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Hess Denmark’s surplus shrinks

Hess Denmark’s bottom line dropped almost 61 million USD in 2012, but the company has still produced a surplus of about 145 million USD.

Photo: CARSTEN INGEMANN

Following a strong 2011, the oil giant Hess’ Danish department, an operator in the Syd Arne field, is experiencing a blowback.

In 2011, Hess Denmark delivered a net turnover from the oil and gas sales of 431 million USD, a number that has been shaved down to 348 million USD in 2012, according to the company’s annual accounts.

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