Nordsøfonden is the Danish state’s oil and gas company. We produce oil and gas, thus helping to assure supplies of energy and raw materials and to generate income for the state coffers.
Nordsøfonden is the Danish state’s oil company, tasked with handling state participation in licences in the Danish area of the North Sea. We produce oil and gas, thus helping to assure supplies of energy and raw materials and to generate income for the state coffers.
Our task is to generate value by making the best possible use of the resources at our disposal. The assignment is defined at political level, and we tackle it by operating a profitable business and promoting long-term production of oil and gas from the Danish part of the North Sea.
Find out more about our assignment
We have a responsibility to ensure that our activities as a whole benefit society, and that we manage our assignment in an ethical and responsible manner
For decades now, the production of oil and gas has made Danish society more affluent and contributed to the development of our welfare. The ultimate objective is a fossil-free society, but Denmark still needs oil and gas during the transition phase
Nordsøfonden is a partner in the Danish Underground Consortium (DUC), which was responsible for almost 90 % of Danish production of oil and gas in 2019
We all have a share in the oil and gas resources, which should be used to benefit Danish society.