Maersk Oil To Focus On North Sea, Kenya After Qatar Contract Loss
COPENHAGEN, June 28 (Reuters) - Maersk Oil, a unit of Danish conglomerate A. P. Moller-Maersk, will focus on building on its operations in the North Sea and in Kenya, after it lost the contract to operate Qatar's largest offshore oilfield.
France's Total on Monday won a 30 percent stake in a new 25-year contract to operate the Al-Shaheen oilfield, a blow to Maersk, which has been operating the oilfield since 1992.
"Going forward it gives us clarity and gives us a good opportunity to focus on building on our material business in the North Sea, and in Kenya and other areas," the head of Maersk Oil Jakob Thomasen told Reuters in a telephone interview.
Maersk has operations in the British, Norwegian and Danish parts of the North Sea.
(Reporting by Teis Jensen; Editing by Mark Potter)
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
- Shell Names Former Maersk Oil CEO Watkins As Next US Boss (Mar 27)
- Maersk Energy Sees Uptick In Offshore Oil Drilling, Profit Still Squeezed (Feb 20)
- Maersk Oil CEO To Step Down After Total Takeover (Sep 27)