Dong Energy has said it may shed its oil and gas business as it looks to sharpen its efforts on wind power.
It is hoped the move could open the door to a potential deal with Moller-Maersk which is also seeking a new home for its energy assets.
The company has made its way to the forefront of international offshore wind farm development with that part of its business becoming its biggest contributor to profits in the first half of this year.
In a statement the company said: “We are reviewing strategic options regarding the future of the oil and gas business.”
The firm would not say whether Maersk was interested in buying its oil and gas assets, but a spokeswoman for the company said it did not comment on speculation.
She added: “We consider suitable options for growth on a case-by-case basis.
“It’s an open question, what Maersk Oil’s strategy is, whether it is to buy itself bigger before floating or merging with an even bigger company.”
DONG Energy, which also said its financial outlook for 2016 was unchanged, was floated on the Danish stock market in June in Europe’s biggest listing so far in 2016, raising 17 billion crowns ($2.6 billion).
Its wind farm business generated 42 percent of its earnings before interest, tax, depreciation and amortisation (EBITDA) in the first half of 2016, overtaking oil and gas.
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