Maersk Oil's project off UK a boost to Singapore's O&M sector

Singapore

DENMARK-BASED Maersk Oil, in seeking competitive solutions towards ensuring the Culzean field development off the UK remains economically viable even under low oil and gas prices, is undertaking a major part of the project work in Singapore.

This has, in turn, stimulated the job market here, although a sizeable volume of work on the project will also be carried out in Europe.