
Maersk Group's oil division, Maersk Oil, must prove that it can stand on its own two feet and the Culzean field in the North Sea will serve as its testing ground, reports Danish media Børsen.
Maersk is poised to split off certain divisions and has yet to resolve where the oil business will end up. Here, Maersk and Maersk Oil must prove the company's worth on the Culzean field, where they are investing DKK 4 billion (USD 613 million) together with British BP and a Japanese company.
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