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Maersk Oil: DUC JV April Oil Production at 156,200 B/D

Maersk Oil said Wednesday that DUC oil and condensate production in April totaled 156,200 barrels a day.MAIN FACTS:-Production totals 19.5 million barrels in the year to date.-Production in March totaled 164,700 barrels a day.-Production in April 2012 totaled 185,700 barrels a day.-Export gas totaled 320 million Nm3 in April.-Export gas totaled 1.41 billion Nm3 in the year to date.-Export gas totaled 370 million Nm3 in March.-Export gas totaled 440 million Nm3 in April 2012.-The DUC production in April was lower than the forecast due to unscheduled maintenance on Tyra West.-Dansk Undergrunds Consortium, DUC, is a joint venture between: AP Moller-Maersk (MAERSK-B.KO)(31.2%), Chevron (CVX) (12.0%), Nordsofonden (20.0%) and Shell (RDSA) (36.8%).-Maersk Olie og Gas AS is operator for all DUC activities.-Write to Dominic Chopping at dominic.chopping@dowjones.com; Twitter: @WSJNordicsSubscribe to WSJ: http://online.wsj.com?mod=djnwiresCopyright © 2013 Dow Jones Newswires...

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  1. Maersk Oil: DUC March Oil Production at 164,700 B/D

    Danish conglomerate A.P. Moller-Maersk A/S's (MAERSK-B.KO) unit Maersk Oil Tuesday said the DUC joint venture's total oil production fell to 164,700 barrels per day ...

  2. China Shipping Container Lines to Order 5 Triple-E Mega Container Ships

    China Shipping Container Lines (2866.HK) plans to order five triple-E container ships, becoming the second operator after market leader A.P. Moller-Maesk A/S (MAERSK...

  3. European Companies Join Forces In Renewable Power-to-Gas Project

    Eleven European companies have joined forces to further the development of power-to-gas, a concept to convert electricity to natural gas that could be used to store ...

  4. Hapag-Lloyd, Hamburg Sud Under Pressure To Restart Merger Talks - Sources

    German container shippers Hapag-Lloyd and Hamburg Sud are under pressure to restart merger talks within the next two months in a last-ditch attempt to revive a plan ...

  5. Bridge Energy: Pl511 Mjosa Exploration Well Spudded

    Bridge Energy ASA (BRIDGE.OS), a Norwegian registered E&P company, said Monday drilling of exploration well 6406/6-3 has started.MAIN FACTS:-Well will target the Mjo...

  6. Brazil ANP: So Far, 38 Companies Qualified for Oil Exploration License Round

    Brazil's oil regulator, the ANP, has qualified 38 companies so far for the oil exploration block licensing round to be held May 14 and 15.In a statement, the regulat...

  7. Maersk : 2013 Net Profit Expected to Be Lower Than 2012

    A.P. Moller-Maersk A/S (AMKBY) stuck to its forecast for a lower net profit in 2013 as weak economies in developed markets continue to hold back container shipping r...

  8. Inside the Billion-Dollar Fight to Foil High-Sea Hijackings

    Gone are the days of one-eyed pirates being chased by the dilapidated schooners of ancient naval fleets. The modern-day fight against piracy is more like a 21st cent...

  9. Maersk Oil: DUC JV to Invest $800 Million in Danish Field Extension

    Maersk Oil said Friday that it and its partners in the Danish Underground Consortium would invest $800 million in a new unmanned platform in the Danish North Sea.The...

  10. Virginia Port Authority Votes Against Privatization

    The Virginia Port Authority has opted against privatizing its operations, putting an end to two multibillion-dollar proposals from investment groups vying to run the...

  11. Companies Lead Charge in Resurgent European Bond Market

    France Telecom SA and Heineken NV were among a rush of companies raising funds in the European primary bond market Tuesday as uncertainty caused by the Cypriot bailo...

  12. AP Moller -Maersk Goes Ahead with Sterling 12-Year Bond

    Danish shipping company AP Moller-Maersk A/S (MAERSK-A.KO) is going ahead with a 12-year sterling-denominated bond, one of the banks on the deal said Tuesday.The com...

  1. Moller-Maersk Net Falls, Demand to Stay Subdued

    The world's largest container shipping company A.P. Moller-Maersk A/S (MAERSK-B.KO) Friday posted a smaller-than-expected drop in first-quarter net profit, supported...

  2. UASC Plans to Order Five Triple-E Container Ships

    Cash-rich United Arab Shipping Co. is considering buying five of the world's largest container ships for around $700 million, people with direct knowledge of the dea...

  3. BP Sells 60% Interest in Brazil's Polvo Oil Field for $135 Million

    Oil major BP PLC (BP) has agreed to sell its 60% interest in the Polvo oil field in Brazil to HRT Oil & Gas Ltda for $135 million in cash.MAIN FACTS:-Subject to regu...

  4. Brazil's HRT Buys 60% Stake in Offshore Polvo Oil Field from BP

    Brazilian oil start-up HRT Participacoes em Petroleo SA (HRTP3.BR) said Monday it would acquire a 60% stake in the offshore Polvo heavy oil field from the local unit...

  5. Hyundai Heavy Gets $700 Million Container Ship Order From CSCL

    Hyundai Heavy Industries Co. (009540.SE) said Monday that it had received a $700 million container ship order from China Shipping Container Lines Co. (2866.HK), taki...

  6. Brazil March Crude Oil Output Down 8% From February at 1.853 Mbpd-ANP

    Brazilian crude oil output slid for the third-consecutive month in March as maintenance shutdowns at several offshore platforms sapped production, the National Petro...

  7. Overcapacity, Fuel Costs Hit Shipping Industry

    The owners of the world's containerships are the people responsible for making globalization a reality. Their fleets transport 90% of world trade in manufactured goo...

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