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The partners in DUC are entering into a CCS partnership with Ørsted and DTU regarding Project Bifrost.
Nordsøfondens and Nordsøenhedens Annual Report 2020
A broad majority of the Danish Parliament has made an agreement, which provides a clear framework for the oil and gas industry.
Due to the global pandemic DUC postpones the date for production start from the redeveloped Tyra field.
In 2019, Nordsøfonden transferred dividend plus taxes paid generated a cash flow at a total of DKK 1.2 billion to the Danish Treasury.
Nordsøfonden has signed an agreement to sell a share of Nordsøfonden’s gas production to Shell Energy Europe
Nordsøfonden welcomes the Norwegian oil and gas company Noreco as new partner in Danish Underground Consortium (DUC).
In 2018, Nordsøfonden paid taxes and transferred dividends resulting in a cash flow of DKK 2.4 billion to the Treasury. This is stated in the Annual Reports.
Nordsøfonden initiates the gas sales process for the Tyra field rebuild period (September 2019 – expected June 2022)
Operator Deutsche Erdoel AG has in cooperation with Dyas ApS and Nordsøfonden started preparations for the exploration well Vibe-1 in licence 9/16.