8117 results found for 'Maersk Oil'

8117 results found for 'Maersk Oil'
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  • Maersk Oil: Number of Qatari employees on the rise

    18 February 2015

    Maersk Oil Qatar, the country’s largest offshore oil producer, held its annual Qatarization awards ceremony this week, to recognise the people and initiatives that have supported the company’s efforts to hire and develop the nation’s future Qatari leaders. In his opening address Sheikh Faisal bin Fahad Al-Thani, Deputy Managing Director of Maersk Oil Qatar said: […]

  • Maersk Oil hires Island Offshore’s vessel

    4 February 2015

    Maersk Oil North Sea UK Limited has awarded a contract to Island Offshore covering the time charter of the purpose built walk-to-work, subsea support vessel Island Crown. The duration of the contract is 100 days, with options to extend the contracts further. The vessel will begin the contract on June 1, 2015, and the vessel is […]

  • ‘Crossway Eagle’ ready for Maersk Oil contract

    14 June 2016
    Exploration & Production

    Mike Mullen Energy Equipment Resources, a Dallas, Texas-based investor in offshore assets, has taken delivery of an offshore accommodation rig. The new built accommodation jack-up unit ‘Crossway Eagle’ was christened on Friday, June 10, and is now sitting on legs in front of the Franklin Offshore Europe yard in Rotterdam, waiting for its first contract. […]

  • 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 […]

  • Maersk Oil drifts away from Brazil

    8 July 2014
    Business & Finance, Project & Tenders

    Denmark’s Maersk Oil whichcompleted the acquisition of stakes in three Brazilian blocks from SK Energy for USD 2.4 billion in July 2011, now revised its strategy and will no longer pursue growth or operatorship for its business in Brazil. As a consequence of this, Maersk Oil has divested its ownership share in the small producing field […]

  • 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 Picks McDermott for Tyra Job

    25 December 2017
    Operations & Maintenance, Project & Tenders

    McDermott has been awarded a contract between USD $500 million and USD $750 million from Maersk Oil for engineering, procurement, construction and commissioning (EPCC) services for the Tyra Redevelopment project, located offshore in the Danish sector of the North Sea. “This award heralds our return to the North Sea and is a part of our […]

  • MSI Working for Maersk Oil, Offshore Angola

    5 September 2011
    Business & Finance, Equipment

    MSI announced that it has successfully completed mobilisation of a current mooring, as well as a metocean buoy, for Maersk Oil Angola in Block 16 offshore Angola in approximately 1,200m water depth. The primary objective of the project is to collect site specific current, wave and meteorological data through the entire water column in sufficient […]

  • IMO delays adoption of shipping carbon tax in ‘might is right’ show

    20 October 2025
    Authorities & Government, Regulation & Policy, Rules & Regulation

    Governments at the International Maritime Organization (IMO) agreed to delay the planned adoption of the Net-Zero Framework (NZF) for one year in a vote at the Extraordinary Session of the Marine Environment Protection Committee (MEPC E.2) in London on October 17.

  • iSURVEY Nets Maersk Oil Contract in Denmark

    4 April 2017
    Project & Tenders

    iSURVEY has been awarded a four-year survey and positioning contract by Maersk Oil. The contract which started in March 2017, has the option to extend by one 12-month period. Under the contract iSURVEY will support Maersk Oil Danish Business Unit with rig move operations in the Danish sector of the North Sea. The contract may […]

  • Hydratight Connectors for Maersk Oil Tyra Field

    7 July 2017
    Equipment

    Hydratight has been awarded the supply of the critical tie in components for the 8”, 12” and 26” pipelines within the Maersk Oil Tyra Field. In the initial phase of the redevelopment of the Tyra field, a bypass route needs to be created to enable production flow from other Danish Underground Consortium (DUC) assets. The […]

  • SubC Secures Maersk Oil EPCI Contract

    6 July 2015
    Equipment, Project & Tenders

    SubC Partner recently won an EPCI project on an FPSO with Maersk Oil in the Dumbarton field in the North Sea, 230 kilometers northeast of Aberdeen. The final goal of the project is to replace selected buoyancy modules on a live riser, without shutting down oil production, the company said. “We are delivering a turnkey […]

  • New Maersk Oil Exploration Licences in Norway

    12 February 2008

    Maersk Oil in Norway has been preliminarily awarded 2 new exploration licences – PL472 (Blocks 6406/2 & 6406/3) and PL474 (Blocks 6406/1 & 6406/2).

