Klik venligst

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

- Ships will have to report their fuel consumption
- Løkke will strengthen the maritime Denmark
- Offshore wind farm coming to Lillebælt
- New Head of Naval Staff
- Vestas reduce share capital
- Bladt has received substation Z13
- 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

Todays Top 5

This weeks Top 10

- Maersk declare general average after fire
- Danish duo launches new bulk-index
- Risk management be implemented in harbor
- Maersk changes dangerous goods rules
- Wrist Ship experienced rise in revenues
- Fire onboard Maersk Line Limited ship
- Tension in Danish marine association
- A.P Møller donates 5 million to EUC Nord
- Molslinjens buses takeover in Bornholm
- Marine Lubricants Sales Engineer & Field Engineer
Klik venligst
Klik venligst
Klik venligst
Klik venligst