EnergyWatch

The Danish North Sea has been completely transformed

With the announcement that US firm Hess will divest of its Danish North Sea assets, Denmark is looking at a completely transformed North Sea.

Photo: /ritzau/Magnus Holm/

2017 will be remembered as a historic year for Danish oil and gas development in the North Sea. By the end of the year, a large share of the fields on the Danish North Sea shelf will either have already transferred over to new, international actors or be in the final stages of doing so.

Most recently, US firm Hess announced that it hopes to sell its ownership share in the Syd Arne field. Hess is operator and owner of 61.5 percent of the Syd Arne field, which has produced 170 million barrels of oil and gas since 1999, and last year delivered 11,000 barrels of oil per day to Hess.

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

Glencore books huge profit from gas crisis

The exorbitant natural gas prices have led several countries to reverse course on coal. This has served to benefit mining company Glencore, which, unlike competitors, has decided not to cut down on coal production.

Pelosi's Taiwan visit could impact Tesla's battery supplies

According to Bloomberg, the Chinese government has interfered with Chinese battery manufacturer CATL’s plans to build a factory in the US. A decision on where to build the factory has reportedly been postponed due to Nancy Pelosi’s visit to Taiwan. Updated.

Further reading

Related articles

Latest News

See all jobs