Maersk Intensifies M&A Search as Oil Unit Loses Biggest Field

Updated on
  • Losing Qatar field frees up resources elsewhere, CEO says
  • Maersk Oil CEO prefers takeover targets in North Sea

Total to Run Qatar's Al Shaheen Oil Field

A.P. Moeller-Maersk A/S is intensifying its search for acquisitions to build up its oil unit as the Danish shipping and petroleum conglomerate loses Qatar, the biggest field in its portfolio.

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