AP Moeller Maersk A/S's Subsidiary Receives Licenses in British Part of North Sea; Six of Licenses Operated by Partners

Thursday, 25 Oct 2012 11:04am EDT 

AP Moeller Maersk A/S announced that its unit Maersk Oil has taken part in the licensing round for the British part of the North Sea. Maersk Oil UK has received nine licenses from the British authorities. In three of those licenses, Maersk Oil is to act as operator, and the remaining six are to be operated by various partners. Maersk Oil will begin exploration activity in area with Sedco 704-drilling rig in the beginning of 2013. Maersk Oil has secured a two-year contract for the rig. 

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