8084 results found for 'Maersk Oil'

8084 results found for 'Maersk Oil'
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  • S&P Global: Maersk Ratings Lowered with Negative Outlook

    15 November 2016
    Business & Finance

    The long-term counterparty credit rating of Danish conglomerate A.P. Moller – Maersk has been lowered to BBB from BBB+, while the outlook is negative, according to Standard & Poor’s Global Ratings. Additionally, S&P Global Ratings lowered its issue ratings on Maersk’s senior unsecured debt to BBB from BBB+ and removed all ratings on Maersk from […]

  • Maersk Drilling to merge with Noble

    10 November 2021
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy

    Danish offshore drilling contractor Maersk Drilling has entered into a definitive agreement to combine with Noble Corporation in a primarily all-stock transaction.

  • Yard stays, impairments impact Maersk Drilling results

    26 February 2015

    Danish drilling contractor Maersk Drilling delivered a profit of $478 million for the full year 2014, compared to $528 million in 2013. The company has said that the profit was positively impacted by high operational uptime as well as a gain of $73 million relating to the divestment of the drilling barge activities in Venezuela. However, […]

  • Premier finds no oil in Myrhauk well (Norway)

    3 September 2015
    Exploration & Production

    Premier Oil has found no oil in well 3/7-10 S, in Myrhauk prospect in the Norwegian North Sea. The well located about 45 kilometres northeast of the Valhall field was drilled with Maersk Guardian rig. Premier said that the well encountered approximately 110 metres of good reservoir quality Middle Jurassic sands, but those were water […]

  • Maersk Training Names UK Managing Director

    27 November 2013

    Maersk Training announced today that the company appointed Stuart Cameron as UK Managing Director. Cameron, who was previously managing Maersk Training in Newcastle, will now oversee both UK training centres in Aberdeen and Newcastle, and will be responsible for driving further the company’s expansion plans in the growing UK Oil & Gas, Maritime and Offshore […]

  • Gallery: Damen launches SSV Maersk Connector

    24 July 2015

    Maersk Supply Service has on July 23, 2015, launced its subsea support vessel (SSV) Maersk Connector at Damen Shipyards Galati, Romania.  The vessel is owned and operated by Maersk Supply Service and is built to contract for a seven year charter agreement with DeepOcean. Maersk Connector is the second of a new generation of cable-laying […]

  • Azinor teams up with Maersk Drilling and Seapulse to drill two UK wells in 2020

    3 May 2019
    Exploration & Production

    Azinor Catalyst Limited has committed to the Oil and Gas Authority to the drilling of two wells in 2020. These two firm wells form part of a three-well 2020 campaign.

  • UK regulator draws attention to competition concerns in Noble-Maersk merger

    22 April 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Market Outlooks, Rules & Regulation

    The UK’s competition regulator has found that the merger of Noble Corp. and Maersk Drilling could increase operating costs for oil and gas producers in the UK North Sea.

  • High Exploration Activity on the Norwegian Continental Shelf

    26 July 2010

    At the end of the first half of 2010 (as of 24 June) 2five exploration wells on the Norwegian shelf had been completed. During the same period last year, 33 exploration wells were drilled. 19 of the 2five are wildcat wells (new prospects) and six are appraisal wells (for delineation of earlier discoveries). Nine discoveries […]

  • Maersk Training to Offer GWO Courses in Aberdeen

    27 July 2016
    Business & Finance, Human Capital

    Maersk Training will be expanding its Global Wind Organisation (GWO) training locations and making the courses available at its centre in Aberdeen. GWO training is one of the industry requirements for anyone wishing to work in the growing renewables sector and Maersk Training is now the only provider to offer all five compulsory modules in […]

  • Maersk and Shell join forces for Gulf of Mexico workforce training

    4 May 2021
    Business & Finance, Business Developments & Projects, Human Capital

    The Shell Robert Training and Conference Centre in Louisiana has established a partnership with Maersk Training.

  • Maersk Training to Hold Open Evening in Newcastle

    23 December 2016
    Business & Finance, Human Capital, Research & Development

    Maersk Training in Newcastle has invited North East residents aged 15 or over to attend an Open Evening event on 18 January and learn more about the company’s range of accredited Career Transition Training Programmes. The Open Evening will be held at Maersk Training Newcastle Ltd, 2 Mercury Court, Orion Business Park, from 4 pm to 6:30 […]

  • Maersk aims for $500 million in cost cutting this year

    30 March 2010

    Danish shipping and oil group A.P. Moller-Maersk aims to cut costs by a further $500 million this year, it said in a company newsletter published on Monday. The group, which includes the world’s biggest container shipping company Maersk Line, cut more than $2 billion in costs in 2009 when it had its first annual loss […]

  • Tullow kicks off multi-year drilling campaign off Ghana

    6 April 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Tullow Oil has started a multi-year, multi-well drilling campaign off Ghana following the beginning of drilling of the first well at the Jubilee field.

