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.
Energy Voice has captured exclusive footage of the construction of the floating storage and offloading (FSO) unit for Maersk’s North Sea Culzean field.
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”.
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.
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.
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.