Kriegers Flak CGS escapes open power market requirement
The EU exempts Kriegers Flak CGS from a requirement that TSOs say would be impossible to meet. Implementing bidding zones may prevent Denmark's upcoming energy islands from landing in the same gray area, according to Danish TSO Energinet.
Odfjell Drilling beat tough market conditions in offshore to deliver significant growth in earnings in 2020, but the company fears that future financing opportunities are impacted by sliding values and overcapacity.
Denmark's new North Sea energy policy has instilled Wintershall Dea with doubts about its future in the country. The German oil and gas group is currently working to find a solution, says COO Dawn Summers in an interview with EnergyWatch.