Maersk Oil to Cut Up to 12% of its Global Workforce
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,
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
Maersk Drilling has been awarded a long-term contract today from eni’s subsidiary in Ghana for the employment of their new drillship, Maersk Voyager.
Maersk Drilling has announced that its third and final XL Enhanced ultra harsh environment jack-up has been delivered ahead of schedule by Keppel FELS shipyard
Niall Farrell from Greystones, Ireland sent us the following drawing he sketched up today on his notepad. This might be the first drawing that has ever been
COPENHAGEN, Jan 7 (Reuters) – Maersk Oil, a unit of Denmark’s A. P. Moller-Maersk, has postponed a decision on whether to drill for oil at a
Maersk Drilling reports today its jack-up rig Maersk Resolute will continue to be employed by Hess until April 2016 after four one-well contract options were
The newly delivered drillship Maersk Venturer has just been picked by Total for a 45-day/one-well drilling job offshore Malaysia. The approximately USD $17
Maersk Drilling’s fourth ultra deepwater drillship was named Thursday morning in a ceremony held at the Samsung Heavy Industries (SHI) shipyard in Geoje,
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