Ineos' new Danish project targets 10,000boepd
The British oil company’s Solsort project in the Danish North Sea is projected to account for much of the country’s fossil fuel output, and the undertaking could lead to further extraction in the same region, says CEO.
BY MATHIAS JULIUS FALKENGAARD, TRANSLATED BY DANIEL FRANK CHRISTENSEN
Plans to develop the Solsort discovery have been underway since 2014, thus marking something of a milestone when the Danish Energy Agency (DEA) on Wednesday approved Ineos’ establishment plans, followed by the field operator and partners, state-owned Nordsøfonden and Danoil, making their final investment decision upon meeting Thursday, says Ineos Chief Executive Mads Weng Gade to EnergyWatch.
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