […]

  • Two Maersk Supply Service Vessels Sink Off France

    23 December 2016

    Two Maersk Supply Service anchor handling tug supply vessels (AHTS) have sunk offshore France. Maersk Supply Service confirmed to Subsea World News that Maersk Battler vessel lost two towed supply vessels Maersk Searcher and Maersk Shipper on December 22. The vessels sunk 60 miles off the coast of France. “The two towed vessels were unmanned. […]