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
11 August 2025
The administration is pushing for deregulation and streamline permitting for natural gas, while tightening requirements and stripping away subsidies from renewables
8 August 2025
The producers’ group missed its output increase target for the month and may soon face a critical test of its strategy
7 August 2025
The quick, unified and decisive strategy to return all the barrels from the hefty tranche of cuts from the eight producers involved in voluntary curbs signals a shift and sets the tone for the path ahead
7 August 2025
Without US backing, the EU’s newest sanctions package against Russia—though not painless—is unlikely to have a significant impact on the country’s oil and gas revenues or its broader economy