Maersk to rethink way forward for Chissonga offshore Angola

Offshore staff

COPENHAGEN, DenmarkMaersk Oil plans to slim down its organizations in Angola and the US, closing its Houston office and reducing its team in Luanda.

These measures will impact around 100 staff positions cross the two sites.

Maersk took the decision following attempts to reduce capex and improve returns from its un-sanctioned Chissonga project offshore Angola, which may now be developed at a later date with other parties’ hydrocarbon discoveries in the same region.

COO Gretchen Watkins said: “This difficult decision does not diminish our keenness to pursue the Chissonga project sanction in due course, provided we can achieve an attractive return on our investment.”

The changes will transfer some responsibilities for the project to Maersk Oil’s Copenhagen headquarters and leave an office of 18 people in Luanda continuing maturation studies.

Maersk’s non-operated activities in the Gulf of Mexico, run from Houston, will also be transferred to Copenhagen.


Share your news with Offshore at

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Making DDoS Mitigation Part of Your Incident Response Plan: Critical Steps and Best Practices

Like a new virulent strain of flu, the impact of a distributed denial of service (DDoS) attack is...

The Multi-Tax Challenge of Managing Excise Tax and Sales Tax

To be able to accurately calculate multiple tax types, companies must be prepared to continually ...

Operational Analytics in the Power Industry

Cloud computing, smart grids, and other technologies are changing transmission and distribution. ...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...