A unit of AP Moller-Maersk is hoping to double its oil production in the UK with a $900m spend earmarked for next year.
The investment from Maersk Oil in assets off Scotland comes on top of Friday’s announced exploration license off west Greenland.
The Danish giant has secured 10 new licenses for oil production off the UK, compatriot business newspaper Borsen reported on Monday, citing UK director Martin Rune Pedersen.
“We
