Denmark has fined French oil and gas major Total 500,000 Danish crowns ($75,145) for the discharge of chemicals in the North Sea by a company it bought in 2017, Danish broadcaster DR said on Tuesday.Maersk Oil, the former oil unit of shipping giant A.P. Moller-Maersk, was originally reported to the police by the Danish environmental protection agency in 2017.Total bought Maersk Oil in a $7.45 billion deal the same year…
Denmark's supreme court on Wednesday ruled against Maersk and TotalEnergies in a tax case involving the alleged misuse of transfer pricing in the companies' business in Algeria and Qatar.The case was filed by the Danish tax authorities saying that Maersk's oil unit…
UK-based oilfield solutions company Oil Plus has said it has secured two produced water-related projects in Qatar worth $450,000 in total. Oil Plus will deliver a Pre-FEED oil and water analysis for Qatar Energy, and a water injection study…
Offshore drilling contractor Valaris said Tuesday that it had secured work for one of its jack-up drilling rigs off the coast of Qatar.The company said it was awarded a contract with North Oil Company, which will see the VALARIS JU-110 deployed…
Offshore drilling contractor Japan Drilling Co., Ltd. (JDC) has secured an offshore drilling contract with North Oil Company in Qatar.JDC will provide its jack-up drilling rig Hakuryu-10 over a three-year contract at Qatar's giant offshore oil field Al-Shaheen…
Steve Mitchell has been appointed to the Senior Management team at ASCO, taking up the role of Operations Director (Scotland) as the materials management company continues its drive for efficiency through digitalization.Mitchell, who will be based at ASCO HQ in Aberdeen…
Dutch transport and installation firm Heerema Marine Contractors (HMC) has won an additional contract on Maersk Oil's US$3.6 billion Tyra Redevelopment Project offshore Denmark. Following the award of the transportation and installation…
Maersk Oil and the Danish Underground Consortium are investing US$3.36 billion to redevelop Denmark’s principal gas field. Watch the video below or read more here
A US$3.36 billion (DKK21 billion) investment into a redevelopment of the Tyra gas field on the Danish Continental Shelf has been approved by the Danish Underground Consortium (DUC), led by Maersk Oil. The move will see the largest oil…
French major Total has appointed Maersk Oil leaders to their new management positions, following current Maersk Oil CEO Gretchen Watkins’s decision to leave the company. The changes will coincide with the US$7.45 billion takeover expected to become effective in Q1 2018…
French oil major Total says it has agreed to capture seven prospects, over 16 Chevron-operated blocks in deepwater Gulf of Mexico (GoM), in a move that analysts say could revitalize Total's GoM portfolio. Map…
French oil major Total has agreed to buy Maersk Oil from its parent company A.P. Møller – Mærsk in a US$7.45 billion share and debt deal which could help it make $400 million in 'synergies' a year. Total will gain about 1 billion boe of 2P/2C reserves…
Expro has been awarded a substantial contract from global oil and gas company Maersk Oil for subsea and well test services on two offshore units in the North Sea. The contract will extend the long-standing partnership between the two companies until 2020…
Maersk Oil awarded Simmons Edeco a contract to provide scheduled and unscheduled wellhead maintenance services for all Maersk Oil offshore wells in the Danish North Sea. Simmons Edeco will also refurbish valves and wellhead maintenance equipment…
Danish oil firm Maersk Oil has set out its concept for a full redevelopment of the Tyra field on the Danish Continental Shelf.