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Maersk Oil is the operator of all licences held by A.P. Møller – Mærsk A/S, on the behalf of the Danish Underground Consortium which comprises A. P. Møller, Shell and Chevron. In July 2012, state-owned Danish North Sea Fund entered the DUC with a 20% interest, diluting the shares of A. P. Møller (31.2%), Shell (36.8%) and Chevron (12.0%). A. P. Møller has also acquired a number of licences outside the DUC, operated by Maersk Oil, currently operating Licences 9/95, 8/06 and 9/06. Total acreage is 2,125km2.

DUC was established for the purpose of assisting, in order for A.P. Møller – Mærsk to take full advantage of the Sole Concession of 8 July 1962 for Exploration and Production of hydrocarbons etc. in the Danish subsoil.

Mærsk Oil and Gas AS is Operator for DUC and takes care of exploration, development and production from the Danish oil and gas fields in the Concession area.

For further information about DUC’s activities in the North Sea please visit Operator’s homepage at www.maerskoil.com.

An updated educational material about the Danish North Sea oil and gas has been prepared (only available in Danish). For more information, please click here.