A.P. Møller - Mærsk A/S (CPSE:MAERSK B) is considering selling its oil and gas business in Brazil as A.P. Møller - Mærsk's energy group narrows operations in a restructuring, its Chief Executive Officer said. "We have said that we will focus on fewer geographies and certainly in the North Sea. Norway and the U.K. will be an area of focus for Maersk Oil," Maersk Energy Chief Executive Officer Claus Hemmingsen told Reuters. Maersk's assets in Brazil's offshore Campos basin - a 20% stake in the Wahoo field and a 27% stake in Itaipu assets - appear "on the fringe" of the company's portfolio, Hemmingsen said. "It is not being marketed but we are looking through the portfolio." The current value of the assets was unclear.