maersk drilling

By Angelina Rascouet (Bloomberg) — When Total SA warned last month it was ready for acquisitions, U.S. shale assets weren’t at the top of its

By Geraldine Amiel and Christian Wienberg (Bloomberg) Total SA agreed to buy the oil and gas unit of A.P. Moller-Maersk A/S, the French company’s biggest

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

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

By Teis Jensen COPENHAGEN, March 22 (Reuters) – Shipping and oil company A. P. Moller-Maersk on Wednesday reached an agreement with the Danish state that

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.

By Sophie Sassard and Ron Bousso LONDON, Nov 28 (Reuters) – Denmark’s A.P. Moller-Maersk and DONG Energy are in talks to merge their oil and gas

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

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

By Chris Hughes (Bloomberg Gadfly) — AP Moeller-Maersk is the latest company to do the splits. But the Danish conglomerate isn’t going for a dramatic

By Ron Bousso LONDON, Sept 14 (Reuters) – Maersk Oil, a unit of Danish conglomerate A.P. Moller-Maersk, has agreed to sell stakes in three North Sea

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

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

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

Maersk Oil says it will be leaving Qatar after losing the contract to operate the country’s largest producing offshore oil field. The news comes as

Maersk Drilling has entered into a definitive agreement to acquire the newbuild harsh environment jack-up rig from struggling rival Hercules Offshore (Nasdaq:

COPENHAGEN, May 9 (Reuters) – Denmark’s Maersk Oil will cut 40 jobs in Copenhagen, Aberdeen and Stavanger due to the low oil price, it said on

By Christian Wienberg (Bloomberg) — A.P. Moeller-Maersk A/S is adapting its cost base to prepare for the risk of lower crude prices as the world keeps

Maersk Oil, the Danish oil and gas company owned by the A. P. Moller-Maersk Group, has announced that it will cease production from its Tyra field in the

A Maersk drillship has broken the world record for the deepest water depth for an offshore oil rig after spudding a well located more than two miles