25/06/2015at 07:53

Maersk Oil targets increased growth in the North Sea

The Danish plans to intensify its hunt for oil, and this could result in acquisitions as well as new exploration opportunities. "Our ambitions is to be among the top five biggest oil producers in the North Sea," says CEO Jakob Thomasen.

BY MATHIAS ØRSBORG JOHANSEN, ENERGIWATCH

While several of Maersk Oil’s major oil projects around the world are currently facing challenges, the oil company is still looking to expand its activities in the North Sea, explained CEO Jakob Thomasen at a press briefing on Wednesday.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

Access all locked articles
Receive our daily newsletters
Access our app

Get full access for you and your coworkers

Start a free company trial today

Major divestments for Wintershall in Norway
For subscribers
Transocean fires 250 employees in Norway
For subscribers
Statoil in massive round of layoffs: 2000 jobs to be cut
For subscribers

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Front page now

Maersk CEO Vincent Clerc (left) and MSC CEO Søren Toft are following very different strategic directions. | Foto: Jacob Gronholt-pedersen/reuters/ritzau Scanpix og Jason Decrow/ap/ritzau Scanpix

Container

Maersk could be heading for a price war with MSC

After a profit of historic proportions in 2022, Maersk is facing a new reality this year, entailing a potential price war unleashed by the carrier’s partner in the disbanded 2M alliance, MSC, predicts Drewry.

For subscribers

Krisen på fragtmarkedet styrker DSV's position i forhold til rederierne: ”I og med at vi er en af de store aftagere af søfragt, har vi også et samarbejde med rederierne, som er strategisk og forankret i direktionen,” siger DSV's topchef, Jens Bjørn Andersen. | Foto: Lars Krabbe/Foto: Lars Krabbe/Ritzau Scanpix

Logistics

DSV to support box carriers that provided help during Covid chaos

For subscribers

Tanker

Countdown to clash over Euronav's board composition has begun

For subscribers

Maersk is heading for its second record profit, setting a new benchmark in Danish business history. | Foto: Jonas Walzberg/AP/Ritzau Scanpix

Container

Maersk on track to achieve record profit for second consecutive year

For subscribers

Offshore

Danish authorities suspending 23GW of offshore wind projects

For subscribers

Container

Maersk redirects traffic following earthquake

For subscribers

European ports launch offshore wind collaboration

Last year marked the beginning of a new European collaboration, which has now prompted six wind ports to sign a deal on realizing offshore wind ambitions.

For subscribers

Offshore

Danish authorities suspending 23GW of offshore wind projects

The Danish Energy Agency has temporarily halted all processing of projects applying for licenses via the national open-door ordinance to await the EU’s assessment of the scheme’s compliance with EU law.

For subscribers

Offshore

There aren't enough ships to install giant wind turbines across Asia

Offshore wind ambitions are big in Asia, but the region’s countries are faced with an increasing lack of vessels for wind turbine installation at sea.

For subscribers