Maersk Drilling eyes African prizes
An uptick in west African activity holds promise for hard-pressed drillers
West Africa is one of the world's few hotspots for offshore drillers and could yet be poised to throw up more opportunities, as oil companies firm up their E&P plans in the region's new and expanding oil provinces. That is welcome news for Angela Durkin, chief operating officer at Maersk Drilling, whose business is still shaking off the effects of the collapse in activity during the post-2014 industry downturn-while preparing to be spun off from its parent A P Moller Maersk in 2019. "Our main focus in Africa right now is Ghana, where we have three of our drillships positioned. It's a very active market for us right now," Durkin told Petroleum Economist at November's Africa Oil Week confe
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
