EnergyWatch

Hess doubles million-dollar deficit from Danish North Sea fields

Operations at the South Arne field in the North Sea continue to be a money sink for the Danish division of oil firm Hess. Last year, Hess lost USD 91 million on operating the field and drilling dry in another well.

Photo: Hess Denmark

The Danish division of oil firm Hess continues to lose money on operating the South Arne field in the North Sea, the company's main activity.

Last year, the oil company's deficit came to USD 91 million, which is double the operating loss in 2018.

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