Huge North Sea gas field threatened by sinking seabed
A dark prospect now looms over the country of Denmark, which is at risk of losing income worth billions from the North Sea as well as future production corresponding to 300 million barrels of oil with a current trading value of approximately USD 10.7 billion. The root of this danger is that DUC within the next year must choose between making investments of more than USD 4.3 billion or closing Denmark's largest gas field.
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.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Maersk vacates one of the oldest rigs in the North Sea
For subscribers
Maersk Oil targets increased growth in the North Sea
For subscribers
Maersk secures bigger share in Sverdrup field
For subscribers