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.

BY RITZAU FINANS AND TOMAS KRISTIANSEN

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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Nordea: Maersk Oil must make more cuts in 2016

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Nordea: Increased oil price will not save the North Sea

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Front page now

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