maersk drilling

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

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

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

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

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

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

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

  Maersk Oil says it intends to implement workforce reductions amounting to 10% to 12% of its global workforce amid the low price of oil. The move,

By Christian Wienberg (Bloomberg) — A.P. Moeller-Maersk has invited a Danish parliament committee to visit one of its North Sea oil fields amid

By Christian Wienberg (Bloomberg) — A.P. Moeller-Maersk A/S’s oil unit cut $1 billion off its annual budget for capital expenditure after petroleum

  Another huge contract handed out today by Maersk Oil one day after the company and its partners won UK approval for the multi-billion development of the

  Offshore contractor Subsea 7 says it has been awarded a $150 million subsea, umbilical, riser and flowline (SURF) contract by Maersk Oil for the

  COPENHAGEN, Aug 31 (Reuters) – Maersk Oil has received approval by the UK’s Oil & Gas Authority to develop the largest gas field

  By Christian Wienberg (Bloomberg) — A.P. Moeller-Maersk A/S is actively searching for North Sea oil acquisitions as the drop in energy prices

  Maersk Drilling says it has been awarded a new $16 million contract for the jack-up rig Maersk Giant with Danish energy utility DONG Energy, saving the

  MANILA, July 20 (Reuters) – An Australian-Filipino consortium led by Otto Energy Ltd is set to drill a deep-water exploratory well in the South

  Maersk Drilling has decided to decommission its jack-up rig Maersk Endurer amid the current over-supply of drilling rigs in the offshore market. Maersk

  A jack-up barge was badly damaged this week after it collapsed offshore Qatar at the Maersk Oil-operated Al Shaheen field in the Persian Gulf. Gulf

The oil drilling industry faces a wave of take-overs in the next two years as crude prices are expected to remain under $85 per barrel, said Claus Hemmingsen,

Denmark's A.P. Moller-Maersk will cut 200 jobs in its Maersk Oil unit due to a drop in the oil price and to reduce operating costs by 20 percent over the next