"Maersk Oil must be milked"

Although Maersk Oil has many virtues, the company could end up as a Maersk Group cash cow with no prospect of future success if it is not divested. But what would a buyer actually gain from the Danish oil company?

Photo: Maersk

Maersk Group and Maersk Oil have traditionally filled their pockets when it came to the utilization of oil and gas in subterrestrial Denmark, but in an international context the oil company is not that big and now Maersk Group is weighing its future.

The loss of the lucrative Qatar contract which provided almost half of its production does not help the company's position. Even if the Qatar contract is included in calculations, although it expires in one year, Maersk is still just a seventh of the size of Statoil measured in production.

Already a subscriber? Log in.

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.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs