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Maersk Oil: We are being challenged in Qatar

Maersk Oil's long term contract in Qatar, one of the company's most important and profitable business areas, will expire in 2017. "We will be challenged," says CEO Jakob Thomasen in a statement ahead of next week's interim report.

Photo: Tom Ingvardsen

Maersk Oil will be challenged on terms and conditions when one of the company's key business areas, the Al Shaheen field in Qatar, is up for renegotiation, says CEO Jakob Thomasen in a statement from Maersk Oil.

According to the statement, Qatar Petroleum has launched the process of finding a partner for the future development of Al Shaheen once the agreement with Maersk Oil expires in 2017.

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