Maersk changes structure of its office in Azerbaijan

Business Materials 18 May 2016 17:44 (UTC +04:00)

Baku, Azerbaijan, May 18

By Maksim Tsurkov - Trend:

The Danish company Maersk is not closing down its activities in Azerbaijan, the company's head office told Trend May 18 commenting on the information about the closing down of its office in Azerbaijan issued by the Azerbaijani Taxes Ministry's Vergiler newspaper.

The company said that its unit on drilling works - Maersk Drilling - will continue its work in Azerbaijan.

"The reason behind the liquidation information is because we are moving all activities previously held under the company name A.P Moller - Maersk A/S to Maersk Drilling A/S.," said the company. "This means that it is a legal procedure regarding the company structure we have in Azerbaijan."

Therefore, the activities in Azerbaijan, where Maersk Drilling is working for BP in the Caspian Sea with the floating semisubmersible drilling rig named after Heydar Aliyev, will continue, said the company adding that the rig is currently on contract with BP until May 2021.

Edited by SI

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Follow the author on Twitter: @MaksimTsurkov

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