EnergyWatch

Analyst: Maersk still has time left

Maersk Oil's announcement that the Tyra field will be shut down is just part of the negotiations with the Danish government for improved framework conditions, according to one analyst. If a deal is successfully reached, this would not be the end of the world for Maersk HQ.

Photo: Claus Bonnerup/ritzau

Maersk Oil had no choice.

Or so says Michael Friis Jørensen, analyst at Alm. Brand Markets, in reference to today's announcement that Maersk Oil will make good on its threats to shut down the large Tyra field, because the company was unable to reach agreement with the Danish government for better framework conditions.

Already a subscriber? Log in.

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.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

WindEurope warns against negative auction bids

If more countries introduce negative bids, where firms pay to establish wind projects, it could lead to higher electricity bills or more pressure on the supply chain, says the industry association.

BW Offshore halved bottom line in Q1

The Norwegian firm reports decline in several items compared to the same quarter of 2021 but predicts fine advancement in the rest of 2022, for which both floating wind projects and high energy prices show promise.

Equinor exits Russia

Norwegian oil company Equinor has taken its final step out of the Russian market by transferring joint venture assets to Rosneft.

Further reading

Related articles

Latest News

See all jobs