Video: Maersk installs Culzean well head platform jacket in North Sea
Maersk Oil has completed the installation of the Culzean well head jacket in the North Sea.
Maersk Oil
BP doubles stake in Culzean
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.
Maersk to make job losses in Aberdeen, Norway and Denmark
Maersk Oil is set to make further job losses in Denmark, Norway and Scotland as it looks to reduce its costs.
North Sea project boosts profits at Japanese FSO firm
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.
Maersk Oil slumps to $29million first quarter loss
Maersk Oil reported a net operating loss after tax of $29 million in the first quarter, compared with a profit by the same measure of $208 million a year earlier.
Software firm Datum360 wins Maersk Culzean contract
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.
DOF lands new North Sea vessel contracts
DOF has secured new North Sea contracts with operators for two of its vessels
Maersk Oil chief exec says it could snap up Shell North Sea assets as first steel is cut on Culzean
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.
Emerson wins Culzean contract
Emerson has netted a contract for Maersk Oil's Culzean gas field development in the North Sea.
Peterson secures long-term Maersk Oil contract
International energy logistics firm Peterson has secured a long-term contract with oil and gas operator Maersk Oil.
Video: Ever wondered what it’s like to take off from a North Sea platform?
Here's a birds eye view of what it's like to take off from a North Sea platform.
EV Insights: Maersk’s Culzean provides $4.5billion boost to North Sea
Maersk Oil confirmed in August that it would invest $4.5billion in its high pressure, high temperature Culzean field in the UK Central North Sea. Technically challenging, Culzean will be a flagship development for the North Sea in years to come.
Maersk Oil profit sank 86% last quarter as energy prices plunge
A.P. Moeller-Maersk A/S, Denmark’s biggest company, said profit at its oil unit dropped 86 percent in the third-quarter as energy prices fell. Maersk Oil’s net operating income after tax for the three months through September was $32 million, down from $222 million in the same period a year earlier, the Copenhagen-based company said in a statement on Friday.
TWMA to create new jobs after Maersk Oil contract wins
TWMA has been awarded two contract with Maersk Oil in the UK including on the Culzean development. The waste management and environmental services firm also involve continuation of provision of innovative technology across Maersk’s North Sea operations. The new work will also help create up to 20 new jobs.
Maersk Drilling appoints new HR head
Maersk Drilling will welcome back Lene Reitzel as its new head of Human Resources after two years working with Maersk Tankers.
Maersk finds hydrocarbons but won’t progress Norwegian well
Maersk Oil has made a minor gas discovery in the Norwegian North Sea but has decided it is profitable at this stage.
Maersk Drilling secures new jack-up rig contract
Maersk Drilling has been awarded a new contract for the jack-up rig Maersk Resilient with Maersk Oil.
Tata Steel awarded multi-million pound Maersk Culzean contract
Tata Steel has been awarded a multi-million pound contract for the giant $4.5billion Maersk Oil Culzean project located in the UK central North Sea.
Modec wins Culzean FSO vessel contract
Modec has won a contract from Maersk Oil to supply the floating storage and offloading vessel (FSO) for the Culzean development project in the North Sea. Last month, Maersk Oil confirmed it would invest $4.5billion in its high pressure, high temperature Culzean field in the UK Central North Sea. The cash commitment secures Culzean’s future though 2032, supports 6,000 jobs and creates more than 400 direct jobs.
Heerema wins second major Maersk Culzean contract
Heerema Fabrication Group has been awarded the engineering, procurement and construction contract by Maersk Oil for the Culzean jackets.
Video: Maersk Oil CEO Jakob Thomasen discusses ‘tax grab’, new jobs and oil price
Energy Voice editor Rita Brown sat down with Maersk Oil chief executive Jakob Thomasen to discuss how the HPHT Cluster Area Allowance helped the firm invest $4.5billion in its North Sea Culzean field, if the government has learned from its 2011 ‘tax grab’ and if any of the 200 jobs at risk with Janice could be saved with the new development.
Oil and Gas UK chief welcomes Maersk’s Culzean go-ahead
The head of industry trade body Oil & Gas UK has welcomed Maersk's confirmation that its $4.5billion high pressure, high temperature Culzean field in the UK Central North Sea is to go ahead.
Maersk Oil invests $4.5billion in North Sea field, creates 400 jobs
Maersk Oil today confirmed it would invest $4.5billion in its high pressure, high temperature Culzean field in the UK Central North Sea.
Exclusive: 200 jobs at risk as Maersk Oil plans to shut down North Sea asset
Up to 200 staff at Maersk Oil in the UK face the risk of redundancy after the company revealed plans to shut down one of its North Sea assets.
Viking SeaTech wins Maersk Oil contract
Viking SeaTech has won a long-term contract with the UK business of Maersk Oil. The deal is the first time the specialist marine services provider has struck an agreement with the company. Viking SeaTech will supply rig move equipment and storage services for a fixed period of three years with the option for multiple extensions.