8115 results found for 'Maersk Oil'

8115 results found for 'Maersk Oil'
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  • UCL: Climate transition could hit South Korean, Chinese, and European shipping financiers hardest

    22 October 2025
    Business & Finance, Market Outlooks, Transition

    European, Chinese and South Korean financiers have over half of their portfolio tied to oil and gas carriers that are most at risk of becoming stranded assets in the global rush to shift to a low-carbon energy system, a new report by UCL’s Energy Institute Shipping and Oceans Research Group suggests. As the global economy […]

  • First oil flows from offshore project in Southeast Asia ahead of schedule

    13 October 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Vietsovpetro, the Vietnam–Russia joint venture (JV), has brought online a wellhead platform at a field off the coast of Vietnam, Southeast Asia.

  • Plug Power, Edgewood Renewables team up on renewable fuels facility in North LV

    24 October 2025
    Collaboration, Outlook & Strategy

    US hydrogen solutions provider Plug Power has entered into a strategic partnership with Edgewood Renewables, a compatriot producer of renewable fuels, to support the development and construction of the latter’s renewable fuel facility in North Las Vegas, Nevada.

  • Equinor’s ‘largest international asset’ starts producing oil off Brazil

    16 October 2025
    Business Developments & Projects, Exploration & Production, Infrastructure

    Norwegian state-owned energy giant Equinor and its partners have achieved start-up of production from a large field in Brazil’s Santos Basin.

  • BP corroborates preliminary results of Rhino’s gas condensate discovery in Namibian waters

    21 October 2025
    Business Developments & Projects, Exploration & Production

    BP has backed the disclosed findings related to a recent gas condensate discovery, which Rhino Resources, an African energy exploration player, made off the coast of Namibia, with a semi-submersible rig, owned by Northern Ocean (NOL) and managed by Odfjell Drilling.

  • Beihai Shipbuilding pushes ahead with CMB.TECH’s ammonia bulker fleet

    17 October 2025
    Business Developments & Projects, Vessels

    Qingdao Beihai Shipbuilding Heavy Industry (BSIC), an arm of China State Shipbuilding Corporation (CSSC), has marked new construction milestones for four future-proof vessels being built for Belgium-based shipowner CMB.TECH. As announced by CSSC in a statement on October 16, Beihai Shipbuilding has floated out a pair of brand-new 210,000 dwt ammonia-fueled bulk carriers (Hulls no. […]

  • US firm lands $450 million job for floating LNG terminal in Iraq

    28 October 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Excelerate Energy, a U.S.-based liquefied natural gas (LNG) company in Texas, has struck a new deal for the construction of a fully integrated floating LNG (FLNG) import terminal in Iraq.

  • Farm-out deal inked to unlock Pakistan’s offshore hydrocarbon potential

    15 October 2025
    Business Developments & Projects, Exploration & Production

    Turkish Petroleum Overseas Company (TPOC), a wholly owned subsidiary of the state-owned Türkiye Petrolleri Anonim Ortaklığı (TPAO), and two Pakistani firms have inked a farm-out agreement with Pakistan Petroleum Limited (PPL) for a block offshore Pakistan.

  • North Sea field closing 56-year gas chapter as Eni explores its CCS future

    17 October 2025
    Business Developments & Projects, Carbon Capture Usage & Storage

    Italy’s oil and gas giant Eni has drilled an appraisal well for a veteran field in the UK sector of the North Sea to assess its potential for carbon capture and storage (CCS).

  • BP is on a roll with sixth major project up and running: More North Sea oil & gas unlocked

    9 October 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    UK-headquartered energy giant BP has brought online an oil and gas field in the North Sea, which is developed as a subsea tie-back to an existing platform on the UK Continental Shelf (UKCS).

  • Plexus Wins with Maersk Oil

    5 June 2017
    Business & Finance, Equipment, Project & Tenders

    Plexus has entered into a new 4-year contract with Maersk Oil North Sea UK for the provision of wellhead, mudline suspension systems and associated services. The initial purchase order is to prepare and provide POS-GRIP HPHT surface wellhead systems and Tersus mudline suspension equipment on a stand-by basis ready to mobilise in the event of […]

  • Maersk Oil Cuts Workforce

    26 October 2015
    Business & Finance

    Maersk Oil, a Danish oil and gas company owned by the A. P. Moller-Maersk Group, revealed today its intention to implement workforce reductions of 10-12% across its business as the company pushes to cut costs by 20% by the end of 2016. The decision will result in 1,250 layoffs across the organisation during 2015, the company said. “The move follows […]

