Maersk senior VP: Divestment is a relatively quick transaction

For Denmark as well as for Maersk Group, the divestment of Maersk Oil to Total was the right solution, says the CEO of the Energy division Claus Hemmingsen to ShippingWatch. There were many inherent uncertainties in a listing, he says.

BY SØREN PICO, SHIPPINGWATCH

It was the right solution for Maersk Group and for Denmark to sell Maersk Oil instead of listing the division, which had been one of the other options for the oil company, says Claus Hemmingsen.

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Maersk sells oil division to Total
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Skou after divestment: Important to maintain focus on the North Sea
Domino effect: How Denmark lost control over the North Sea
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