DONG Energy has today agreed to sell its E&P business, including a stake in the Rosebank field, west of Shetland, to petro-chemical business Ineos for US$1.05 million, plus $250 million in contingent payments. Ineos, which recently acquired the Forties pipeline system from BP…
According to a 29 March 2016 announcement, DONG Energy and Bayerngas terminated the contract for the engineering, procurement and construction (EPC) of the Hejre platform with the supplier consortium. Subsequently, disputes around the termination of contract arose…
In the first of two German auction rounds, the Bundesnetzagentur (Germany’s Federal Network Agency) awarded DONG Energy the right to build three offshore wind projects in the German North Sea. DONG Energy submitted six projects in the…
DONG Energy has signed an agreement to acquire a 35% ownership interest in Taiwan's first commercial offshore wind farm from local developer Swancor Renewable. Formosa I comprises two phases. Phase I has a total capacity of 8MW and consists…
Denmark’s DONG Energy will divest its activities within the oil and gas business by the end of 2017. Image of a DONG turbine, from DONG Energy. The company has already 'initiated…
CS Wind will build a new offshore tower manufacturing facility in Campbeltown, Scotland as a result of a multi-million-dollar investment from DONG Energy. This investment will give DONG Energy preferred access rights to towers for its offshore wind farms…
Norway’s Petroleum Safety Authority (PSA) has granted Faroe Petroleum Norge consent to takeover operatorship from DONG E&P Norge of the Oselvar and Trym fields in the North Sea. Earlier this week, Faroe completed the acquisition deal…
Faroe Petroleum and DONG E&P Norge have completed the acquisition deal consisting of five Norwegian North Sea oil and gas fields, with Faroe only paying a fraction of the original US$70.2 million price tag. Image of Trym subsea gas compression…
Electricity has been generated for the first time at Burbo Bank Extension offshore wind farm, a joint venture between DONG Energy (50%) and its partners PKA (25%) and KIRKBI (25%). With the initial turbines recently installed, power…
Denmark’s DONG Energy has decided to exit the oil and gas business, to focus its efforts on renewables. Image from DONG Energy. “We have decided to initiate a process with the aim of ultimately exiting from our oil and gas business…
DONG Energyawarded UK firm JDR Cables their biggest array cable contract to date, to supply subsea power cables for Hornsea Project One offshore windfarm in the North Sea, off the coast of England. With a capacity of 1.2 GW, when built…
Danish utility and oil firm DONG Energy is laid claim to being the first company worldwide to have installed 1000 offshore wind turbines. Its offshore wind turbine number 1000 was commissioned at the German offshore wind farm Gode Wind 2…
Dutch marine contractor Boskalis revealed details of a new offshore transport and crane vessel to join its fleet. The vessel will be a conversion of one of its existing F-class heavy transport vessels. It is being equipped with a 3000…
Following the finalization of the Maersk Resolve jackup for DONG Energy's planned work scope at the Hejre field in the Danish sector of the North Sea, Maersk Drilling received a letter of early termination. The original contract was scheduled to end in January 2017…
Wood Group has been awarded a new engineering services framework agreement by DONG Energy, to support the firm's oil and gas assets across the Danish, Norwegian and UK continental shelves. Front end development, maintenance and modifications…
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