EnergyWatch

New Danish North Sea deal settled

The Danish government and companies operating in the North Sea have reached a new deal for oil extraction in the region. Maersk Oil says the agreement will allow for the full redevelopment of the Tyra gas field, which was otherwise facing closure.

Denmark's minister of finance Kristian Jensen (Danish Liberal Party, V) wrote on Twitter Wednesday evening CET that the government has settled a deal for the North Sea with the companies producing the oil in the region. The Ministry of Business wrote a similar statement.

Following the significant slide in the oil price, the companies behind the oil extraction have been looking to settle a new agreement that would make oil and gas extraction in the North Sea more profitable.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Ukrainian utility hit by cyberattack

Russian hackers have allegedly carried out a cyberattack against the largest privately owned utility in Ukraine, DTEK Group. The perpetrators’ goal was to destabilize, the company reports.

Further reading

Related articles

Latest News

See all jobs