Maersk Drilling is the group's weakest link and faces a bleak future

Maersk Drilling is currently saved by its status as part of the Maersk Group, as without this status the company would lack access to funds. Drilling's fleet of rigs and ships are deployed on long-term contracts at solid rates, but when these expire, Drilling will face the hard reality.

"Maersk Drilling is the company under A.P. Moeller-Maersk which would be weakest as an independent company, as it's the company for which it's the most difficult to see the light at the end of the tunnel," says Sydbank analyst Morten Imsgård.

As such, Maersk Drilling is facing very bleak prospects now that the company starts work to carry out the rescue plan which will save the company in an oil market that has created extremely challenging conditions for the business.

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