Tag: A.P. Møller – Maersk

Maersk Oil divests Brazilian oil assets

The fully owned subsidiary of A.P. Møller - Maersk, Maersk Olie og Gas (Maersk Oil) is revising its strategy and will no longer pursue growth or operatorship for its business in Brazil. Because of this, Maersk Oil has divested its ownership share in the small producing field Polvo to the operator, Brazilian independent HRT O&G Exploracao e Producao de Petroleo, subject to regulatory approvals.