AkerBP, Faroe agree to £160m Tambar field extension
AkerBP and Faroe Petroleum have agreed to invest £160million on a 10-year extension of the Tambar field in the Norwegian North Sea.
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.
Maersk has provided a whistle-stop tour of its latest rig, which it describes as the world's biggest jack-up.
Danish conglomerate Maersk said impairments in its supply service and drilling divisions were behind an “unsatisfactory loss” of $1.9billion in 2016.
Maersk chairman Michael Pram Rasmussen will step down from the role next month.
IKM Group has secured a support contract with Subsea 7 for the development of the Culzean field.
The Culzean gas field is a North Sea mega-find.
A.P. Moller-Maersk A/S Chief Executive Officer Soren Skou’s newly disclosed plans that he favors a stock-exchange listing for his energy units won’t prevent him from buying Dong Energy A/S’s oil and gas fields first.
In decommissioning, as in life, there are winners and there are losers.
Maersk Oil today confirmed it would cease production on its North Sea Trya field.
2016 was the year of Shell rumours. From what they’re selling when, market speculation saw the firms’ share price rise and fall. Sometimes, the rumours even turned out to be true. In today’s gallery, Energy Voice looks back at last year’s stories related to Shell that had everyone talking…except the operator.
Maersk Oil said today that production from the Tyra field was likely to cease in 2018 as efforts to find an “economically viable solution” for full recovery had not been found.
Talks aimed at merging the oil businesses of Maersk and Dong Energy have stalled, a news report said, citing industry and banking sources.
Maersk Supply Service is believed to have sold another two offshore vessels as it looks to offset the effects of lay-ups.
Maersk Oil has reduced the costs of its Culzean project by $500million.
Maersk and Dong Energy have started talks regarding a possible merger for their oil businesses.
Pupils from across the north-east got the chance to experience life offshore as part of a corporate education initiative.
The Press and Journal’s long standing energy editor was handed a special award at a glittering ceremony hosted by the oil and gas industry’s leading trade body.
Profits dived at Danish conglomerate Maersk in the third quarter despite strong showings from its oil and drilling businesses.