DONG Company News

Recent Articles

Results 50 articles shown

European Oil Majors Seek To Harness US Offshore Wind
Tuesday, August 01, 2017Some European oil majors have made inroads into the emerging US offshore wind energy market.

Billionaire Ratcliffe Hunts Oil to Repeat Chemicals Empire Build
Wednesday, May 24, 2017The deal to buy assets from Dong Energy A/S for more than $1 billion follows the purchase of a pipeline system from BP Plc that carries crude used to price more than half the world's oil.

NPD Grants Consent for the Expansion of Nyhamna Gas Plant
Friday, February 10, 2017The Norwegian Petroleum Directorate grants consent for the expansion of the gas plant at Nyhamna, which will allow the Ormen Lange field in the Norwegian Sea to increase production.

Faroe Completes Acquisition of DONG North Sea Asset Interests
Wednesday, December 07, 2016Faroe Petroleum completes its acquisition of interests in 5 Norwegian North Sea producing oil and gas fields from DONG E&P Norge AS.

Subsidy-Reliant Offshore Wind Steals Skills, Ideas From Big Oil
Wednesday, November 16, 2016The offshore wind and offshore oil and gas sectors have much in common.

Denmark's DONG Energy To Get Out Of Oil, Gas Business
Tuesday, November 08, 2016Danish energy group DONG Energy plans to quit oil and gas to focus solely on offshore wind power, adding to the billions of dollars of North Sea assets currently up for sale.

DONG Energy Looks at Shedding Oil, Gas in Strategy Rethink
Wednesday, October 26, 2016DONG Energy is looking at whether to jettison its oil and gas business, which it says will not form part of its long-term strategy as it shifts to wind power.

DONG Energy Disappoints With First Results Since IPO
Thursday, August 04, 2016DONG Energy's maiden results as a listed company failed to live up to market expectations due to low wind levels and weak oil and power prices, sending its shares down by as much as 4.2%.

Denmark Issues 16 Oil, Gas Licenses
Wednesday, April 06, 2016Denmark issues 16 oil and gas exploration licenses in the North Sea, just days after A.P. Moller-Maersk threatens to shut down the country's main gas field.

DONG Energy Terminates Hejre Project EPC Contract
Tuesday, March 29, 2016DONG Energy terminates the EPC contract for the Hejre project with immediate effect, after the company claimed the supplier consortium failed to meet its contractual commitments.

DONG Energy to Slash a Third of Jobs at Oil Unit ahead of IPO
Monday, February 29, 2016Denmark's Dong Energy plans to cut around 280 jobs at its oil and gas business by the end of March.

DONG Confirms Early Shutdown of Oselvar Field, Offshore Norway
Tuesday, February 23, 2016Denmark's DONG Energy says it is to close down production at its Oselvar field, offshore Norway, much earlier than planned.

Dong Energy Expects Positive Cash Flow from Oil, Gas in 2017
Thursday, February 04, 2016Denmark's Dong Energy confirms plans to press ahead with an IPO, saying it expects positive cash flow from its struggling oil and gas division in 2017.

DONG to Keep Oil Unit In IPO, Takes $2.32B Writedown
Tuesday, January 26, 2016Dong Energy will keep its oil and gas unit as part of its anticipated initial public offering.

Maersk Giant Rig Wins North Sea Work with DONG Energy
Monday, August 10, 2015Maersk drilling secures a 150-day contract for its Maersk Giant rig with DONG Energy.

Denmark's DONG Books $1B in Impairments on Low Oil Prices
Thursday, February 05, 2015Denmark's DONG Energy posts a larger net loss for 2014 than for the previous year as lower prices hit the value of its oil and gas fields.

Xana Well Spuds Offshore Denmark
Tuesday, December 09, 2014Noreco Energy reports that drilling is underway on the Xana exploration well offshore Denmark.

NPD: Norway's Ormen Lange Appraisal Well Does Not Change Resource Estimate
Friday, November 14, 2014Shell drilled an appraisal well on its Ormen Lange gas field in Norway and though it hit a large gas column, there is no basis to change the recoverable resource estimate, the Norwegian Petroleum Directorate says.

DONG Energy Gets $2B Capital Boost from Goldman Sachs, Funds
Wednesday, October 02, 2013DONG Energy says funds managed by Goldman Sachs and two Danish pension funds will invest $2 billion in the group in return for new shares.

Maersk Wins Rig Contract for Danish Drilling
Tuesday, July 09, 2013Maersk Drilling wins a $58 million nine-month contract with DONG Energy to use its Maersk Resolve rig for drilling in the Danish North Sea.

The Danish North Sea: Still Thriving
Friday, May 24, 2013As Denmark prepares for its 7th Licensing Round, Rigzone takes a look at the often-overlooked Danish oil and gas sector.

NPD: New Oil and Gas Discovery in North Sea
Tuesday, March 05, 2013DONG E&P Norge discovers up to 16.8 million barrels of oil equivalent south of the Trym field.

PSA Grants Dong Approval to Explore PL 289
Wednesday, January 02, 2013Dong E&P Norge AS receives consent to conduct exploration drilling in block 3/7.

Oselvar Production Resumes after Ula Leak Incident
Monday, November 26, 2012Noreco says production has resumed at the Dong-operated Oselvar field in the North Sea after the Ula leak in September.

