maersk oil

Offshore

Maersk’s Big Oil Exit Comes With a $1.2 Billion Ball-and-Chain

By Christian Wienberg (Bloomberg) — A.P. Moller-Maersk A/S is about to exit the Danish offshore oil industry that it created half a century ago. But for

Shipping News

Threat of Price War Clouds Horizon for Maersk Shipping Business

By Jacob Gronholt-Pedersen COPENHAGEN, Aug 22 (Reuters) – A.P. Moller-Maersk has been fortified by the $7.5 billion sale of its oil and gas business to

News

Total Deepens North Sea Exposure with $7.5 Billion Maersk Oil Deal

By Bate Felix and Jacob Gronholt-Pedersen PARIS/COPENHAGEN, Aug 21 (Reuters) – Total is buying Maersk’s oil and gas business in a $7.45 billion

News

Denmark EPA Reports Maersk Oil to Police For Dumping Chemicals into North Sea

COPENHAGEN, Aug 10 (Reuters) – The Danish environmental protection agency (DEPA) said on Thursday it had reported Maersk Oil, the oil unit of A.P.

Shipping News

Maersk Could Land Danish North Sea Oil Deal Within Days, Sources Say

By Erik Matzen COPENHAGEN, March 7 (Reuters) – Oil and shipping conglomerate A.P Moller-Maersk could land a deal with the Danish government on oil and

Offshore

Maersk Oil Announces 160 Layoffs in Denmark

Maersk Oil plans to reduce its workforce in Denmark by approximately 160 positions as part of a plan to simplify the organization, the company said this week.

News

Maersk Oil Confirms Plan to Shut Tyra Field in 2018

Dec 30 (Reuters) – Maersk Oil, a subsidiary of Danish shipping and oil company A.P. Moller-Maersk, confirmed in a statement on Friday that it planned to

News

World’s Biggest Shipping Line Can’t Kick Its Oil Habit

By Chris Bryant (Bloomberg Gadfly) — Soren Skou doesn’t hang around. Shortly after he became chief executive of AP Moller-Maersk A/S in the summer,