127

News

Maersk lays off 122 following loss of rig contract

Christian Wenande
August 3rd, 2016


This article is more than 8 years old.

ConocoPhillips and Marathon Oil terminate Maersk Valiant contract a year early

The Maersk Valiant operates in the Gulf of Mexico (photo: Maersk)

Maersk Drilling has laid off 122 employees after one of its rigs, the Maersk Valiant, lost a contract prematurely to one of its customers last week.

The Maersk subsidiary’s rig, which operates in the Gulf of Mexico, had been leased out to ConocoPhillips and Marathon Oil since 2014 in a contract due to last until September 2017. But in the wake of struggling oil prices, the US oil companies cancelled the agreement before time.

“With the termination of the Maersk Valiant, we are reminded of the extremely challenging conditions in the offshore oil and gas market,” said the head of global sales, Michael Reimer Mortensen.

“It is with regret that we will see a high performing rig such as the Maersk Valiant without work, but we will continue to explore opportunities with our customers and seek ways to create innovative solutions to enable project viability.”

READ MORE: Maersk Oil loses major contract in Qatar

Two-month window
The affected workers will remain employed for 60 days following the news of their termination.

Maersk Drilling’s modern fleet counts 23 drilling rigs including drillships, deepwater semi-submersibles and high-end jack-up rigs.

It’s been a rough summer for the Danish oil and shipping company. In late June, Maersk Oil was told it would be replaced as a partner in the Al Shaheen oil field in Qatar.


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.”