Nordea: Maersk Oil must make more cuts in 2016

Even though Maersk Oil has significantly trimmed down expenses, the oil company could be forced to change its whole business structure in order to remain competitive. This is the assessment from Thina Margrethe Saltvedt, Chief Analyst for Nordea Markets in Norway.
Photo: Ole Jørgen Bratland/Statoil
Photo: Ole Jørgen Bratland/Statoil

The oil unit of Maersk Group has already shaved expenses down to the bare minimum. But the oil company must change it business structure in order to continue with a competitive edge. This is the analysis from Thina Margrethe Saltvedt, oil analyst at Nordea Markets in Norway.

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