As part of a strategic review of its business segments, Muehlhan AG (XTRA:M4N) is planning to sell its oil and gas activities. In the future, the company will focus exclusively on business segments in which the Group holds a market-leading position. This includes the offshore wind power segment, which is experiencing dynamic growth, the vessel market and the infrastructure business. Muehlhan will use the resources freed up by the sale to further expand its market position in these areas. In the Oil & Gas segment, Muehlhan mainly operates in the North Sea. Chairman of the Executive Board, Stefan Müller-Arends: "The oil and gas market has been undergoing a process of consolidation for some time. We are not big enough to continue being able to play an active role in this market." This is why this is a logical move for Muehlhan.