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Maersk Oil

LR Wins Deal with Maersk Oil

Lloyd's Register (LR) won a contract to provide Maersk Oil with a comprehensive suite of risk-management services to support the offshore operator’s commitment to meet global demand for energy in an efficient, safe and environmentally responsible manner. The agreement requires Lloyd’s Register to support Maersk Oil’s global management of four key areas of operational risk -- hazard identification and risk assessment (HIRA), accident and incident investigation, management of change and contractor management. “Ensuring consistent standards of risk management across a global network of high-value offshore assets is an increasingly complex task. Operators often face challenges that arise from differing legislative regimes, work cultures and levels of asset maturity,” said Bjorn Inge Bakken, Chief Executive Officer, Scandpower AS, a member of the Lloyd's Register Group. “Lloyd’s Register is one of a very few independent assurance providers with the global reach and diversity of technical expertise to provide the innovative solutions which fully support multinationals in this area. We believe this agreement recognises that.” The geographical scope of the agreement covers Maersk Oil's current production areas, which include Denmark, the UK, offshore Qatar and Kazakhstan, from where the company sources a daily aggregate of about 700,000 barrels of oil equivalent.

Pragma, Maersk Oil Agree on $2.8M Deal

Pragma Systems announced it had agreed to a $2.8m contract with Maersk Oil North Sea to provide a technology support center. The three-year contract, with two one-year options, was won by competitive tender and is for the provision of a core team on site at Maersk Oil's Aberdeen office to undertake call management, security administration, desktop support, back-office services, network management and change management. (Source: The Herald)

Expro Wins Maersk Oil Contract

Expro won a multi-million dollar contract with Maersk Oil. The contract involves providing surface well testing, clean-up services and large bore subsea safety systems for Maersk Oil UK’s contracted mobile offshore drilling unit(s) in the UK North Sea. Running for the duration of three years with a possible two year extension, the contract has a value of £3.2 million. UK business development manager Tim Horsfall said: “Over the past few years

Atkins Gain Maersk Oil Engineering Contract

Mark Wood: Photo Atkins

Design, engineering and project management consultancy Atkins, says it has been awarded an engineering support contract covering three of Maersk Oil’s UK assets in the North Sea.   The Gryphon FPSO, Global Producer III FPSO and Janice FPU are planned for major offshore inspection, repair and maintenance (IRM) works this year, in addition to field expansion works. Maersk has committed to this plan by contracting a dedicated Dive Support Vessel (DSV) for 365 days.  

Harkand Secures Decommissioning Work in UKCS

David Kerr (Photo: Harkand)

Global  inspection, repair and maintenance (IRM) company Harkand, has commenced decommissioning work in the United Kingdom Continental Shelf supporting Maersk Oil UK’s work in the Leadon field. Earlier this year, the IRM firm secured a multi-million pound 12-month frame agreement with Maersk Oil in the region for the provision of its two dive support vessels (DSVs), the Harkand Da Vinci and Harkand Atlantis as well as supporting onshore and offshore personnel.

Maersk Oil Targets North Sea Lead

Maersk Oil is investing nearly $5 billion in Culzean and the first phase of Johan Sverdrup, one of Norway’s largest ever discoveries. (Image: Maersk Oil)

Maersk Oil says there is still huge potential value in the North Sea, citing projects like Culzean – which received board approval this month – and Johan Sverdrup, as the Danish oil and gas company aims to improve from its current rank of ninth to become a top-five producer in the region.   Maersk Oil informs it is looking for new long-term growth opportunities in the North Sea, investing heavily in projects and improving the efficiency of operations.   

Fire on Maersk Oil Qatar Offshore Platform


At 02:46 on 21 April a fire broke out on the Maersk Oil Qatar operated AD accommodation platform in the Al Shaheen field, 80 km north of Qatar. The fire which took place in the emergency generator room has been extinguished and the situation is under control. All employees are safe and accounted for with no serious injuries. Our primary concern remains the safety and wellbeing of our personnel and those affected by the situation

PSV 'Skandi Caledonia' Hire Extended, Rate Increased

Photo courtesy of DOF

Three more years North Sea hire for DOP platform supply vessel 'Skandi Caledonia' Norwegian offshore vessel owner DOF has secured a three-year contract extension with Danish operator Maersk Oil for its platform supply vessel Skandi Caledonia for work in the UK North Sea sector. The three-year option now exercised from October this year replaces an earlier one-year option, with the dayrate for the new period  - which was not disclosed - set to increase 25%.

Rig Accommodation Below Par for New Danish Requirements

Energy Endeavour: Photo courtesy of Northern Offshore

Northern Offshore receives Maersk Oil & Gas notification that rig 'Energy Endeavour' will be released from contract on May 1, 2013. The rig's accommodation unit does not meet new Danish Energy Authority requirements and its replacement is not commercially viable for either party. Gary W. Casswell, Northern Offshore's president and CEO, said, "We sincerely appreciate that Maersk have given us very early notice of release of the Energy Endeavour

Maersk Launches Quest for Oil Computer Game

Maersk is launching a new computer game called Quest for Oil. Maersk is taking the lead in an innovative way by using a video game to open up the oil business to everyone. Quest for Oil is the first game of its kind and with the convergence of forces, innovation and technology Maersk gives the chance to experience the challenging world of being on a drilling rig with its 53,000 tons of steel rammed into the bottom of the ocean.