Talisman Norwegian Well Comes Up Dry
Friday, November 16, 2012Talisman Energy's wildcat well 16/10-5 in the Norwegian North Sea has come up dry.

Dong Banks on E&P after Job Losses
Thursday, November 01, 2012Dong Energy says it sees great potential in exploration and production after a poor performance in its downstream business means it has to fire up to 600 workers.

DONG CEO Eldrup to Resign
Monday, March 12, 2012Anders Eldrup will resign from his role as CEO of DONG Energy.

DONG Seeks University Help for Energy Future
Friday, March 09, 2012Representatives of 12 universities from all over the world flew to Copenhagen to wrestle one of the hardest questions of the day: How can DONG Energy lead the next revolution in the energy sector?

Dong to Use Subsea Facility, Pipeline at Oselvar Field
Wednesday, February 29, 2012Dong E&P Norge AS has received consent to use a subsea facility and pipeline on the Oselvar field.

Technip Wins Field Development Contract in Danish North Sea
Tuesday, February 28, 2012Technip is partnering with Daewoo Shipbuilding & Marine Engineering to service the Hejre field development project.

Noreco Sells Siri to Dong for $13M
Friday, December 23, 2011Noreco completes the sale of its interests in the Siri field to DONG Energy for $13 million.

DONG Wraps Up Drilling Ops at Zapffe Prospect
Friday, November 18, 2011Valiant announced that drilling operations have completed on the Zapffe exploration prospect, located in PL518 in the Norwegian Barents Sea.

Dong Granted Drilling Permit in Barents Sea
Friday, October 21, 2011NPD has granted Dong a drilling permit for well 7121/9-1 using semisub Aker Barents.

DONG Spuds Zapffe Well in Barents Sea
Monday, October 17, 2011Drilling operations have commenced on the Zapffe exploration prospect (Valiant, 10%), located in PL518 in the Norwegian Barents Sea.

DONG Energy to Take Stake in Siri Field
Monday, July 25, 2011DONG Energy and its license partner Noreco have settled on an agreement for DONG Energy to acquire Noreco's 50% interest in the Siri field.

Noreco in Dispute with Dong over $400MM Siri Repairs
Wednesday, June 15, 2011Noreco said it is in dispute with Dong Energy over a $400MM repair bill for a jointly owned oil rig in the Danish North Sea.

DONG Sells Stake in North Sea Licenses
Tuesday, August 24, 2010DONG has sold 15% of the Svane and Solsort licenses (4/98 and 3/09) in the Danish sector of the North Sea to VNG Danmark.

DONG, Iberdrola Seal LNG Deal
Thursday, August 12, 2010DONG Energy and Iberdrola have signed the detailed supply agreement - for Iberdrola to deliver LNG (Liquefied Natural Gas).

Marulk Field Gets Norwegian Nod for Development
Tuesday, August 10, 2010The Norwegian authorities' has approved the development plan for the Norwegian gas field Marulk.

Dong to Carry Out Production Drilling at Trym Field
Tuesday, July 20, 2010The Petroleum Safety Authority Norway (PSA) has given Dong consent to carry out production drilling on the Trym field.

DONG Earmarks $649MM to Develop Marulk Field
Wednesday, July 14, 2010DONG has agreed a development plan for the Norwegian gas field Marulk, in which it has a 30% stake.

DONG Energy Signs Credit Facility
Wednesday, May 26, 2010DONG Energy has signed a 5-year revolving credit facility of EUR 750. million

Iberdrola to Supply LNG to DONG Energy from 2011
Wednesday, March 17, 2010DONG Energy and the Spanish company Iberdrola have signed the commercial terms for Iberdrola to deliver LNG, corresponding to about 1 billion m3 of natural gas per year to DONG Energy from the end of 2011.

Total Spearheads $3.8B Project Offshore UK
Wednesday, March 17, 2010Total has launched the $3.8 billion development of the Laggan and Tormore gas fields in the offshore frontier region of the West of Shetland.

DONG Energy Briefs 2009 Financial Results
Thursday, March 11, 2010DONG Energy succeeded in maintaining strong cash flows from operating activities for the year ended December 31, 2009.

FMC Reels in Subsea Contract for Eni's Marulk Field
Tuesday, March 09, 2010FMC Technologies has signed an agreement with Statoil for the manufacture and supply of subsea production equipment to support the Marulk field, located in the Norwegian Sea.

DONG Turns on Taps at Offshore Danish Field
Thursday, February 25, 2010Dong has started up production from the Nini East field in the Danish sector of the North Sea.

Norway Trims Shell's Ormen Lange Reserves by 25%
Wednesday, February 24, 2010The Norwegian Petroleum Directorate downgraded total reserves at the Ormen Lange gas field by nearly a quarter following Shell's 'disappointing' appraisal wells on the northern portion of the field.

Total Spearheads Remote UK North Sea Frontier
Friday, February 12, 2010Total will go ahead with the development of two gas fields in a remote area of the UK North Sea that is the country's last big untapped hydrocarbon basin.

Dong Energy Closes Sale of Shares in Swedegas AB
Thursday, February 04, 2010As announced in December 2009, DONG Energy and the other owners of Swedish gas transmission company Swedegas AB have decided to sell their shares in the company to EQT Infrastructure Fund.