Maersk Oil CEO to Step Down after Total Takeover
in October last year. Prior to joining Maersk Oil, she had worked at Marathon Oil and BP. Total agreed last month to buy the oil and gas business of A.P. Moller-Maersk for $7.45 billion, strengthening the French major's operations in the North Sea. The current COO at Maersk Oil, Martin Rune Pedersen, will become vice president of Total's operations in Norway, Denmark and the Netherlands, Maersk said. Troels Albrechtsen, who is Chief Technology Officer of Maersk Oil, will be appointed vice president for a technical centre that Total will establish in Copenhagen, the Danish firm added
Maersk -Tyra Decommissioning to Start Next Year
been the main hub for gas production and processing in the Danish North Sea. The Tyra facilities are approaching the end of their operational life, and together with our partners in DUC we have assessed solutions for safe decommissioning and possible rebuilding of the Tyra facilities,” says Martin Rune Pedersen, Chief Operating Officer, Maersk Oil. Despite more than DKK 1 billion spend on reinforcing the Tyra structures over the past 15 years, the facilities cannot safely continue production due to new knowledge on storm wave impact, combined with subsidence of the underground chalk reservoir