Despite an historic deficit, A.P. Moller - Maersk is ready to invest DKK 1 billion in new oil fields in the Gulf of Mexico, Brazil and Angola as the economic lifeline of North Sea oil production continues to decline. But is this bad news for the Danish treasury? It’ll probably mean declining domestic revenues from the shipping giant.
Source: Berlingske Tidende

This entry was posted on Wednesday, March 10th, 2010 at 10:54 am by David Hoskin and is filed under Business, Global Denmark. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.