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Tag Archives: African countries Maersk Oil

Maersk Oil Ready for Spending Spree

Danish oil company Maersk Oil has several billion dollars to buy new licences, oil-producing fields or even launch a corporate takeover, the company’s Chief Operating Officer has said. The oil producer, supported by the might of its shipping conglomerate parent A.P. Moller-Maersk, is in an unusually strong position compared with peers making cutbacks in the face of a sustained slump ...

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