Monday, April 27, 2020
north sea drilling rigs

Maersk Drilling Announces North Sea Layoffs

Maersk Drilling says it is taking steps to reduce its offshore crew pool as it stacks North Sea rigs in light of the COVID-19 pandemic and crash in oil prices. ...

April 27, 2020
Total Views: 22

Thursday, April 4, 2019
maersk drilling rig

Maersk Completes Oil and Gas Spin Off as Drilling Unit Lists in Copenhagen

COPENHAGEN, April 4 (Reuters) – A.P. Moller-Maersk spun off its oil and gas drilling unit and listed it separately on the Copenhagen stock exchange on Thursday, where it was traded...

April 4, 2019
Total Views: 22

Wednesday, August 29, 2018
MAersk Drill-Ship

Maersk Drilling Is Ready To Stand On Its Own Says CEO

By Nerijus Adomaitis (Reuters) – Drilling rig contractor Maersk Drilling will provide strong competition for its peers when it is spun off from the A.P. Moller-Maersk conglomerate next year, its chief...

August 29, 2018
Total Views: 20

Friday, August 17, 2018

Maersk’s Offloading of Drilling Unit is Latest Move to Exit Energy

By Christian Wienberg (Bloomberg) — A.P. Moller-Maersk A/S has decided to list its drilling unit separately, marking its latest step toward a complete exit from the energy industry. Copenhagen-based Maersk, which owns...

August 17, 2018
Total Views: 1

maersk drilling rig
Maritime News

Maersk to Spin Off Drilling Unit, Hand Total Shares to Investors

By Jacob Gronholt-Pedersen and Stine Jacobsen COPENHAGEN, Aug 17 (Reuters) – A.P. Moller-Maersk said on Friday it would spin off its offshore drilling operation and list it in Copenhagen next year,...

August 17, 2018
Total Views: 4

Thursday, August 16, 2018
Maritime News

Maersk Said to Plan Drilling Spinoff to Focus on Transport

Update: Maersk Confirms Drilling Unit Spin-Off By Manuel Baigorri, Ruth David and Matthew Miller (Bloomberg) — A.P. Moller-Maersk A/S is planning to spin off its drilling unit instead of pursuing...

August 16, 2018
Total Views: 1

Monday, July 2, 2018
maersk supply service vessel
Maritime News

Maersk Unveils Maersk Decom, Its New Oil Rig Decommissioning Unit

A.P. Moller – Maersk’s new oil rig decommissioning unit had its name unveiled last week along with confirmation that its senior management team is now in place. The new company,...

July 2, 2018
Total Views: 24

Wednesday, May 9, 2018
maersk drilling rig
Maritime News

Maersk Likely to Shelve Plans to List Drilling Division – Sources

By Clara Denina , Jonathan Saul, Dasha Afanasieva and Jacob Gronholt-Pedersen LONDON/COPENHAGEN, May 9 (Reuters) – Shipping group A.P. Moller-Maersk is likely to shelve plans to list its struggling offshore drilling...

May 9, 2018
Total Views: 5

Thursday, April 12, 2018
maersk supply service vessel
Maritime News

Maersk Units Form New Offshore Decommissioning Company

Maersk Drilling and Maersk Supply Service have announced a joint venture that will provide decommissioning services to offshore oil and gas operators. The 50-50 joint venture will initially offer bundled...

April 12, 2018
Total Views: 14

Tuesday, February 20, 2018
Maritime News

Wärtsilä and Maersk Drilling Agree to Long-Term Strategy for Thruster Maintenance

Finnish technology company Wärtsilä on Tuesday said it has reached an agreement with offshore drilling contractor Maersk Drilling create a long-term strategy aimed at reducing costs and downtime associated with...

February 20, 2018
Total Views: 6


Maersk Energy Boss Sees Uptick in Offshore Oil Drilling But Profit Still Squeezed

By Stine Jacobsen COPENHAGEN, Feb 20 (Reuters) – Prospects for the offshore oil drilling market are improving but profits for drillers are still under pressure and rates will not rise...

February 20, 2018
Total Views: 7

Wednesday, January 24, 2018

Report: Maersk Drilling Laying Off 84 Drillship Workers in U.S.

Maersk Drilling is reportedly laying off 84 Houston-based offshore workers due to lack of work, the Houston Business Journal reported based on a letter it obtained from the Texas Workforce...

January 24, 2018
Total Views: 9

Thursday, June 8, 2017
maersk invincible

North Sea Drilling Rig Using 100% Shore Power to Cut Carbon Emissions

By Lefteris Karagiannopoulos OSLO, June 8 (Reuters) – An offshore drilling rig hired by Norwegian oil and gas producer Aker BP is getting all its power from electricity produced onshore,...

June 8, 2017
Total Views: 13

Wednesday, May 24, 2017
Maritime News

ExxonMobil Extends Contract for Maersk Drillship at a Fraction of the Original Rate

Maersk Drilling says it has been awarded a 150-day contract extension by ExxonMobil for the ultra-deepwater drillship Maersk Viking at a significantly lower day rate compared to the original long-term...

May 24, 2017
Total Views: 35

Friday, January 6, 2017

Maersk Drilling Takes Delivery of Final XLE Jack-Up, Maersk Invincible

Maersk Drilling has taken delivery of its fourth XLE jack-up rig, the Maersk Invincible, from Daewoo Shipbuilding and Marine Engineering (DSME) in South Korea. The rig is the fourth and...

January 6, 2017
Total Views: 17

Monday, October 24, 2016

Maersk Drilling to Cut 70 Head Office Jobs

Maersk Drilling has announced that it is reducing its headcount at its main office in Copenhagen by about 70 positions. “This is a response to the continued market decline and...

October 24, 2016
Total Views: 7

Friday, October 14, 2016

Maersk Drilling Names World’s Biggest Jack-Up, Maersk Invincible

Maersk Drilling on Friday named one of the world’s largest jack-up rig, Maersk Invincible, at the DSME shipyard in Okpo, South Korea. The rig is the last of Maersk Drilling’s...

October 14, 2016
Total Views: 410

Monday, August 15, 2016

Maersk Drilling Looking to Avoid Laying Up Rigs

COPENHAGEN, Aug 15 (Reuters) – Maersk Drilling expects the weak market to continue in the short and medium term but still hopes to avoid laying up or cold stacking rigs...

August 15, 2016
Total Views: 11

Tuesday, August 2, 2016
maersk valiant
Maritime News

Maersk Drilling to Cut 122 Jobs in U.S. After Losing Drillship Contract

COPENHAGEN, Aug 2 (Reuters) – Maersk Drilling will cut 122 jobs in the United States due to the early termination of a contract for deepwater rig Maersk Valiant, a spokeswoman...

August 2, 2016
Total Views: 37

Tuesday, June 28, 2016
maersk oil sale

Loss of Qatari Oil Contract Piles Pressure on Maersk Profits

By Teis Jensen and Jonathan Saul COPENHAGEN/LONDON, June 28 (Reuters) – Denmark’s A.P. Moller-Maersk has lost a major oil production contract in Qatar this week, just days after the shipping...

June 28, 2016
Total Views: 21