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.

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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.

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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%.

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