All three of Maersk Oil's Culzean high-pressure, high-temperature (HPHT) development jackets have been installed in the UK North Sea. Maersk says they were installed on time and on budget, about 145mi east of Aberdeen and is estimated to produce between 60…
This week, France’s Total and Qatar Petroleum (QP) will officially take over operatorship from Maersk Oil of the giant Al-Shaheen oil field offshore Qatar for a term of 25 years. Al-Shaheen. Image from Maersk Oil…
Rosneft and A. P. Moller Maersk, which owns drilling firm Maersk Drilling and oil firm Maersk Oil, as well as a huge container shipping business, are among a slew of companies across the globe hit by the Petya ransomeware virus. The virus…
DNV GL has won a contract to provide independent verification services for the Maersk Oil redevelopment of the Tyra field, offshore Denmark. Tyra. Image from Maersk Oil. The contract will be coordinated by DNV GL in Denmark…
Maersk Oil’s Danish business unit, located in Esbjerg, is in the second and last phase of a planned organizational restructuring, which will complete the implementation of a more effective and efficient operating model across its business activities…
Maersk Oil has awarded iSURVEY Offshore a four-year survey and positioning contract for the company’s Danish business unit. The deal began last month, and has the option to extend by one 12-month period. iSURVEY will specifically…
Maersk Drilling has been awarded a contract for the harsh environment jackup rig Mærsk Gallant, following a competitive tendering exercise by Nexen Petroleum UK, a wholly owned subsidiary of CNOOC Ltd. The contract covers the drilling of the high-pressure…
First production from Maersk Oil's Flyndre field, which straddles the UK and Norwegian North Sea boundaries, started yesterday (26 March). The field is a 25km single well subsea tieback to the Repsol Sinopec-operated Clyde platform, from which it is then exported via the Fulmar platform…
Maersk Oil reached an agreement with the government of Denmark that will see a full redevelopment plan for the Tyra project in the Danish North Sea. Tyra East. Image from Maersk Oil. The…
FES International, a producer of fluid transfer solutions, has been awarded a major contract from National Oilwell Varco (NOV) to supply equipment to be used in the Maersk Oil UK-operated Culzean field in the North Sea. The project includes the design…
Sparrows Group has secured a five-year contract to deliver hydraulic, lifting and rigging services for Maersk Oil’s UK floating assets. The agreement will see Sparrows support the operator in strengthening its lifting operations for the…
Culzean. Image from Maersk Oil. IKM has secured a pre-commissioning contract, courtesy of Subsea 7, for the Culzean gas field, offshore the UK in the central North Sea. Subsea 7 has won the award from Maersk Oil for subsea…
Maersk Oil is planning to cut 160 jobs from its Danish business unit following an 'organizational review.' The firm said the results of the review of the Danish business unit would 'simplify its organization to improve efficiency,' and create a more cost-efficient operating model…
Maersk Oil is to shut in its Tyra field offshore Denmark in a move that could impact a string of other fields on the Danish Continental Shelf. Maersk Oil says it was unable to find an economic strategy for full recovery of the remaining resources in the field…
Investment costs for the Culzean project are now forecasted to be around US$4 billion, a reduction of about $500 million on the estimate at project sanction, said Gretchen Watkins, CEO, Maersk Oil at the Maersk Group Capital Markets Day in Copenhagen…
