Moeller-Maersk Considers Selling FPSO Unit, Upstream Reports

A.P. Moeller-Maersk A/S is considering selling its floating production, storage and offloading business, Upstream reported, citing unidentified people in the industry.

The Danish company has been “discreetly tapping” the market for some months about a sale, the Oslo-based newspaper said, citing one person as saying.

BW Offshore Ltd. (BWO) is said to be one of the most obvious interested candidates, the newspaper said.

To contact the reporter on this story: Meera Bhatia in Oslo at mbhatia2@bloomberg.net.

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net

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