printMaersk Oil Turkmenistan BV (Operated by Wintershall)
Company Information
“Maersk Oil Turkmenistan BV provides oil and gas exploration and production services and is based in the Netherlands. The company operates as a subsidiary of A.P. Møller - Mærsk A/S.”1
Contact Information
Wintershall Holding AG
Ashgabat Branch
Ahal Hotel, Archabil Avenue, 35
Ashgabat, 744036
Turkmenistan
Tel.: 993 12 510061
Fax: 993 12 510071
Maersk Headquarters
A.P. Møller - Mærsk A/S
Esplanaden 50
1098 Copenhagen K
Denmark
+45 3363 3363
+45 3363 4108
http://www.maersk.com
History in Turkmenistan
“In 2002, Maersk Oil, entered into an Exploration and Production Sharing Agreement for Block 11-12, covering some 5,700 sq. kms offshore Turkmenistan in the Caspian Sea. Exploration activities are in progress. After License share assignments in 2007, Maersk Oil holds an interest of 36%. Wintershall is operator and holds 34% and OMEL holds the remaining 30%.”2
Current Scope of Operations
“Block 11-12 is located in offshore Turkmenistan at north-eastern margin of the South Caspian Basin and 35 Km north east of giant Azeri-Chirag-Gunashli field, which is operated by British Petroleum.”3
“A single exploratory well was drilled in 2005.”4
(1) http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=13501231, accessed August 24, 2008.
(2) http://www.maerskoil.com/en/AreasOfActivity/Turkmenistan/Pages/Turkmenistan.aspx, accessed August 24, 2008.
(3) http://www.rediff.com/money/2007/jan/12ongc.htm, accessed August 24, 2008.
(4) http://www.rusenergy.com/newssystem/opened/37/20070808/313308.htm (translated by Crude Accountability), accessed on August 24, 2008.
Back to Who's Who in Turkmenistan Directory
Photo: A merchant at Ashgabat's Tolkuchka Bazaar. Photo courtesy of Larisa Aranbaeva.