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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter June 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Will Maersk Line acquire HMM

There are rumours among observers that the  market leader Maersk Line is planning to acquire South Korea’s shipping major Hyundai Merchant Marine (HMM).   Neither

Winners of International Seafarers' Welfare Awards

The winners of ISWAN's International Seafarers' Welfare Awards 2016 were announced on 24th June at a high-profile ceremony held in Manila, the Philippines. The

Traffic Separation Schemes off Western Australia

On 1 December 2016 two new Traffic Separation Schemes (TSS) will come into effect off the south-west coast of Western Australia. Australia’s proposal to establish

Offshore

POSH Bags Shell FLNG Contract

Singapore’s offshore marine services provider PACC Offshore Services Holdings Ltd. (POSH) has been awarded a contract to support Shell’s Prelude floating liquefied

US Oil Drillers Cut Rigs after 3 Weeks of Additions

U.S. oil drillers cut rigs this week for a 20th week this year after three weeks of additions, according to a closely followed report on Friday, as crude prices

Subsea 7 Announces PLSV Swap off Brazil

Subsea 7 S.A. said it has reached an agreement with Petrobras to substitute a pipelay support vessel (PLSV) working off Brazil.   The agreement will see the Subsea-7-owned

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Navigation Offshore Oil Port Authority Ship Electronics Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | 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: 0.0778 sec (13 req/sec)