Maersk Oil was established in 1962 when Maersk group was awarded a concession for oil and gas exploration and production in the Danish sector of the North Sea. Maersk Oil is engaged in exploration for and production of oil and natural gas in the North Sea Danish, British, German and Norwegian sectors, Qatar, Algeria, Kazakhstan, Angola, Gulf of Mexico (US sector), Turkmenistan, Oman, Morocco, Brazil, Colombia and Suriname