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20/12/2016at 09:13

Small oil companies hoping for Dong sale in bits

If Dong Energy does not manage to sell its entire fossil production at once, several companies are ready to snatch it up in small bites. Just not the Danish ones.
Håndværkstilbud eller hæmsko? Dongs aktiver i den danske del af Nordsøen er lidet interessante ved et frasalg i bidder. | Photo: Dong Energy
by MAZ PLECHINGER

Denmark's Dong Energy would prefer to sell its Oil & Gas division in one piece. However the market in the North Sea is hardly a site of bustling activity, where there seem to be more "for sale" signs pitched than interested buyers. Both Shell and Maersk Oil have been named as potential sellers, while the latter's merger with Dong reached a standstill last week.

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