Maersk Oil
 |
|
North Sea oil and gas platform Tyra East, operated by Maersk Oil.
|
|
|
Native name
|
Mærsk Olie og Gas A/S |
|---|---|
|
Formerly called
|
Dansk Boreselskab |
| Private | |
| Industry | Oil and Gas |
| Founded | Copenhagen, Denmark 1962 |
| Founders | |
| Headquarters | Esplanaden 50, Copenhagen, Denmark |
|
Number of locations
|
|
|
Area served
|
Worldwide |
|
Key people
|
|
|
Production output
|
550,000 of BOE (2015) |
| Services | |
| Revenue |
|
|
|
| Total assets |
|
|
Number of employees
|
|
| Parent | A. P. Moller-Maersk Group |
| Website | www |
|
Footnotes / references |
|
US$5,639 million (2015)Maersk Oil (Danish: Mærsk Olie og Gas A/S) is a Danish oil and gas company owned by the A. P. Moller-Maersk Group. The company was established in 1962 when Maersk Group was awarded a concession for oil and gas exploration and production in the Danish sector of the North Sea. In 1986, Maersk Oil took over the operation of the Dansk Undergrunds Consortium's fields in the Danish section of the North Sea.
Maersk Oil is an international oil and gas company with operated production of 550,000 barrels of oil equivalent per day. Production comes from Denmark, the UK, Qatar, Kazakhstan, the US Gulf of Mexico, Algeria and Brazil. Exploration activities are on-going in Angola, Norway, Greenland, Kurdistan Region of Iraq and in the producing countries.
On 31 August, 2015, the UK Oil And Gas Authority approved a consurtium headed by Maersk Oil going ahead with production at the Culzean oil and gas field about 150 miles southeast of Aberdeen, Scotland in the North Sea. The high pressure, high temperature field held the equivalent of about 300 million barrels of oil and, when it reached peak production in 2020 or 2021, was expected to produce enough gas to meet 5% of the UK's needs. Maersk Oil said that it and its other consortium partners, JX Nippon and BP (Britoil) would invest about £3 billion (about $4.5 billion) in the field's development.
On 21st August, 2017, A.P. Møller - Mærsk A/S announced the signing of an agreement to sell Mærsk Olie og Gas A/S [Maersk Oil] to Total S.A. for USD 7.45bn in a combined share and debt transaction. The transaction is subject to regulatory and competition approval and is expected to close in first quarter, 2018.
...
Wikipedia