Denmark: DONG wants to buy NESA

Article Abstract:

State-owned DONG is keen on buying NESA, the biggest electricity company in Denmark, according to Borsen, the Danish finance daily, as a result of the fundamental structural changes anticipated in the wake of the Right-wing election victory in the country. The government has announced that it aims to privatise DONG but this will take place in four years' time.

Electric Utilities, Electric Power Generation, Transmission and Distribution, Electric services, Nesa A/S

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DENMARK: DONG TO ACQUIRE DANOP

Article Abstract:

Dansk Olie og Naturgas (DONG), the state-owned Danish oil and gas company, will increase its its stake in Danop, the offshore operator, to 100% from 50%. So far, Danish industries have owned 50% of Danop through the joint venture Denerco, but Denerco will from now on concentrate on oil prospecting and acquisitions.

Gas Utilities, Natural Gas Distribution, Petroleum, Petroleum and Coal Products Manufacturing

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Denmark: Dong increases share of Siri field

Article Abstract:

State-owned Danish oil and gas company Dong and Denerco Oil, owned by several Danish companies, have increased their shares of the Danish oil field Siri. Both companies have acquired 3.6% of Phillips Petroleum's share. After the acquisition Dong owns 23.6% of the Siri license, while Denerco Oil owns 11.1%.

United States, Oil Products, Petroleum Refineries, Crude Petroleum, Petroleum refining, Petroleum products, P, Phillips Petroleum Co. (Bartlesville, Oklahoma), Denerco Oil

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