AP Moller-Maersk is pressing on with plans for a separate listing for Maersk Oil, according to reports in Denmark today.
The conglomerate has invited banks to present proposals for the IPO, including potential pricing, Berlingske says.
According to analysts cited in the report, the division is estimated to be worth around $7bn.
An IPO for Maersk Oil has been on the cards since a restructuring of the group last year, which pulled the oil related businesses into one division under the banner of Maersk Energy.
