A.P. Moller Company News

The Norwegian government said on Monday it would outline plans in spring next year regarding the electrification of the $20 billion Johan Sverdrup oil field in the North Sea.

Cosco (Dalian) Shipyard secures $470 million contracts to build 4 subsea supply vessels for Maersk Supply Services.

Once its service agreement with AP Moller-Maersk A/S is terminated, Marathon will assume management of operations and staffing at the Alvheim field.

Sealift Management B.V. has appointed Rob Boer Chief Operating Officer and Erik Hageman Chief Financial Officer/Controller.

Statoil has signed two letters of intent with the Danish shipping company Esvagt AS for delivery of two emergency response vessels. The deals are together worth over NOK 900 million.

Canadian Superior Energy Inc. late Tuesday announced its 2006 Third Quarter operating results and updates on its Trinidad and Tobago projects.

Aker Yards has entered into a NOK 3.3-billion (US$495.2-million) contract with A.P. Moller-Maersk to build eight Anchor Handling Tug Supply Vessels (AHTS). The contract also includes an optional agreement for another two sister vessels.

Canadian Superior Energy has entered into a firm multi-well contract for the Kan Tan IV semisub, which will drill its first two exploration wells offshore Trinidad.

An A.P. Moller - Maersk led consortium will build a new natural gas pipeline between the Tyra facilities in the Danish North Sea and the NOGAT Pipeline system in the Dustch North Sea.