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Maersk Oil presses on with upstream projects with backing from AP Moeller-Maersk

This gives Maersk Oil room to expand Africa portfolio

Mr Thomasen says the financial strength of its parent allows Maersk Oil to make counter-cyclical decisions in times of low oil prices.


IN times of adversity, it helps if you have a well-endowed parent that can fund your uncertain journey without any strings attached.

Maersk Oil's chief executive Jakob Thomasen acknowledged to The Business Times that the financial strength of its Danish parent group gives

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