Denmark


All posts for Denmark

Wärtsilä Divests its Pumps Business

The technology group Wärtsilä has divested its pumps business to Solix Group, a Scandinavian investment company with offices in Copenhagen, Denmark and Malmö, Sweden. Wärtsilä Pumps has belonged to the Wärtsilä Marine Solutions organisation and became part of the company along with the acquisition ...

OilVoice Press - OilVoice


Posted 1 month agoPress > PumpsDivestmentWartsila Solutions +2

Shell Agrees to Sell Upstream Interests in Denmark to Noreco for $1.9 Billion

Royal Dutch Shell plc (Shell), through its affiliate Shell Overseas Holdings Limited, has reached an agreement with publicly listed Norwegian Energy Company ASA (Noreco), to sell its shares in Shell Olie-og Gasudvinding Danmark B.V. (SOGU) for a consideration amount of $1.9 billion. SOGU is a wholl ...

OilVoice Press - OilVoice


Posted 1 month agoPress > ShellRoyal Dutch ShellDivestment +6

Major Shareholder Notification – EuroPacific Growth Fund

Pursuant to Section 30, cf. section 38, of the Danish Capital Markets Act, EuroPacific Growth Fund (“EUPAC”), USA, has notified Ørsted A/S (“Ørsted”) that EUPAC as per 15 October 2018 owns 20,489,099 Ørsted shares corresponding to 4.8739 % of the share capital of Ørsted. EUPAC has delegated the vo ...

OilVoice Press - OilVoice


Posted 1 month agoPress > OrstedEuroPacificDenmark +1

Wood Awarded Maintenance Data Build Contract by Total Denmark E&P

Wood has secured a new four-year contract with Total Denmark E&P to provide the development and delivery of a significant operations readiness assurance scope for the Tyra redevelopment project, located 225 kilometres west of Esbjerg. Wood will deploy its integrated maintenance database (IMD) t ...

OilVoice Press - OilVoice


Posted 3 months agoPress > WoodTotalDenmark +3

Total Closes the Maersk Oil Acquisition and Becomes the Second-Largest Operator in the North Sea

Paris - Total announces the closing of the Maersk Oil acquisition signed on 21st of August 2017. It brings to Total around 1 billion barrels of oil equivalent of 2P/2C reserves and resources, mainly in the OECD countries, and a production of about 160,000 barrels of oil equivalent per day (boe/d) ...

OilVoice Press - OilVoice


Posted 9 months agoPress > TotalMaersk OilAcquisition +5

Annual Report 2017 - Strong Results Support Ørsted's Green Transformation

The Board of Directors of Ørsted today approved the annual report for 2017. In 2017, we achieved a strong operating profit (EBITDA) of DKK 22.5 billion, 18% up on 2016. We increased our share of renewable energy by 14 %-points to 64%. Our target is for at least 95% of our heat and power generation ...

OilVoice Press - OilVoice


Posted 10 months agoPress > green energyAnnual ReportOrsted +1

Tyra Redevelopment Secures Future of Oil and Gas Industry in Denmark by 2021, says GlobalData

The $3.3bn Tyra Future redevelopment project is critical in enabling Denmark to achieve its gas supply requirements, while supporting future regional investments and protecting industry jobs, according to GlobalData , a leading data and analytics company. An agreement with the Danish government ...

OilVoice Press - OilVoice


Posted 10 months agoPress > Tyra FutureDenmarkOil & Gas +2

Will Upstream Bounce Back in 2018?

Last year, the focus was firmly fixed on prices and downstream activity. The headlines and industry talk was all about demand versus supply; OPEC production cuts; price fluctuations; geopolitical factors; US oversupply, and at what point Russian frustration would crash the OPEC deal.    Obviously, ...

Scott Johnson


Posted 10 months agoOpinion > RussiaBrazilShell +2

Ørsted Completes the Divestment of Borkum Riffgrund 2 Offshore Wind Farm

Ørsted completes the divestment of Borkum Riffgrund 2 offshore wind farm and now expects full-year EBITDA to come in around DKK 21 billion Further to our company announcement issued on 7 August 2017, Ørsted has today completed the divestment of 50% of the Borkum Riffgrund 2 offshore wind farm to G ...

OilVoice Press - OilVoice


Posted 1 year agoPress > OrstedDivestmentBorkum Riffgrund 2 +5

Ørsted Divests 50% of Walney Extension Offshore Wind Farm and Increases Outlook for 2017

Ørsted (the former DONG Energy) has signed an agreement to sell 50% of Walney Extension, a 659 megawatt (MW) UK offshore wind farm project to a consortium consisting of PKA and PFA, two leading Danish pension funds. Each investor will obtain a 25% ownership interest in the project. Walney Extension ...

OilVoice Press - OilVoice


Posted 1 year agoPress > OrstedDong EnergyOffshore +4

Falling Output in Norway and Denmark Will Offset Growth in U.K. Supply

In its recently published Europe Watch , ESAI Energy points out that North Sea crude and condensate production will remain more or less stable from 2017 to 2018 at under 2.9 million b/d, before declining marginally in 2019. Over this period, falling output in Norway and Denmark will offset growth i ...

OilVoice Press - OilVoice


Posted 1 year agoPress > NorwayDenmarkUnited Kingdom +1

Hess Sells Interests in Norway; Commences Process to Sell Interests in Denmark

Continued Execution of Strategic Plan to Focus Portfolio on Higher Return Assets, Prefund Development of World Class Guyana Investment Opportunity Hess Corporation (NYSE: HES) today announced several additional steps in the continued execution of its strategic plan to further focus the company ...

OilVoice Press - OilVoice


Posted 1 year agoPress > NYSEHess CorporationAsset Sale +4

DONG Energy Receives Regulatory Approvals for the Divestment of its Upstream Oil and Gas Business to INEOS

On 24 May 2017, DONG Energy announced the agreement to divest the entire share capital of DONG E&P A/S to INEOS, including that closing of the transaction was subject to certain regulatory approvals. We are pleased to announce that today the parties have received the regulatory approvals from the ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Dong EnergyIneosDenmark +2