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Maersk intensifies M&A search as oil unit loses biggest field

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Mr Thomasen says Maersk Oil sees good opportunities for creating value in the North Sea area and seeks to expand the business.

Copenhagen

AP 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.

"We're getting some resources freed up now," Maersk Oil chief executive officer