Maersk takes stake in Iraqi blocks

Maersk Oil, a unit of oil and shipping group A.P. Moller-Maersk, has received Kurdistan Regional Government (KRG) approval to buy 40% stakes in two exploration blocks from Repsol Oriente Medio.

Maersk ready: Maersk Oil is set to take a 40% stake in two blocks in the Kurdistan region of Iraq
Maersk ready: Maersk Oil is set to take a 40% stake in two blocks in the Kurdistan region of Iraq
Published 14 January 2014, 00:39Updated 14 January 2014, 02:05
Middle East