EnergyWatch

Changing North Sea players place greater demands on the state's oil company

All major oil companies in the Danish share of the North Sea will soon have changed ownership. Nordsøfonden, the Danish state-owned oil and gas company, will now strive more to set the agenda at the partners' meetings.

Photo: Maersk Oil

A large share of oil fields in the Danish North Sea have changed owners in recent years. In response, Nordsøfonden – the Danish state-owned oil and gas company managing the state's participation in the majority of the licenses in the Danish area – will spring into action. 

"Depending on how things fall into place, the overall player picture will be different. It will put some other demands on us. Different types of companies may have different views on oil and gas extraction," says Birgitta Jacobsen, CEO of Nordsøfonden.

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