AP Moller Maersk believes oil production in North Sea has reached its peak

Management at AP Moller Maersk’s Maersk Oil & Gas division believe oil production in the North Sea has reached its peak, daily Boersen reported.

‘Production is, under all circumstances, expected to decline during coming years, but our task is to counteract this as far as possible,’ Maersk Oil & Gas deputy director Anders Wurtzen said according to Boersen.

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