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Billion dollar investment in Syd Arne leads to new oil

After spending billions on new platforms in the expansion of the Syd Arne field, Dong Energy, Hess, and Danoil began extracting the first drops from the underground.

Photo: CARSTEN INGEMANN
BY THOMAS BO CHRISTENSEN, ENERGIWATCH
Published:

In 2010 oil company Hess, along with partners Dong Energy and Danoil, launched an expansion of the North Sea field Syd Arne, and today the companies were able to extract the first drops of oil.

"This is an important milestone for Denmark," says Anders Nymann, CEO of Hess Danmark, an operator, in a press release.

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