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Maersk Oil cuts 160 jobs in Denmark

Following an organizational review, Maersk Oil said it has decided to simplify the organization in Denmark to improve efficiency.

In the first phase of the reorganisation in the first quarter of 2017, it will consolidate all employees to the Esbjerg office which will involve reducing 160 positions.

Martin Rune Pedersen, chief operating officer of Maersk Oil, said: “Our employees have done a great job in getting us to where we are today, and we recognise that this announcement will be unsettling news for them. It is however a necessary step in order to remain competitive in the Danish North Sea and the wider Maersk Oil business.”

Patrick Gilly, Managing Director of Maersk Oil DBU said: “What we are announcing today will ensure our long term future in a sustainable manner and it is a step in our efforts to support the Maersk Oil North Sea ambitions. The simpler organisation enables us to operate in a leaner and more integrated way with a maintained focus on creating maximum value from safe operations of the mature fields in the Danish North Sea.”

Maersk Oil produces a mixture of oil and gas oil from 15 fields in Denmark. First.

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