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How do you navigate a volatile and complex environment? For Maersk the answer is going against the trend in Exploration & Production, allowing the company to sustain financial performance, continue capital investments and position itself well for counter-cyclical, inorganic growth. By creating an optimal portfolio focused on growth opportunities that play to its strengths, and sanctioning mega projects (including the biggest planned project in the North Sea), Maersk is positioning itself for medium- and long-term growth, in a way that very few companies of its size are able to do.

Our value chain is resting on technology, our people, and safety. We have also embarked on a robust cost-transformation program, right-sizing, simplifying and standardizing our organization. Cutting costs doesn’t mean we don’t want to grow, though. We are in a period of ambidextrous growth, and want to keep that momentum going.

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