Introduction to Maersk Oil and Gas

Sofie Smidt Hansen and Mai-Britt Søndberg

Agenda

The A.P. Moller - Maersk Group

Danish Business Unit

Maersk Oil and Gas

The A.P. Moller – Maersk Group was established in 1904…

1928 1962 1964 1972 1972 1904

Maersk Drilling established

1984 2005 1975 1994 1998 1999 2011

First gas export in Denmark

First oil in Algeria

P&O Nedlloyd acquired Oil and gas interests acquired in the UK

Oil and gas interests acquired in the US Gulf of Mexico & Brazil

First containerised vessels

First oil in Qatar Safmarine and Sea-Land acquired

First tanker vessel added to the Maersk fleet

Dansk Supermarked (retail business) established

First oil in Denmark

First liner service between US and Asia

Maersk Oil established and Danish oil and gas activities initiated

Company established

2012

The A.P. Moller - Maersk Group is a worldwide conglomerate. We operate in some 130 countries and have a workforce of some 108,000 employees. In addition to owning one of the world’s largest shipping companies, we’re involved in a wide range of activities in the energy, logistics, retail and manufacturing industries.

…and today

Maersk Oil and Gas history

1962 Establishment of the Dansk Undergrunds Consortium (DUC) and awarded the concession for the Danish North Sea 1966 First discovery in the Danish North Sea at the Kraka field

1975 Maersk Oil became operator of the DUC Exploration and field development in Denmark continues

1984 First gas from exports from a Danish field, Tyra

1960s: 1970s: 1980s: 1990s: 2000s:

Maersk Oil increases oil production and expands geographically: 2002 Kazakhstan 2005 Angola, Norway and the UK 2006 The U.S. Gulf of Mexico 2007 Brazil 2010 Greenland 2011 Abu Dhabi

1990 Maersk Oil enters Algeria as non-operator 1992 Maersk Oil signs EPSA agreement with Qatar 1994 First oil from Qatar’s giant Al Shaheen field 1994 Maersk Oil breaks first of several horizontal well length records

1972 First oil production in the Danish North Sea, the Dan field

3.400 employees globally

12COUNTRIES

625.000barrelsof oil/

day

1.360 employees in DBU 13.000 JOBS IN DANISH OIL INDUSTRY

660 employees Offshore

Tyra East Tyra West Halfdan

Dan Gorm

SAFETY is our number ONE priority!

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