75

News

Maersk sees first oil from Golden Eagle field

admin
November 3rd, 2014


This article is more than 10 years old.

Production in the UK North Sea will help company reach target of 400,000 barrels per day

Maersk Oil’s Golden Eagle oil field in the UK North Sea, which is about 70 kilometres north of Aberdeen, has started to produce some of its first oil.

Maersk owns just under 40 percent of a field that it believes has the potential to yield up to 70,000 barrels of oil per day by 2015.

Maersk’s cut of the total output would be about 20,000 barrels per day.

READ MORE: Danish North Sea oil fields attracting a record number of companies

Golden Eagle is one of several Maersk Oil projects geared towards growing the company’s production towards its target of 400,000 barrels per day by 2020, provided its investments yield a 10 percent return.

“A project of this scale is important for the UK North Sea and for Maersk Oil – to deliver it safely, on time and on budget is an excellent performance,” Martin Rune Pedersen, the managing director of Maersk Oil UK, said in a statement.

“Today’s announcement represents a great achievement by the Golden Eagle project teams.”

Promising portfolio
Maersk Oil has several promising projects that will help it increase production, including one of Norway’s largest discoveries ever: the 'Johan Sverdrup' field. 

Two other projects will first see production in 2014/2015 – the 'Jack' field in the US and the expansion of the 'Tyra Southeast' field in the Danish North Sea.


Share

Most popular

Subscribe to our newsletter

Sign up to receive The Daily Post

















Latest Podcast

A survey carried out by Megafon for TV2 has found that 71 percent of parents have handed over children to daycare in spite of them being sick.

Moreover, 21 percent of those surveyed admitted to medicating their kids with paracetamol, such as Panodil, before sending them to school.

The FOLA parents’ organisation is shocked by the findings.

“I think it is absolutely crazy. It simply cannot be that a child goes to school sick and plays with lots of other children. Then we are faced with the fact that they will infect the whole institution,” said FOLA chair Signe Nielsen.

Pill pushers
At the Børnehuset daycare institution in Silkeborg a meeting was called where parents were implored not to bring their sick children to school.

At Børnehuset there are fears that parents prefer to pack their kids off with a pill without informing teachers.

“We occasionally have children who that they have had a pill for breakfast,” said headteacher Susanne Bødker. “You might think that it is a Panodil more than a vitamin pill, if it is a child who has just been sick, for example.”

Parents sick and tired
Parents, when confronted, often cite pressure at work as a reason for not being able to stay at home with their children.

Many declare that they simply cannot take another day off, as they are afraid of being fired.

Allan Randrup Thomsen, a professor of virology at KU, has heavily criticised the parents’ actions, describing the current situation as a “vicious circle”.

“It promotes the spread of viruses, and it adds momentum to a cycle where parents are pressured by high levels of sick-leave. If they then choose to send the children to daycare while they are still recovering, they keep the epidemic going in daycares, and this in turn puts a greater burden on the parents.”