  • Management changes in Maersk Oil

    17 August 2009

    Thomas Thune Andersen will leave his position as CEO of Maersk Oil and partner in Firmaet A.P. Møller as of the end of August. New CEO of Maersk Oil will be Jakob Thomasen who recently has been head of exploration and business development in Maersk Oil. Furthermore, he will become a member of the Executive […]

  • Maersk Oil Cuts Workforce

    26 October 2015
    Business & Finance

    Maersk Oil, a Danish oil and gas company owned by the A. P. Moller-Maersk Group, revealed today its intention to implement workforce reductions of 10-12% across its business as the company pushes to cut costs by 20% by the end of 2016. The decision will result in 1,250 layoffs across the organisation during 2015, the company said. “The move follows […]

  • Maersk Oil hires ‘COSLRigmar’

    6 July 2015
    Business & Finance, Exploration & Production

    COSL Drilling Europe has reportedly secured a contract for its rig COSLRigmar with Maersk Oil. The COSLRigmar is a self-elevating jack-up accommodation rig built in 1979 and designed to operate in water depths up to 85 meter. The rig was converted to accommodation unit in 1992 in Brevik, Norway and is classed by Det Norske Veritas: Class 1A1 […]

  • Valaris rig spuds Angola’s inaugural non-associated gas development for Azule

    13 October 2025
    Business Developments & Projects, Exploration & Production

    Azule Energy, a joint venture between two energy majors, Italy’s Eni and the UK’s BP, has started drilling the first well in what is said to be Angola’s first non-associated gas development.

  • Maersk Oil Awarded Licence in Norway

    19 January 2011
    Business & Finance

    Maersk Oil announces it has been awarded a licence in the Norwegian North Sea as a result of the latest APA Licensing Round. The licence is a geographical extension of Licence PL501, where operator Lundin and partners Statoil and Maersk Oil made the recent Avaldsnes discovery, into blocks 16/3 and 16/6. The licence holding structure […]

  • Maersk Oil makes ‘unsettling’ changes

    29 September 2016

    Danish oil firm Maersk Oil on Thursday outlined plans to review the scope and scale of its headquarters organization over the next three months. The to-be CEO Gretchen Watkins said the changes could be unsettling for the employees. The move is a response to the recent outcome of the Maersk Group’s strategic business review and […]

  • Total closes Maersk Oil deal

    8 March 2018
    Business & Finance

    French oil company Total has completed the Maersk Oil acquisition signed on August 21, 2017.

  • Maersk Oil axes jobs in Denmark

    9 January 2017

    Danish oil company Maersk Oil has made plans to reduce its workforce in Denmark by up to 160 positions.  Following the organizational review of Maersk Oil headquarters carried out in late 2016, Maersk Oil Danish Business Unit (DBU) on Monday announced that it will simplify its organization to improve efficiency and ensure delivery of the […]

  • Maersk Oil in Flyndre Start-Up

    27 March 2017
    Business & Finance, Operations & Maintenance

    Production has begun from the Maersk Oil-operated Flyndre field in the UK and Norwegian North Sea. First oil began to flow on Sunday, March 26, travelling 25 kilometers via pipeline to the Repsol Sinopec-operated Clyde platform. Production from the Flyndre field is expected to peak at around 10,000 bopd with the field expected to produce […]

  • Maersk oil releases environmental report

    11 April 2014

    The Environmental Report 2013 covering Maersk Oil’s oil and gas activities in the Danish North Sea is now available. “Across the business, activity levels were high at Maersk Oil Danish Business Unit in 2013. This was largely due to increased maintenance to safeguard production at our older platforms and wells; continued progress on projects to […]

  • Maersk Oil to buy Brazilian assets

    23 December 2010

    The fully owned subsidiary of A.P. Møller – Mærsk A/S, Mærsk Olie og Gas A/S (“Maersk Oil”), has agreed with SK Energy Co., Ltd. to acquire SK do Brasil Ltda. for USD 2.4 billion on a cash and debt-free basis. The acquisition is subject to customary conditions, including governmental approval and will not affect the […]

  • Maersk Oil Begins Culzean Drilling

    29 September 2016
    Operations & Maintenance

    Danish company Maersk Oil has started drilling of the first production well on the Culzean field off UK on Wednesday, September 29. The well is the first of six production wells to be drilled on the high pressure/high temperature (HPHT) field, with continuous drilling activity planned over the next five years. “This is an important milestone […]

  • Bilfinger lands work with Maersk Oil

    22 June 2016
    Business & Finance

    Industrial lifecycle support partner Bilfinger Salamis UK has secured a contract to provide inspection enactment services to Danish oil and gas company Maersk Oil. The award comes as the company achieves accreditation from certification bodies DNV GL and Lloyd’s Register for the provision of Thickness Measurement of Hull Structures, extending its FPSO inspection service offering. According […]