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SPECIAL: OUTLOOK 2018

BY JENS NØRGAARD

2018: BRIGHT FUTURE AHEAD FOR THE NORTH SEA The future shines bright for offshore activities in the North Sea Basin! The CEO of the cluster organization Offshoreenergy.dk, located in the city of Esbjerg in Jutland, Glenda Napier, is very optimistic in her speech, as she states: We are getting ready for some major changes in the coming year! Oil and gas exploration and production is being stabilized and wind offshore is continuing to grow. French company Total is a new operator and has purchased Maersk Oil, and with new companies in the field, more activity is happening, which certainly can be beneficial for Danish subcontractors.

D

espite admonitions, in regards to The North Sea’s former global attractiveness - now that American company Hess is leaving Danish soil in 2018 in the same fashion as Dong Energy and Maersk Oil - Glenda Napier’s spirit is far from broken, as she remains optimistic about the future of the North Sea.

danish maritime magazine

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Totals takeover of Maersk Oils activities should be considered a perk, since it has led to expansion and renovation of the gas condensate field Tyrefeltet. The field was founded in 1968 and put into operation in 1984. The investments so far are estimated to be 33,9 billion Danish Kroner.

DAILY NEWS ON WWW.MARITIMEDENMARK.DK

The selling process of American company Hess has started and is expected to be completed in the course of 2018. The company expects to be able to sell their stakes in Denmark. Hess owns a share of 61,5 percentage of the oil and gas field Syd Arne.

Dmm 1 18  

Danish Shipping Industry - Facts and Figures: In 2017, the Danish fleet has grown considerably and reached an all-time high when measured by...

Dmm 1 18  

Danish Shipping Industry - Facts and Figures: In 2017, the Danish fleet has grown considerably and reached an all-time high when measured by...