Maersk Scoops Up Blocks in UK Licensing Round
Maersk Oil
| Wednesday, October 27, 2010 | 6:06 AM EST
Maersk Oil has been granted licenses encompassing 10 blocks in the DECC's 26th Licensing Round.
Commenting, Maersk Oil UK Managing Director Martin Rune Pedersen said, "I am extremely pleased with the outcome of 26th Licensing Round. We entered the UK sector of the North Sea with the clear aim of growing the business through ongoing investment and expanding our exploration portfolio."
"Our exploration team is highly experienced and successful, and the award of these additional licenses, with our partners, is in line with our growth strategy. Maersk Oil has the track record and technical expertise to maximize value from these licenses," Pedersen said.
Maersk Oil and partners were awarded the following:
- Operated
- Block 22/4c with partner Venture
- Blocks 22/21c, 22/26c with partners Premier and Venture
- Block 22/30e with partners Britoil, ENI, Nippon
- Block 23/26e with partners Britoil, ENI, Nippon
- Non- Operated
- Blocks 3/25b, 3/30b, 4/21, 4/26b Total as operator
- Block 30/1a, GDF Suez as operator (other partners with Maersk Oil are RWE, Nippon)
RELATED COMPANIES
Most Popular Articles
- Brand Finance Ranks Most Valuable, Strongest Oil and Gas Brands
- Canacol Makes New Gas Discovery in Colombia's Magdalena Basin
- Egypt Plans to Meet Summer Fuel Needs with LNG Imports
- FortisBC Denies Gas Greenwashing as Suit Awaits
- Credit Agricole Helps NGP Secure Funds for Fishery-Solar Projects in Taiwan
- Oil and Gas Executives Predict WTI Oil Price
- Industry Protests Proposed Methane Fee Guidelines for O&G Facilities in US
- Exxon, Cnooc Merge Guyana Arbitration Claims Against Chevron
- New China Climate Chief Says Fossil Fuels Must Keep a Role
- Oil Demand Outpaces Expectations, Testing Calculus on Peak Crude
- House Passes Protecting American Energy Production Act
- TotalEnergies Restarts Production in Denmark's Biggest Gas Field
- Republican Lawmakers Say IEA Has Abandoned Energy Security Mission
- USA Oil and Gas Job Figures Jump
- Blockchain Demands Attention in Oil and Gas
- Macquarie Sees USA Oil Production Exiting 2024 at 14MM Barrels Per Day
- Houthis Warn Saudi Arabia of Retaliation If It Backs USA Attacks
- Summer Pump Prices Set to Hit $4 a Gallon Just as Americans Hit the Road
- New China Climate Chief Says Fossil Fuels Must Keep a Role
- Chinese Mega Company Makes Major Oilfield Discovery
- VIDEO: Missile Attack Kills Crew Transiting Gulf of Aden
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Another Major Oilfield Discovery
- What Is the Biggest Risk to Offshore Oil and Gas Personnel in 2024?
- Vessel Sinks in Red Sea After Missile Strike
- Exxon Rights in Stabroek Do Not Apply to Hess Merger with Chevron: Hess
- Equinor Makes Discovery in North Sea
- Analysts Reveal Latest Oil Price Outlook Following OPEC+ Cut Extension