French energy giant Total said yesterday that its deal to buy Maersk Oil for £5.8billion would turn it into a “North Sea leader”.
Total's multi-billion dollar acquisition of Maersk Oil is driven by the French energy giant's desire to consolidate in the North Sea, an analyst said.
Norway has given Aker BP a permit to drill the Nordfjellet-Delta prospect. The Maersk Interceptor jack-up rig will drill the well. It will be the seventh well drilled on the licence. AkerBP operates and holds a 90.26% stake in the licence.
Engineering services company Coretrax has been awarded a three-year, multimillion-pound contract with Maersk Oil.
Maersk reported a underlying profit of $389million for the first half of the year - a significant increase on last year's $134million.
Expro has been awarded a contract from Maersk Oil for the provision of subsea and well test services on two offshore units in the North Sea.
Maersk Oil has published a picture of the jacket for the Johan Sverdrup field's riser platform, saying it will be ready for delivery this month.
Norway's offshore safety watchdog has given Aker BP its blessing to drill an exploration well on the Nordfjellet prospect in the North Sea.
The Oil and Gas Authority (OGA) has dished out a dozen licences to 10 companies in its supplementary 2016 North Sea bidding round.
Wood Group has created 200 new North Sea jobs after landing its latest deal.
Russian oil giant Rosneft and Danish giant Maersk are among the companies hit by a cyber attack which has caused disruption across Europe.
Danish conglomerate Maersk will float its oil business but has dropped plans to list its smaller business units, a news report said.
Maersk Supply Services (MSS) has agreed to postpone the delivery of nine new builds with two yards.
Environmental solutions provider TWMA has been awarded two projects with Maersk Oil UK in the North Sea.
Norway’s Petroleum Safety Authority has given Aker BP permission to use a Maersk rig to plug North Sea wells.
A strong showing from Moller-Maersk’s oil division helped the Danish conglomerate increase its profits for the first quarter of 2017.
Maersk Oil’s Culzean field was hailed as the biggest find in the UK North Sea in 10 years at the time of its discovery in 2008 and approval for the development came seven years later. The project partners now seem to be reaching milestones every week. Mark Lammey went to Singapore in mid-March for a progress update.
AkerBP and Faroe Petroleum have agreed to invest £160million on a 10-year extension of the Tambar field in the Norwegian North Sea.
Denmark's largest gas field need to be redeveloped if it is going to continue producing safely into the next decade.
London-listed RockRose Energy has continued its North Sea buying spree with the acquisition of assets formerly owned by collapsed First Oil.
Energy Voice has captured exclusive footage of the construction of the floating storage and offloading (FSO) unit for Maersk’s North Sea Culzean field.
Energy Voice can today give its readers a behind the scenes look at the construction of platforms destined for the North Sea.
Maersk Oil’s landmark North Sea project is “bang on schedule” with contracts for hook-up and commissioning expected to be awarded “in the next couple of months”.
Maersk’s Culzean project has been one of few bright spots in a downturn that has lasted longer than most could have predicted.
The Danish government has been forced to deny media reports that it has reached a deal with Maersk Oil on North Sea operations.