Maersk Oil pulls out of Norwegian gas field
The billion-dollar Dvalin gas field does not promise enough monetary value to justify further investment, says Maersk Oil. Hence, the Maersk Group's oil unit is pulling out of the field where it holds a 20 percent share.
BY MORTEN LUND TIRIKAINEN & JENS NIELSEN
Oligarch Mikhail Fridman's oil company Dea will not get Maersk Oil's support for development plans for the Dvalin gas field, of which Dea is operator and Maersk Oil is a partner with a 20 percent share.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
