Maersk Drilling merger means farewell to roughly 500 employees
Maersk Drilling currently has 2,500 employees, but the merger with US company Noble means that one in five will be dismissed. The main office in Lyngby, Denmark, will be particularly affected, CEO Jørn Madsen tells ShippingWatch.
According to Jørn Madsen, Maersk Drilling CEO, the company is in a good position when merging with US company Noble later this year. | Photo: Stine Bidstrup/ERH
BY DAG HOLMSTAD, SHIPPINGWATCH, TRANSLATED BY JONAS SAHL HOLLÆNDER & KRISTOFFER GRØNBÆK
Maersk Drilling, which is on the way to become one of the world’s biggest drilling firms together with US Noble Corporation, is set to cut its staff significantly.
EU must introduce requirements for local production in the wind industry, says Jupiter Bach’s CEO. Otherwise, Europe will lose production and the knowledge needed to regain its footing.
A manufacturing presence in North America is crucial, says the CEO on the return to the US, where the aim is 2.5GW per year using both Germany’s largest turbine and an as yet unknown product.
Under the new management, Jupiter Bach has transformed the business from huge losses to a profit. However, the chief executive admits that coincidence has played a significant part.
Norlys Energy Trading is currently investing in growth, but competition for the best people has never been so intense, says the head of the energy trading company.
In the midst of an arbitration case with back-and-forth claims over a record-breaking turbine order, an Indian project developer now sues Siemens Energy to prevent the manufacturer’s departure.
The political trend towards marginalizing China is dangerous, says Siemens Energy’s hydrogen chief, who is confident about the German company’s abilities despite the much cheaper Chinese plants.
EU must introduce requirements for local production in the wind industry, says Jupiter Bach’s CEO. Otherwise, Europe will lose production and the knowledge needed to regain its footing.