New Frontier

Maersk Oil will begin exploring Block 9 in Baffin Bay, Greenland, in 2011. The work comprises seismic acquisition and stratigraphic studies in order to quantify the hydrocarbon opportunities within the block. In addition ice studies and environmental assessments will be carried out including establishment of a shore based environmental field laboratory.

Additional Information

Maersk Oil was granted an exploration licence for Block 9 in Baffin Bay in December 2010. Maersk Oil has an 87.5 percent interest in the licence, covering an area of 11,802 sq km off NW Greenland just over 1,000 kilometres from the capital Nuuk. Greenland’s state oil company, Nunaoil has a 12.5 percent interest.