Conglomerate: Maersk Group
As a group, MAERSK business success is built on a number of strengths: our size and global reach, our financial strength, our talented employees, our time-honoured values, our approach to sustainability and our drive to innovate. Combined, these strengths form a unique platform for our continued success and future growth. http://www.maersk.com/
Ownership: 1904 Founded
A.P.
Moller–Maersk Group, Danish: A.P. Møller–Mærsk A/S, Danish
pronunciation: also known as Maersk, is a
Danish business conglomerate. A.P. Moller – Maersk Group has
activities in a variety of business sectors, primarily
within the transportation and energy sectors. It has been the largest
container ship operator and supply vessel operator in the world since
1996Operations: Both Sea and Land
A.P. Moller – Maersk Group is based in Copenhagen, Denmark, with subsidiaries and offices in more than 135 countries worldwide and around 108,000 employees. It Oprates in Both Sea and Land Transportation and Energy operations.
It ranked 147 on the Fortune Global 500 list for 2010, down from 106 in 2009.
Investments: Oil and gas activities Maersk Oil
Maersk Oil (Danish: Mærsk Olie og Gas A/S) was established in 1962 when Maersk was awarded a concession for oil and gas exploration and production in the Danish sector of the North Sea.
Today, Maersk Oil is engaged in exploration for and production of oil and gas in many parts of the world. Total oil production is more than 600,000 barrels per day (95,000 m³/d) and gas production is up to some 1 billion cubic feet (28,000,000 m³) per day. Most of this production is from the North Sea, from both the Danish and British sectors, but there is also production in offshore Qatar, in Algeria and in Kazakhstan.
In addition to the above-mentioned producing sites, Maersk Oil is involved in exploration activities in Danish, British, Dutch and Norwegian sectors of the North Sea, Qatar, Algeria, Kazakhstan, Angola, Gulf of Mexico (US sector), Turkmenistan, Oman, Morocco, Brazil, Colombia and Suriname. Most of these activities are not 100% owned, but are via membership in a consortium.
The company prides itself for having developed production techniques especially suited to difficult environments (North Sea, etc.) and for drilling techniques that succeed in extracting oil from problematic underground conditions.
Investments Shares and Stock Exchange:
"Oil and gas activities" provided A.P. Moller – Maersk with 22% of its revenue and 68% of its profit in 2008.A.P.
Møller – Mærsk A/S is listed on the Copenhagen Stock Exchange. Shares
in the company are divided into A and B shares, with only A shares
conferring voting rights. The group currently has some 66,000
shareholders.