  • Denmark: Maersk Line Tests New Exhaust Gas Cleaning System

    19 September 2011
    Business & Finance

      As part of its drive to cut sulphur emissions from its fleet towards zero, Maersk Line will test a new exhaust gas cleaning system. “Sulphur is a major problem for our industry. We are concerned with the impact on public health, in particular for people living close to busy ports,” says Jacob Sterling, Head […]

  • Maersk to Lease Two Vessels Currently Under Construction at Universal Shipyard in Japan

    18 October 2011

    Maersk Tankers, the tanker shipping unit of Danish shipping and oil group A.P. Moller-Maersk (MAERSKb.CO), said on Monday it… By Mette Fraende (Reuters) [mappress] Source: Reuters, October 18, 2011

  • Maersk Drilling Takes Early Delivery of World’s Largest Rig

    7 August 2014
    Business & Finance

    Keppel FELS Limited (Keppel FELS) has delivered the jackup rig XLE-2 to Maersk Drilling, a wholly owned subsidiary of A.P. Moller – Maersk A/S, on budget and seven days ahead of schedule.   The rig, which will be named at a ceremony in Norway in October 2014, is a XL Enhanced (XLE) harsh environment jackup […]

  • Maersk Tankers, Cargill to launch a joint bunker procurement service

    23 February 2021
    Business & Finance, Collaboration, Vessels

    Maersk Tankers and commodity trader Cargill have formed a partnership that will see the two companies combine their bunker volumes. The partnership will offer a new bunker procurement service to tramp shipping companies and trading houses. Initially, the goal is to procure bunker fuel for Cargill and Maersk Tankers’ combined fleet of over 900 vessels, […]

  • CCO: Hamburg Süd to Boost Maersk Line’s Position in Latin America, Oceania

    11 December 2017
    Business & Finance

    Maersk Line will gain “a significant position” in Latin America and Oceania after it acquired Hamburg Süd.

  • France: BOURBON Revenues Up in Third Quarter 2012

    7 November 2012
    Business & Finance, Operations & Maintenance

    BOURBON has marked growth in third quarter revenues of +21.4% (+13.0% at constant exchange rate). Revenues were up 18.9% over 9 months (+14.0% at constant exchange rate). “In a favorable oil and gas services market, BOURBON’s growth is in line with the BOURBON 2015 Leadership Strategy. Average daily rates are rising regularly and apply to […]

  • Maersk seals world’s 1st methanol dual-fuel conversion project with Chinese shipbuilder

    20 October 2023
    Business Developments & Projects, Green Marine, Innovation, Outlook & Strategy, Transition, Vessels

    Danish container shipping heavyweight Maersk has signed its first methanol dual-fuel conversion project with Chinese shipbuilder Zhoushan Xinya Shipbuilding Co. The momentous deal, inked during a special ceremony held on October 18, 2023, signifies the inception of the world’s maiden containership methanol dual-fuel conversion project. The strategic conversion of vessels to operate on methanol is […]

  • Denmark: Maersk Drilling Records Strong Demand for Advanced Drilling Rigs

    23 October 2012

    Since 2011 Maersk Drilling has invested USD 4.5 billion in seven new drilling units currently under construction; three ultra harsh environment jack-ups at KeppelFELS in Singapore and four ultra deepwater drillships at Samsung Heavy Industries in South Korea.  Maersk Drilling has signed a contract with ConocoPhillips Company a wholly owned subsidiary of ConocoPhillips (NYSE:COP) and […]

  • Maersk Drilling Profit Rises on High Operational Uptime

    14 November 2013
    Business & Finance

    Danish drilling contractor Maersk Drilling delivered a strong financial performance with a profit (NOPAT) of USD 148m (USD 84m) and a return on invested capital of 11.7% (8.5%). The increase in profit compared to Q3 2012 was mainly driven by higher average day rates and higher operational uptime, while managing to keep costs unchanged for […]

  • Denmark: Maersk Posts 1H 2011 Results

    17 August 2011
    Business & Finance

    Danish shipping and oil group A.P. Møller – Mærsk today announced results for for the first half of 2011. Revenue for the period increased by 9% to USD 29.9bn (USD 27.4bn), primarily due to higher oil prices and container volumes. Profit for the period was 8% higher at USD 2.7bn (USD 2.5bn), positively affected by […]

  • Maersk to Pilot New Biofuel with Select Companies

    20 June 2019
    Business & Finance, Rules & Regulation

    A new biofuel is being piloted with select Maersk customers engaged in sustainable solutions.