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 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 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
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.
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 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.
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
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%.
Danish shipping and energy conglomerate Maersk Group delivered a profit of USD 925m for the full year ending December 31st 2015, against USD 5.2bn reported in 2014, a drop of 82%. Maersk’s underlying profit for full year was USD 3.1bn down from previous year's being USD 4.5bn. After a satisfactory result in the first half of the year with a ROIC of 10.2%, Maersk Group was severely impacted by a widening supply-demand gap across most of our businesses
Maersk Line posted a steep decline in profit last year to $1.3bn, well down from the 2014 result of $2.3bn and below its most recent forecast as freight rate declines accelerated in the latter stages of 2015. The net profit of Maersk Group in 2015 amounted to 0.925 billion USD, representing a decrease of 84% yoy. The company revenues decreased with 16% yoy to 40.3 billion USD. The profit decrease appears in almost all sectors of the company
DOF Group subsidiary DOF Rederi AS has signed an agreement with Nexen Petroleum UK for Skandi Marstein, MT 6000 design Platform Supply Vessel (PSV). The contract will start in May and is firm until end 2017. DOF Rederi has further signed a three months contract
Heerema Fabrication Group (HFG) has completed the project for the Culzean Wellhead jacket and Access Deck for client Maersk Oil. April 13 at Heerema Vlissingen, the Netherlands the Wellhead jacket and April 11 at Heerema Hartlepool, U.K. Wellhead Access Deck set sail to their final destination:
Danish shipping and offshore energy conglomerate Maersk Group reported its profit at US$ 224 million for the first quarter of 2016, a drop of 86 percent compared to $ 1.6 billion seen in the same period a year earlier. Hit by low oil prices and freight rates
Fragmented sector chasing alliances to cut costs; Maersk has plenty of cash for deals - CEO. A.P. Moller-Maersk returned to profit at its main container shipping business in the first quarter, putting the cash rich company in a strong position as the struggling industry consolidates.
A.P. Moller-Maersk's chief executive said its container shipping arm Maersk Line probably gained market share in the second half of 2015 after losing some in the first half of the year. "We want to increase Maersk Line's market share
In a video interview Group CEO of AP Møller-Maersk Nils S. Andersen comments on the 2015 full year result, low oil and freight rates, and the challenges and opportunities for the Maersk Group in these difficult markets.
Maersk Drilling delivered the best result ever with a profit of USD 751m (USD 478m) in 2015 generating a ROIC of 9.3% (7.1%). The result was positively impacted by continued strong operational performance, fleet growth and general cost savings
Qatar and Royal Dutch Shell have agreed to develop liquefied natural gas (LNG) as a marine fuel for use by the world's largest container shipping company, A.P. Moller-Maersk, Qatargas said in a statement on Monday. Qatargas, the world's largest LNG producer
Three heavy weights have come together in the Middle East to promote LNG as marine fuel in the region - Qatargas, the Maersk Group and Royal Dutch Shell Plc signing a memorandum of understanding to explore future opportunities.
Drones could cut time and costs for deliveries and inspections across the Maersk Group – but they must be reliable and absolutely safe. Maersk Tankers is testing delivery to vessels on drones that have been certified for explosive environments.
Harkand won a multi-million dollar contract with Maersk Oil North Sea UK Ltd to deliver subsea support services to the operator including a commissioning support campaign for the Flyndre development located in the south-eastern part of the Central Graben Basin in the North Sea.
Maersk Line becomes the first liner to operate from Kakinada port which offers customers global coverage. Maersk Line India has added a new port of call into Kakinada connecting Colombo and onwards connectivity to West Africa and South Africa
Weathernews Inc., a privately owned weather company, will provide weather routing services, port forecasts and other weather driven risk communication services to Maersk Line and Maersk Tankers, for safety and bunker saving purposes.
Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract by Samsung Heavy Industries for the transportation of the three topside modules of the riser platform and the topside of the processing platform for the Johan Sverdrup project offshore Norway
Visitors to the 2016 European Marine Engineering Conference in Amsterdam this year will be able to hear a keynote speech from Maersk Fluid Technology managing director Jens Byrgesen, who will talk about his company’s success with “Blending-On-Board” lubrication technology.