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Denmark Overview

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USA lays out plan for 12 offshore wind auctions over five years
NEWS
USA - April 24, 2024

The US government has unveiled plans for 12 offshore wind auctions over the coming five years, including four by end-2024.

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TotalEnergies restarts gas production from Denmark hub
NEWS
Denmark - March 22, 2024

TotalEnergies has restored Denmark's status as a net exporter of natural gas.

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Global shipping giants partner on green fuels
NEWS
Denmark - September 21, 2023

Denmark’s Maersk and France’s CMA CGM have partnered on decarbonising the global shipping industry, the two logistics giants announced on Tuesday.

Efforts will…

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Kuwait’s KPI eyes strategic fuel partnerships TEY_post_Shafi_Taleb_Al_Ajmi
Interview
Kuwait - May 08, 2023

Shafi Taleb Al-Ajmi, president and CEO of Kuwait Petroleum International (KPI), talks to The Energy Year about the company’s strategic operations and the importance…

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Maersk exits the energy segment for $658 mln
NEWS
Denmark - March 21, 2023

A.P. Moller-Maersk has signed an agreement with A.P. Moller Holding to divest the last of its energy-focused subsidiaries for USD 658 million, the Danish logistics…

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The future of Nigeria’s energy sector TEY_post_Adeyemi_Bero
Interview
Nigeria - November 22, 2022

Ademola Adeyemi-Bero, CEO and managing director of FIRST Exploration & Petroleum Development Company (FIRST E&P), talks to The Energy Year about the company’s recent…

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Maersk Oil in massive Tyra investment
NEWS
Denmark - December 01, 2017

Maersk Oil announced on Friday “the largest oil and gas project investment ever made in the Danish North Sea.”

Together with partners from the Danish Underground…

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EU groups report strong figures
NEWS
Multinational - May 11, 2017

Maersk Group of Denmark and Austria’s energy giant OMV on Thursday reported increases in quarterly earnings as higher oil prices billowed the sails of their…

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Shell sells Denmark refining business
NEWS
Denmark - September 16, 2016

Shell reached an agreement to sell its Denmark downstream assets to local player Dansk Olieselskab, the IOC announced on Thursday.

The transaction comprises the…

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Maersk Drilling obtains new jackup
NEWS
Denmark - May 30, 2016

The Maersk Highlander jackup rig was safely delivered to Maersk Drilling by Singapore’s Sembcorp Marine on Monday.

The rig was originally designed for…

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Maersk announces acquisitions search
NEWS
Denmark - November 18, 2015

Maersk Oil announced lookout for new leases, fields or a corporate buy-out as it seeks to consolidate its position in the market during the low oil price period.…

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Dong Energy could hit $11 billion in IPO
NEWS
Denmark - September 21, 2015

An initial public offering (IPO) for Denmark’s Dong Energy could see the company’s valuation reach $11 billion, making the IPO the largest in the country’s…

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Maersk cuts capex $1 billion
NEWS
Denmark - September 09, 2015

Danish multinational operator Maersk said in a Wednesday presentation to shareholders that it was cutting its capital expenditures by $1 billion.

The capex will drop…

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Total ends Danish shale gas venture
NEWS
Denmark - August 18, 2015

Total has shut down its shale gas exploration project in northern Denmark after the hydrocarbons it discovered were too thin to warrant commercial development, the…

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