EnergyWatch

Danish oil and gas find Solsort could take off soon

Ineos and Danoil will soon be able to present a development plan for the Solsort discovery, which is slated to provide Denmark with 14-15 million new barrels of oil and gas, says Danoil CEO Svend Lykkemark Christensen in an interview with EnergyWatch.

In 2015, the holders of right made a collaboration agreement on extraction from the Solsort find made five years prior. The discovery has since been declared commercially viable, and June 25 saw a 30-year extension given on the permits. Now a development plan is approaching, says Danoil, one of the three owners. | Photo: Danoil PR

Since Danish power utility Dong (now Ørsted) made the Solsort discovery during an exploration drilling in 2010, the holders of right to the find have repeatedly tried to have the project take off, to no avail.

However, this seems set to change within the near future, says Svend Lykkemark Christensen, chief executive of Danish oil firm Danoil, in an interview with EnergyWatch.

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