Maersk
impairment on assets the underlying profit was to be driven across the global portfolio and have delivered average oil prices but positively impacted by a higher average from the adverse market conditions was only partly mitigated ordered by a holding a and by other rate lower costs due to the cost transformation group retained ownership in bank is classified the increased entitlement production was a result of a higher the ordinary dividend of as well as the extraordinary more barrels for cost recovery as well as strong operational impacted by fleet growth cost savings strong operational performance and yard stays but offset by increased idle gains in and were primarily related to the sale of the wells including the east well in lying profit was decision at the annual general meeting on march commercial viability is being assessed the other four wells jack up rig integrator and one ultra deepwater cash flow from operating activities was or enhancement in drilling while primarily included the group share of above savings on the operating cost level of the underlying profit was as purchasing and resale of bunker and lubricating shipping services made a profit of market grew by pressure on key oil pendent markets has deteriorated local economic conditions and interest rates as well as currency adjustments | Maersk
Company
Deck Type
Sector
Industry
Deck date
July 2023
Slide
21 of 40
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Results
July 2023
excluding these like for like volumes decreased by ordered by a holding a and by other share the group retained ownership in bank is as held for trading negatively impacted by lower aver the ordinary dividend of as well as the extraordinary and cash flow used for capital expenditure was income of due to reduction of the tax rate lower exploration costs drilling made a profit of pos at the annual general meeting march was paid production share in where the decreased oil price gives decision at the annual general meeting on march performance in particular in the and production from the drilling has taken delivery of one ultra harsh environ oil completed six six exploration appraisal wells in launch of drilling cost reduction and efficiency well in the and the well in these three wells discovered hydrocarbons and commercial viability rate of exchange effects for the first six months of viable than last year mainly due to the lower oil price cash flow used mainly due to paid for the penses was primarily driven by lower interest expenses due bank shares and currency adjustments from result improvement efforts in supply service with | Maersk
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