maersk drilling

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

May 24, 2017
Total Views: 77

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.

January 6, 2017
Total Views: 35

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

October 24, 2016
Total Views: 8

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

October 14, 2016
Total Views: 721

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

August 15, 2016
Total Views: 30

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

August 2, 2016
Total Views: 88

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

June 28, 2016
Total Views: 61

Maritime News

Maersk Oil Loses Qatar

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

June 28, 2016
Total Views: 475

Saturday, May 28, 2016
jack-up drilling rigs
Maritime News

Maersk Drilling Buys Newbuild Jack-Up from Rival Hercules

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

May 28, 2016
Total Views: 61

Monday, May 9, 2016
maersk oil sale
Maritime News

Maersk Oil to Cut 40 Staff Amid Slumping Oil Price

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

May 9, 2016
Total Views: 1

Wednesday, May 4, 2016
maersk oil sale

Oil Price Risk Forces Maersk to Plan Deeper Cost Cuts

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

May 4, 2016
Total Views: 45

Monday, April 4, 2016
Maritime News

Maersk to Shut Denmark’s Tyra Field if No Viable Solution Found by End 2016

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

April 4, 2016
Total Views: 6

Friday, April 1, 2016
maersk venturer drillship
Maritime News

Maersk Drillship Spuds World’s Deepest Well

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

April 1, 2016
Total Views: 962

Wednesday, March 30, 2016

Maersk Deliverer Contract Terminated Early

Maersk Drilling says it has received a notice of early contract termination from its client for the ultra-deepwater semi-submersible Mærsk Deliverer. The

March 30, 2016
Total Views: 113

Friday, March 18, 2016
maersk drilling rig
Maritime News

Maersk Drilling CEO Ready to Buy Used Rigs In Pricing Rejig

By Christian Wienberg and Mikael Holter (Bloomberg) — Maersk Drilling is looking into buying used oil rigs to take advantage of low prices and the

March 18, 2016
Total Views: 4

Thursday, February 11, 2016
maersk drilling rig
Maritime News

Maersk Drilling Sees Rig Overcapacity Lasting for ‘Foreseeable Future’

OSLO, Feb 11 (Reuters) – As much as one third of the global offshore fleet of oil drilling rigs could be idled in 2016 as energy firms scale back

February 11, 2016
Total Views: 4

Wednesday, February 10, 2016
Maritime News

Maersk’s $2.5 Billion Loss in Q4 2015 Worse Than Expected

By Ole Mikkelsen COPENHAGEN, Feb 10 (Reuters) – Denmark’s A.P. Moller-Maersk tumbled to a loss of $2.5 billion in the last three months of 2015

February 10, 2016
Total Views: 29

Monday, January 11, 2016
maersk drilling rig
Maritime News

Maersk Faces ‘Toxic Cocktail’ in 2016, Analyst Nordea Says

By Christian Wienberg (Bloomberg) — A.P. Moeller-Maersk A/S is a conglomerate with about 900 different divisions, but investors only really need to worry

January 11, 2016
Total Views: 27

Tuesday, November 17, 2015
Maersk oil total
Maritime News

Maersk Oil Says it Has Several Billions to Spend on Acquisition Drive

By Karolin Schaps and Ron Bousso LONDON, Nov 17 (Reuters) – Danish oil company Maersk Oil has several billion dollars to buy new licences, oil-producing

November 17, 2015
Total Views: 14

Friday, November 6, 2015

Maersk Oil Profit Sank 86% Last Quarter as Prices Plunge

  Christian Wienberg (Bloomberg) — A.P. Moeller-Maersk A/S, Denmark’s biggest company, said profit at its oil unit dropped 86 percent in the

November 6, 2015
Total Views: 30