Record high interest in the Danish North Sea's oil and gas exploration potential

On expiry of the deadline for submitting applications for oil and gas exploration licenses in the 7th Danish Licensing Round on 20 October 2014, the Danish Energy Authority had received 25 applications.

25 applications is a record high number compared with previous licensing rounds. Further, several of the applicant companies have not previously held licenses in Denmark.

The Danish Energy Authority is now processing the applications, and licenses are expected to be issued at the beginning of 2015.

In Horten Law Firm, we are specialists in oil and gas exploration matters, including license matters, Joint Operating Agreements and offshore service and construction contracts. We have vast experience and expertise in dealing with legal and tax matters faced by E&P companies active in the North Sea. You are most welcome to contact us for more information or advice regarding the 7th Licensing Round. On the phone, in writing or in an informal meeting.

Should you wish to receive the power point slides from our recent seminar with the Danish Energy Agency on the 7th Licensing Round, you are welcome to e-mail or call one of us on the addresses and phone numbers set out below. 

We would also be delighted to welcome you in our 12 November 2014 seminar on Offshore Contracts (in Danish).

contacts

Søren Hornbæk Svendsen

Partner

Christian Tullberg

Partner

Helen Kibsgaard

Senior Attorney