AP Moller-Maersk Buys Kerr-McGee Oil Assets

COPENHAGEN, Denmark — Danish shipping giant A.P. Moller-Maersk A/S said Monday it is buying the majority of Kerr-McGee Corp.’s North Sea oil assets for $2.95 billion. Britain’s Centrica PLC is buying four other fields from Kerr-McGee for $566 million, the U.S.-based company said.