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Maersk Oil struggling with weak acquisition market

Although Maersk Oil has been in the market for acquiring oil assets for a long time, nothing is happening. There is a general divide in the understanding of price between buyers and sellers.

At Maersk Oil it has been no secret that, following the major price plunge in oil, the company wanted to use some of the group's big funds on oil and gas fields. So far, nothing has happened.

This is because the prices in the acquisition market have not plunged alongside the oil price. On the contrary, there is a "buyer-seller-disconnect" in terms of the pricing of assets in the sector, reports Danish business daily Berlingske citing several sources from the oil industry.

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