Oil company loses chance to appeal damages claims ruling in Danish court

Noreco will not be able to appeal the ruling in the claims case for damages to its Siri platform at the Danish High Court. However, this has not been a factor in the oil company's recent acquisition of Shell's share of DUC, says the CEO.

Photo: Magnus Holm, Polfoto

Norwegian oil company Noreco will not be able to appeal a lost claims case concerning damages to its oil platform Siri. The Danish Appeals Permission Board has refused to try the case in the Danish Supreme Court, according to Norwegian business media E24.

This closes a protracted legal case with several insurance companies. The case concerns the Siri platform in the Danish North Sea, which Noreco owned together with Dong Energy, now known as Ørsted, until 2011, where the Norwegians sold their share to the Danish utility.

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