North Sea-focused oil and gas company Spirit Energy has signed an agreement to divest two non-core Danish assets to INEOS.Spirit Energy will, as part of the deal, sell to Ineos two of its companies with licenses in Denmark. The two companies jointly own 40% in the Hejre discovery and 27…
Centrica and Stadtwerke München have agreed to combine Centrica’s European oil and gas exploration and production business with Bayerngas Norge. The new joint venture company will be owned 69% by Centrica and 31% by Bayerngas Norge’s existing shareholders…
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…
A total of 32 crude and natural gas projects are expected to commence operations in the North Sea region by 2025, with the UK claiming the highest number at 22, followed by Norway and Denmark with nine and one respectively, according to research and consulting firm GlobalData…
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…
DONG Energy's flagship high-pressure, high-temperature Hejre field development is in a state of limbo after operator DONG Energy said it was terminating a contract for the topsides, despite being well into construction. Contractors Technip and Daewoo Shipbuilding & Marine Engineering…
Some 65 MMboe will be left untapped offshore Norway due to the early shut down of fields and the failure of the Vette project to meet economic margins, according to a report by the International Energy Agency (IEA). The IEA's April Oil…
Semi-state owned Danish energy company DONG Energy has decided to keep its exploration and production business ahead of floating on the stock market. But, the firm said its exploration and production business will have to 'adapt to the significant decline in oil and gas prices…
The Danish North Sea high-pressure, high-temperature Hejre oil field project continues to be challenged by delays from its supplier consortium, according to operator DONG Energy. Henrik Poulsen, the firm's CEO and President, said DONG continues to press for first oil in 2017…
Meg Chesshyre talks to Heerema Fabrication Group CEO Koos-Jan van Brouwershaven about the firm’s latest projects. Cygnus PU sail away. Photos from Heerema Fabrication Group. Heerema…
DONG Energy provides this time-lapse video of the Herje topsides construction process, which took place from April to October 2014. Hejre is Dong Energy’s first high-pressure, high-temperature (HPHT) development and is expected to begin production in 2017 with an estimated 170 MMboe…
In this video Dong Energy gives an idea of how the Hejre oil and gas platform project is being carried out in the Danish part of the North Sea. Hejre is Dong Energy’s first high-pressure, high-temperature (HPHT) development and is…
DONG Energy released a video showing the installation of the Hejre jacket that occurred on 23 May 2014. DONG Energy has installed the jacket for the Hejre platform in the Danish sector of the North Sea, 292km north west of Esbjerg…
Denmark is the European Union’s (EU) only net exporter of oil. The Nordic state’s oil exports totalled approximately 13.7MMboe in 2013. This is in stark contrast to the EU’s only other significant oil producer, the UK, which became a…
A partner on the Laggan-Tormore project, west of Shetland, in UK waters, has said first oil is likely to be delayed from the end of 2014 to 2015. DONG Energy’s CEO Henrik Poulsen said Total, the operator of Laggan-Tormore, was reviewing…
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