The UK Competition Authority finds that a merger could increase operating costs for oil and gas producers in the North Sea (Noble / Maersk)

Offshore drilling merger raises competition concerns* The CMA has found that the merger of Noble and Maersk Drilling could increase operating costs for oil and gas producers in the UK North Sea. In February, the Competition and Markets Authority (CMA) opened an investigation into the approximately £2.6 billion anticipated merger between Maersk Drilling and Noble Corporation. Noble and Maersk Drilling are both

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  • United Kingdom’s Competition Authority - CMA (London)

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UK Competition Authority, The UK Competition Authority finds that a merger could increase operating costs for oil and gas producers in the North Sea (Noble / Maersk), 22 April 2022, e-Competitions April 2022, Art. N° 106235

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