Klik venligst
danmarks-rederiforening.gif

Maersk Oil expands exploration in Iraq

Maersk Oil expands exploration in Iraq

14-01-2014 14:00:00


Maersk Oil has acquired 40 percent of two exploration blocks in the north of Iraq, Kurdistan. Seller's oil company Repsol to keep 40 percent while the remaining 20 percent is owned by the Kurdish regional government.

"To be present and active in one of the most promising exploration areas is a fundamental part of Maersk Oil's strategy. Working for a daily production of 400,000 barrels per day in 2020., We expect that our commitment to Kurdistan will help that we can sustain this production target after 2020, "says Jakob Thomasen, CEO of Maersk Oil.

The two blocks, Piramagrun and Qala DZE, are located 150 kilometers east of the Kurdish regional capital of Erbil.

Maersk Oil acquired its first oil license in Kurdistan, Sarsang, in 2011.

Source: Maersk Oil / Maritime Denmark


Klik venligst

< Front page

Copyright © Maritime Denmark



Breaking News

- Moody's downgrade assessment of Maersk
- Changed departure times to Agersø
- OW Bunker seeking protection in the US
- Offshore Safety now under Arbejdstilsynet
- Lauritzen sells capesize bulker
- Maersk doubles surcharge for queues
- Jesper T. Lok leaves DSB
- Ferries may need to be renamed
- Maersk Oil signs contract with Plexus
- Ferries are facing ice problems
- Heavy lifting at Bladt in Aalborg
- RAL ship has problems in Greenland


Todays Top 5

- New Hempel factory in Kuwait


This weeks Top 10

- The government will allow pilotless ships
- Danish bulker collides with icebreaker
- GE given EU green light for the acquisition of LM Wind Power
- Shipping.dk secure gravel project in Nyborg
- New North Sea agreement is in place
- Support for strong maritime growth plan
- North Sea: High oil prices benefit the state
- LM Wind Power builds French blade factory
- The North Sea to become a "Silicon Valley"
- New Hempel factory in Kuwait
Klik venligst
Klik venligst