Maersk sticks to full-year guidance for profits ‘significantly below’ 2015 levels
Profits dived at Danish conglomerate Maersk in the third quarter despite strong showings from its oil and drilling businesses.
Maersk
Maersk selling 16.2m shares in Danske Bank
Mærsk has sold 16.2million shares in Danske Bank at a price of DKK 200 (£24.29) per share.
Profits down 32% at Maersk, break-even oil price cut to below $40
Profits dived at Danish conglomerate Maersk in the third quarter despite strong showings from its oil and drilling businesses.
Novenco wins Culzean contract
Novenco has received a number of orders for equipment for Maersk's Culzean field in the North Sea.
Maersk Drilling to cut up to 70 jobs
The drilling arm of Danish firm Maersk said today it would lay off about 70 employees due to “reduced activity in the oil industry”.
Maersk in cooperation agreement with Iran oil company, report says
Maersk Oil today confirmed it had signed a memorandum of understanding to explore business opportunities in Iran, a news report said.
Royal IHC nets Maersk Culzean contract
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.
North Sea Producer found languishing on Bangladesh beach
A vessel which was once docked by the Riverside Stadium in Middlesbrough has ended up beached in Bangladesh.
Maersk donates Lego boat to Aberdeen library club
A North Sea oil and gas firm has helped lay the building blocks for a new Lego club.
The “perfect storm” behind Maersk’s demerger decision
A perfect storm of slow economic growth, low crude prices and an oversupply in the shipping market was behind Danish conglomerate Maersk’s decision to demerge, an analyst said yesterday.
Statoil launches search for new board member, after Stausholm steps down
Jakob Stausholm has stepped down Statoil’s board of directors with immediate effect.
Maersk starts drilling on £3bn Culzean field in North Sea
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.
Maersk in talks to buy Shell North Sea assets worth $2bln, report says
Danish energy and transport firm Maersk is in talks to buy $2billion worth of North Sea assets from Shell, a media report said today, citing unidentified banking sources.
Jakob Thomasen leaves Maersk after company break-up
Jakob Bo Thomasen has left Maersk after the company confirmed a group split.
Updated: Maersk to split group into separate transport, energy companies
Moeller-Maersk A/S said it will split into separate transport and energy companies as Denmark’s biggest conglomerate concludes a three-month strategic and structural review.
Denmark determined to continue production at North Sea field
Denmark is said to be determined to find an "economically viable" solution which would allow Maersk's energy arm to continue production at the Tyra gas field in the North Sea.
Offshore helicopter chiefs warn against “competing on safety”
An offshore helicopter safety chief yesterday urged the industry not to compete on safety.
Compass UK wins Maersk Highlander deal
ESS Support Services Worldwide (ESS), part of the Compass UK Group, won a three year deal for the Maersk Highlander.
In pictures: Janice FPU arrives in Norway for decommissioning work
Maersk Oil's Janice floating production unit has arrived in Norway for decommissioning work to begin.
Maersk Supply Service wins Janice decommissioning contract
Maersk Supply Service have been awarded a contract to provide decommissioning services for the Janice field in the North Sea.
RockRose buys trio of Maersk Oil’s UK North Sea interests
RockRose Energy has snapped three of Maersk Oil's UK North Sea interests.
Hanjin collapse is triggering short-term rate spike, Maersk says
Maersk Line, the world’s largest container shipping company, is seeing a short-term rise in freight rates and an inflow of new clients after the collapse of Hanjin Shipping Co.
Balmoral’s Jim Milne inducted into Hall of Fame at P&J Gold Awards
The Press & Journal celebrated the North Sea oil and gas industry’s resilience last night alongside a heavy metal music icon at a glittering awards ceremony in Aberdeen.
Maersk Drilling wins $24million North Sea decom deal
Maersk Drilling has won a $24million North Sea decommissioning deal with Maersk Oil.
Semco wins more Culzean work from Danish counterpart Maersk
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.