Monday, March 5, 2018
Offshore News

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 the next few decades,...

March 5, 2018
Total Views: 0

Wednesday, November 15, 2017
Ocean Troll ERRV
Offshore News

Atlantic Offshore Secures Two-Year Charter for ERRV Ocean Troll in UK North Sea

Offshore shipping company Atlantic Offshore has secured a two-year charter with Maersk Oil in the UK for the use of the Emergency Response and Rescue (ERRV) Ocean Troll. For the...

November 15, 2017
Total Views: 6

Tuesday, August 22, 2017
Maritime 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 France’s Total, but the company’s...

August 22, 2017
Total Views: 0

maersk oil sale
News

Total Snubs Expensive U.S. Shale With North Sea-Focused Deal

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 shopping list. On Monday, the French energy...

August 22, 2017
Total Views: 0

Monday, August 21, 2017
Maersk oil total
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 deal which the French major said would...

August 21, 2017
Total Views: 3

maersk jack-up rig
finance

Total To Pay $5 Billion For Maersk Oil

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 acquisition since 1999 and another...

August 21, 2017
Total Views: 1

Thursday, August 10, 2017
maersk jack-up rig
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. Moller-Maersk, to the police for discharging...

August 10, 2017
Total Views: 1

Wednesday, March 22, 2017
News

Maersk Reaches Key North Sea Tax Deal with Denmark

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 means it will pay less...

March 22, 2017
Total Views: 0

Tuesday, March 7, 2017
Maritime 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 gas operations in the North...

March 7, 2017
Total Views: 4

Tuesday, January 10, 2017
al-shaheen
Maritime News

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. The upcoming layoffs...

January 10, 2017
Total Views: 1

Friday, December 30, 2016
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 stop production at its...

December 30, 2016
Total Views: 4

Tuesday, November 29, 2016
maersk valiant
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, the Danish conglomerate said it would...

November 29, 2016
Total Views: 4

Monday, November 28, 2016
Maersk oil total
Maritime News

Maersk and Dong Energy Discussing $10 Billion Oil Merger -Sources

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 operations in a deal...

November 28, 2016
Total Views: 1

Thursday, September 22, 2016
maersk valiant
News

Maersk Falls Out of Love With Oil, But It’s a Gentle Breakup

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 breakup all in one go,...

September 22, 2016
Total Views: 5

Wednesday, September 14, 2016
Maritime News

Maersk Oil Sells North Sea Stakes

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 fields to RockRose Energy,...

September 14, 2016
Total Views: 2