DUC Natural Gas Production Up 6.9%

Friday, April 07, 2000
Danish Underground Consortium`s (DUC) production of natural gas from its North Sea fields increased 6.9 percent year-on-year in March, operator A.P. Moeller said. In the first quarter, DUC's North Sea natural gas production rose 3.6 percent year-on-year to 2.18 billion cubic meters. DUC is responsible for virtually the entire output from Denmark`s North Sea oil and gas fields. Denmark is the fourth-biggest offshore gas producer in western Europe after Norway, Britain and the Netherlands. A.P. Moeller owns 39 percent of DUC. Its two partners, Royal Dutch Shell Group and Texaco own 46 percent and 15 percent respectively. Danish Underground Consortium`s (DUC) North Sea oil production rose 6.1 percent year-on-year in March, operator A.P.Moeller said. Oil production was 1.19 million tons in February, corresponding to an annualized total of 282,001 barrels per day (bpd). In the first quarter, DUC's oil production rose 3.9 percent year-on-year to 3.34 million tons. DUC is responsible for most of the crude oil output from Denmark`s North Sea oil and gas fields. Denmark is the third-biggest producer in western Europe after Norway and Britain.
Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Yara Completes Acquisition of OFD Holding

Yara International ASA has obtained relevant regulatory approvals and closed the acquisition of OFD Holding Inc. (OFD) allowing the integration process to start.

MAN Diesel & Turbo SE takes Dr. Uwe Lauber on Board

Dr. Uwe Lauber (47) has been appointed to the Executive Board of MAN Diesel & Turbo SE effective as of 1 October 2014. Dr. Lauber has worked successfully in

Renewable Energy Department at ClassNK

Chairman and President: Noboru Ueda of ClassNK announced the establishment of a new Renewable Energy Department. This new department which began operations

Offshore

Seismic Cooperation in Barents Sea Gives New Perspectives

Statoil and its partners have completed their joint seismic acquisition project in the south-eastern Barents Sea. New forms of cooperation have ensured resource-efficient acquisition.

Vallianz Acquires OER Holdings for $28m

Vallianz Holdings Limited, a provider of offshore support vessels and integrated marine solutions to the oil and gas industry, has today announced that it is acquiring OER Holdings Pte.

Victaulic Debuts Delta-Y Assembly for Offshore

Victaulic  introduces the Style DLY Delta-Y assembly, a combination of preassembled Victaulic cast grooved fittings, rigid couplings and butterfly valves. The Delta-Y

 
 
Maritime Contracts Maritime Security Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1310 sec (8 req/sec)