Maersk Oil Turkmenistan BV (Operated by Wintershall)


Company Information
“Maersk Oil Turkmenistan BV provides oil and gas exploration and production services and is based in the Netherlands. The company operates as a subsidiary of A.P. Møller – Mærsk A/S.”[i]

Contact Information
Wintershall Holding GmbH
Ahal Hotel, Archabil Avenue, 35
Ashgabat, 744036
T: 993 12 510061
F: 993 12 510071

Maersk Headquarters
A.P. Møller – Mærsk A/S
Esplanaden 50
1098 Copenhagen K
T: +45 3363 3363
F: +45 3363 4108

History in Turkmenistan
In 2002, Turkmenistan awarded Maersk Oil and Exploration a Production Sharing Agreement for offshore Blocks 11-12. According to 2007 agreements, the shareholders in the project were Maersk Oil (36 percent), Wintershall (34 percent) and OMEL (30 percent), with Wintershall as operator.[ii] For several years in a row, Wintershall press releases simply stated that the company was pursuing exploration activities in Turkmenistan, without providing any details.

Current Scope of Operations
In January 2010, the Maersk/Wintershall/OMEL consortium surrendered rights to Blocks 11-12 due to poor exploratory results.[iii]

Wintershall was a “Bronze Sponsor” of the 2010 Turkmenistan International Oil and Gas Conference.


[i] Bloomberg, “Maersk Oil Turkmenistan BV,” Accessed August 24, 2008.

[ii] Accessed August 24, 2008.

[iii] Mishra (2010).