Oil companies handed new North Sea oil permits

There is still interest in oil exploration in Denmark

Feb 26, 2016

The energy and climate minister, Lars Christian Lilleholt, has announced that a number of oil companies will be awarded the rights to 16 new oil and gas permits in the Danish part of the North Sea following a seventh bidding round.

The minister said he was pleased there was still a great interest in the exploration and excavation of Danish oil despite the tepid times currently being endured by the oil industry globally.

“The many new permits will help us maintain a stable exploration environment in Denmark,” said Lilleholt.

“And the new investments into exploration will hopefully translate into new commercial finds that will help finance our welfare society and green transition.”

Eight companies
The permits initially allow for a six-year exploration period including the possibility for a 30-year extension on fields that lead to production.

The companies involved in bidding round seven are DONG Energy, Edison International, Hess Oil, Ardent Oil, Wintershall Noordzee, Dana Petroleum, Hansa Hydrocarbons and DEA Deutsche Erdoel.

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Oil companies handed new North Sea oil permits

New US Arctic security strategy co-opts Denmark as Russia deterrent

Anti-whaling activist and Greenpeace co-founder Paul Watson arrested in Greenland

Migratory birds bring dangerous ticks to Denmark

Planes grounded in CPH as worldwide IT outage hits airlines, media and banks

CrowdStrike director: IT outage issue “has been identifed”

Foreign labour contributes DKK 76 billion to Danish economy in three months

26 May: ‘Visit Carlsberg’ tour at Home of Carlsberg

28 April: ‘Meet the Danes’ guided tour at the National Museum

20 April: Run around Kastellet

19 April: A guided tour of Christiansborg

6 April: Run around Frederiksberg Have

How internationals can benefit from joining trade unions

Internationals in Denmark rarely join a trade union

Novo Nordisk overtakes LEGO as the most desirable future workplace amongst university students

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