COPENHAGEN: Maersk Oil is looking to cut up to 200 jobs in the UK plus ditch one of its North Sea assets, citing “ongoing challengesd in the market” and the company’s “cost transformation process”.
It is also looking to push through a move to three weeks on, three weeks off offshore rotation. Its Janice operations will be shuttered in the middle of next year leaving the Danish firm with just two working assets in the UK section of the North Sea.
When announcing its most recent results, the Maersk Group cited its oil division as being one of the weaker financial areas of the maritime conglomerate.