Maersk's APM Snaps up 11 More Terminals

A Maersk Containership alongside during intermodal cargo operations (file image: Maersk)

Port operator APM Terminals, part of Denmark's A.P. Moller-Maersk, is buying 11 container ports from Spanish shipping and logistics group Perez y Cia to boost its presence in emerging markets and better serve bigger container vessels. No terms were given for the deal

Asia-Europe Box Rates Plunge 23 pct

Shipping freight rates for transporting containers from Asia to Northern Europe fell 23 percent to $588 per 20-foot container (TEU) in the week ended Friday, a source with access to data from the Shanghai Containerized Freight Index told Reuters.

Maersk Oil Orders FSO from MODEC

MODEC awarded contract to provide FSO for Maersk Oil's Culzean Field Maersk Oil North Sea UK limited has contracted MODEC, Inc. to supply a floating storage and offloading (FSO) vessel for the Culzean development project in the U.K. Central North Sea.

Asia-Europe Box Rates Drop 22.4 pct

A Maersk Containership underway (file image, credit: Maersk)

Shipping freight rates for transporting containers on the world's busiest route have dropped by more than 20 percent for the second consecutive week and are now at their lowest level since July 24. Spot rates fell 22.4 percent to $456 from ports in Asia to Northern Europe after a fall of 22

Decommissioning of Maersk Endurer

Maersk Endurer

  Maersk Drilling has decided to decommission the rig Maersk Endurer from the fleet and recycle the rig with Zhoushan Changhong International Ship Recycling in China. “Given the current market situation and the over-supply of drilling rigs in the offshore market

Oaktree Capital Pumps $25 mln into Harkand

John Reed (Photo: Harkand)

Harkand's key shareholder Oaktree Capital Management has reaffirmed a strong commitment with an additional $25 million of funding which will allow the company to expand its footprint in new and existing regions. As well as maintaining its operations in current market conditions

Damen Offshore Carrier Maersk Connector Launched

Launch of Maersk Connector at Damen Shipyard

  Yesterday senior representatives of Maersk Supply Service, DeepOcean UK and the Damen Shipyards Group who gathered at Damen Shipyards Galati, Romania witnessed the launching of subsea support vessel Maersk Connector. The vessel is owned and operated by Maersk Supply Service and is built to

Asia-Europe Box Rates Plunge 25 pct

A Maersk containership (file photo: Maersk)

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 24.9 percent to $833 per 20-foot container (TEU) in the week ended on Friday, one source with access to data from the Shanghai Containerized Freight Index told Reuters.

Maersk Unveils $1 billion Share Buy-back Program

Photo: AP Moller-Maersk

 Denmark's AP Moller-Maersk, which operates the world's largest container shipping line,  has revealed another huge share buy-back scheme a year after it launched its current programme.   Maersk will buy back up to $1bn (DKK 6

Maersk Cuts Growth Forecast

Photo: Maersk Line

 Though the Danish conglomerate AP Møller-Maersk posted higher-than-expected earnings, it has cut its forecast for global trade growth and abandoned several medium-term profit forecasts, as per a report in FT.   Maersk overcame low oil prices and freight rates in its container

Asia-Europe Box Rates Plunge Again

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 23.2 percent to $640 per 20-foot container (TEU) in the week ending on Friday, one source with access to data from the Shanghai Containerized Freight Index told Reuters.

Maersk Seeks to Shut Janice in UK North Sea

Janice (Photo: Maersk Oil)

Maersk Oil said on Wednesday it would seek regulatory permission to shut its Janice installation, which produces around 7,000 barrels per day (bpd) from three UK North Sea oilfields, as the Danish firm reviews its operations due to falling oil prices.  

Harkand: Expanding the Fleet, Growing a Global Business

The DP2 multi-purpose service and ROV vessel, the Siem Spearfish, operates globally.

International inspection, repair and maintenance (IRM) company Harkand aims to be a $1 billion company. MR’s Tom Mulligan recently met with John Reed, the company’s CEO, to discuss his vision for the future and how Harkand aims to achieve its goal of being the leading subsea IRM and

Maersk's Blend-on-Board Project to Market Soon

‘SEA-Mate Blending-on-Board’ is the creation and core product of Maersk Fluid Technology. Photo: Maersk Fluid Technologies

 The Danish shipping giant Maersk has decided to commercialise its new tech invention -  SEA-Mate Blend-on-Board - developed by the subsidiary Maersk Fluid Technologies (MFT), says Denmark's post.   The new technology recycles motor oil and has saved Maersk 110 million kroner

Subsea 7 Bags $150 million Offshore UK Contract Maersk

Image: Subsea 7 SA

 Offshore contractor Subsea 7 has been awarded a $150 million subsea, umbilical, riser and flowline (SURF) contract by Maersk Oil for the development of the Culzean field in the UK North Sea.   The ultra-high pressure, high temperature field

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