Maersk falls to ‘unsatisfactory’ $1.9bn loss in 2016
Danish conglomerate Maersk said impairments in its supply service and drilling divisions were behind an “unsatisfactory loss” of $1.9billion in 2016.
Danish conglomerate Maersk said impairments in its supply service and drilling divisions were behind an “unsatisfactory loss” of $1.9billion in 2016.
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.
This year saw an end to the Janice field operated by Maersk in the North Sea.
Maersk Oil has reduced the costs of its Culzean project by $500million.
Profits dived at Danish conglomerate Maersk in the third quarter despite strong showings from its oil and drilling businesses.
Profits dived at Danish conglomerate Maersk in the third quarter despite strong showings from its oil and drilling businesses.
Novenco has received a number of orders for equipment for Maersk's Culzean field in the North Sea.
Oil & Gas UK has released new guideline on wells with high pressure, high temperature (HPHT) properties.
Royal IHC has signed a new contract with Maersk Oil for the engineering, procurement and construction of a tandem mooring and offloading system for a floating, storage and offloading (FSO) vessel on the Culzean project.
Maersk Oil reached a major milestone on its £3billion Culzean gas development in the UK North Sea when drilling started on the first production well yesterday.
Semco Maritime has scooped a contract to inspect about 30,000 pieces of equipment for the North Sea Culzean project, which is led by Danish counterpart Maersk.
Two Maersk rigs have arrived at the Invergordon shipyard of engineering firm Semco Maritime.
Maersk Oil said first steel has been cut for its Floating Storage Offloading (FSO) vessel in Singapore.
Gaming technology has inspired engineers from Maersk Oil to build efficient platforms and produce future cost savings for its Culzean project.
The modern oil and gas engineer is as likely to be found using an tablet computer as a they are a socket and wrench on Maersk's new Culzean platform - which will be one of the most modern in the North Sea.
Sembcorp Marine has successfully delivered the Maersk Highlander to Maersk Drilling.
Maersk Drilling has bought a jack-up newbuild which will be used at the company's Culzean development in the North Sea.
BP has doubled its stake in the Culzean North Sea gas field as part of the energy giant’s £7 billion investment programme in the region.
Key work for Maersk Oil’s £3billion gas project in the UK North Sea has contributed to soaring first quarter profits at Japanese firm Modec.
This footage shows the sail away of the wellhead platform jacket as it began its sail away from a construction yard in the Netherlands to the UK North Sea.
Maersk Oil has awarded information management firm Datum360 a four-year contract to deliver Software as a Service (SaaS) solutions for its Culzean development in the North Sea.
Maersk Oil's chief executive said it could snap up North Sea assets up for sale by Shell if it could "create value" for the company.
Maersk Oil made its first steel cut on its landmark North Sea Culzean development.
Harding has won a contract to deliver lifeboats and davits to Maersk’s Culzean project in the North Sea.