EnergyWatch

Maersk selling its share in UK oil field

Premier Oil and Perenco are buying stakes in a UK oil field from Maersk.

Photo: /ritzau/CLAUS BONNERUP

Maersk Group has sold its share in the UK oil field Wytch Farm to oil companies Premier Oil and Perenco, according to a press release from Premier Oil, Monday.

In the fall of 2016, it was believed that Maersk Oil would divest 7.4 percent of its ownership stake to Rockrose Energy, but Premier and Perenco have exercised their preemptive rights to acquisition.

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

Further reading

Related articles

Latest News

See all jobs