  • Island Offshore Lands Maersk Oil Charter

    4 February 2015
    Business & Finance, Operations & Maintenance, Project & Tenders

    Island Offshore has secured a contract from Maersk Oil North Sea UK covering the time charter of the purpose built walk-to-work, subsea support vessel Island Crown. The company said that the duration of the contract is 100 days, with options to extend the contracts further. The vessel will start the contract on June 01, 2015, and […]

  • Danish Energy Agency Clears Maersk Oil Sale

    2 March 2018
    Business & Finance

    The Danish Energy Agency has approved Maersk’s sale of its oil business.

  • Maersk Oil Profit Hit by Lower Prices and Output

    16 August 2013

    Denmark’s Maersk Oil today reported net profit of $249 million, a drop from the $468 million achieved in the same period last year. The result was negatively influenced by lower average oil price of USD 102 per barrel compared to last year’s USD 108 per barrel and lower entitlement production of 226,000  boepd (287,000 boepd), […]

  • VIDEO: Maersk Oil Gryphon FPSO – The Recovery Story

    3 June 2013

    In February 2011, Maersk Oil’s Gryphon FPSO suffered significant damage in heavy storms in the turbulent North Sea. After nearly 20 years of uninterrupted service, the FPSO had to leave the Gryphon field for the first time for repairs and upgrade. Last Wednesday, May 29, Maersk Oil announced that the FPSO was back in production following […]

  • Bibby Offshore finishes subsea work for Maersk Oil

    13 December 2017

    Bibby Offshore, the UK-based subsea services provider to the oil & gas industry, has completed a multi-million-pound contract with Maersk Oil UK.

  • Total buying Maersk Oil in $7.45 billion deal

    21 August 2017

    French oil giant Total is set to acquire its Danish rival Maersk Oil and Gas for $7.45 billion dollars. Danish Maritime giant Maersk A/S informed on Monday it had entered into an agreement to sell its subsidiary Mærsk Olie og Gas A/S to Total S.A. for $7.45bn in a combined share and debt transaction. This […]

  • Maersk Oil Awards Atkins with Engineering Support Contract

    23 April 2014
    Business & Finance, Operations & Maintenance, Project & Tenders

    Atkins has won an engineering support contract covering three of Maersk Oil’s UK assets in the North Sea. The Gryphon FPSO, Global Producer III FPSO and Janice FPU are planned for major offshore inspection, repair and maintenance (IRM) works this year, in addition to field expansion works. Maersk has committed to this plan by contracting […]

  • Bourbon Liberty 151 to Work for Maersk Oil (Qatar)

    29 March 2013
    Business & Finance

    A year after taking delivery of its last Bourbon Liberty 200 vessel and 1st Bourbon Liberty 300 vessel, BOURBON has extended its range of services with the Bourbon Liberty 151, the very first vessel in a series of 15 next generation PSVs. BOURBON has been investing in an extensive range of next generation built-in-series vessels […]

  • Maersk Oil receives approvals for Flyndre and Cawdor fields

    28 May 2014

    Maersk Oil UK Limited has received approval from the UK and Norwegian authorities to develop the Flyndre and Cawdor fields. The fields lie approximately 293 km South East of Aberdeen in blocks 30/13 and 30/14 of the UK North Sea (Flyndre and Cawdor) and block 1/5 of the Norwegian North Sea (Flyndre only). The Flyndre […]

  • RockRose to acquire Maersk Oil North Sea stakes

    15 September 2016
    Business & Finance

    RockRose Energy plc is set to buy some UK oil and gas field stakes from Maersk Oil North Sea UK Ltd, a subsidiary of Danish oil firm Maersk Oil. The two companies have signed non-binding headline terms and a period of exclusivity from under which RockRose would buy Maersk Oil’s non-operated interests in the Wytch […]

  • First steel cut for Maersk Oil’s Culzean topsides

    7 April 2016
    Project & Tenders

    Construction of the topsides to be installed at Maersk Oil operated UK North Sea megaproject, Culzean has begun. The steel-cutting ceremony for the first of the three topsides modules took place at the Sembcorp Marine Offshore Platforms (SMOP – formerly known as SMOE) Admiralty Yard in Singapore on Thursday, April 7. Culzean is the largest […]

  • Maersk Oil Awarded Offshore Licence in West Greenland

    28 November 2010
    Business & Finance

    Greenland announced today that Maersk Oil has been awarded a licence covering Block 9 in Baffin Bay, offshore West Greenland. The frontier exploration block is 11,802 sq km – about one fourth of the total size of Denmark. Nunaoil, Greenland’s national oil company, will be a partner with a 12.5% interest. “We are pleased to […]