8078 results found for 'Maersk Oil'

8078 results found for 'Maersk Oil'
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  • Weatherford scores multi-well gig at Mexico’s first deepwater oil development

    29 July 2025
    Business Developments & Projects, Project & Tenders

    U.S. oilfield services company Weatherford International has won a contract to deliver drilling services for a project offshore Mexico operated by the Mexican subsidiary of Australia’s oil and gas giant Woodside Energy.

  • MODEC delivers another piece of puzzle for Guyana-bound FPSO

    25 July 2025
    Business Developments & Projects, Project & Tenders

    Japan’s MODEC has delivered a structure that will form part of a floating production storage and offloading (FPSO) unit to be deployed to a project offshore Guyana operated by ExxonMobil, a U.S.-headquartered oil and gas giant.

  • 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 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 […]

  • 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 […]

  • 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 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 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 […]

  • 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 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 […]

  • Port of Nigg’s owner passes the baton to Japanese investor

    31 July 2025
    Business & Finance, Business Developments & Projects, Infrastructure, Ports & Logistics

    Global Energy Group (GEG) has concluded an agreement with Japanese company Mitsui & Co. for the sale of its group companies, including The Port of Nigg.

  • 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 […]

  • Coretrax Secures Maersk Oil Contract

    22 August 2017
    Project & Tenders

    Coretrax has been awarded an abandonment contract with Maersk Oil. The contract is for Maersk Oil’s well abandonment campaign in the Central North Sea and Coretrax will provide wellbore abandonment services including bridge plugs, drillable scrapers, service tools and wellbore clean up fluids. Work will start this month and last over a three-year period. Coretrax global […]

  • 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 […]

  • TWMA scores double with Maersk Oil

    24 May 2017
    Business & Finance, Exploration & Production

    Waste management firm TWMA has been awarded two new projects with Maersk Oil UK in the central North Sea.  TWMA said on Wednesday that both projects were already underway. The first project is onboard the Ocean Valiant semi-sub rig and will run until March 2018, while the second project on the Maersk Gallant jack-up rig […]

  • Polarcus in 4D Shoot for Maersk Oil

    18 December 2015
    Business & Finance, Operations & Maintenance, Project & Tenders

    Polarcus has received a Letter of Intent (LOI) from Maersk Oil on behalf of the Danish Underground Consortium (DUC) for a 4D marine seismic survey offshore Denmark. According to the company’s Oslo filing, the project will start in the second quarter of 2016 and will run for approximately 3 months. “This is the Company’s fifth […]

  • First oil flows from Chinese major’s Bohai Sea shallow water asset

    22 July 2025
    Business Developments & Projects, Exploration & Production, Infrastructure

    CNOOC Limited, a subsidiary of Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC), has started production at a shallow oilfield located in the southern Bohai Sea.

  • Maersk gains approval for sale of Maersk Oil to Total

    2 March 2018
    Business & Finance

    The Danish Energy Agency has issued its approval of A.P. Moller – Maersk’s sale of Maersk Oil to global oil major Total.

  • Maersk Oil posts $2.1B loss for 2015

    10 February 2016

    Danish oil company Maersk Oil made a loss of $2.1bn in 2015, compared to a loss  of $861 million in the full year 2014. According to the oil firm, the result was negatively affected by impairments after tax of $2.6 billion due to the low oil price expectations. The underlying profit was down to $435 milion, from […]

  • Maersk Oil’s profit soars on cost cuts

    2 November 2016
    Business & Finance

    Danish oil company Maersk Oil posted a $145 million profit for the third quarter of 2016, an increase from $32 million profit achieved a year ago. The company said that the profit was positively affected by higher operational efficiency and lower costs. It reduced operating expenses excluding exploration by 21% to $468 million from $594 […]

  • APA 2013: High Five for Maersk Oil

    21 January 2014

    Maersk Oil Norway was granted five new licences; two in the North Sea and three in the Barents Sea; in today’s APA (Awards in Predefined Areas) licence round.   “The new licences are a welcome addition to Maersk Oil Norway’s portfolio. Maersk Oil has a global target of sustaining an entitlement production of 400,000 bpd […]