ShippingWatch

Denmark ready for new North Sea bidding round

Before the end of 2013, the Danish Energy Agency plans to issue new licenses for companies interested in exploring and producing oil and gas in the North Sea.

New possibilities could surface during 2013 for companies interested in the North Sea. Before the end of the year, the Danish Energy Agency plans to issue licenses for an area in the North Sea, west of 6° 15' eastern longitude. This will happen through a seventh bidding round, which will give interested companies permission to explore and produce oil and gas, says the Danish Energy Agency in a press release.

This means that the agency is currently working on a plan to offer new oil- and gas licenses in the North Sea, which includes "exploration activities, primarily in the form of geological surveys, production activities, and CO2 injections into existing oil fields to stimulate the production of hydrocarbons."

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

SDK Freja anticipates steep earnings drop following record year

Logistics company SDK Freja, which delivered record financials with great advancement on top and bottom lines, takes a more gloomy view of the current fiscal year due to several ”external factors.” However, the growth target remains the same, CEO tells ShippingWatch.

LNG carriers concerned about increasing ship prices

The price on new LNG vessels has soared vigorously, and for Flex LNG this has meant a withdrawal from the market for new ships. Such was the statement by Flex LNG’s chief exec at Marine Money in New York, where he also announced new long-term charter agreements.

Maersk ships delayed up to three weeks on US east coast

Bottlenecks at major container ports on the US east coast have entailed that Maersk vessels are affected by delays of up to three weeks. It’s a combination of congestion, many ships, and a lack of container space, Maersk says.

Further reading

Related articles

Latest news

See all jobs