Oil Industry Association emerges in Greenland, DONG Energy

Release Date: 2009-11-06

A continuously increasing focus on the possibilities for oil and gas production in Greenland has increased the need for a common forum for the industry. Now the formation of the Greenland Oil Industry Association (GOIA) is a reality under the chairmanship of Arne Rosenkrands of DONG Energy and with Ian Watt of Cairn Energy as vice chairman

The seven founders of the association are companies holding exploration licences offshore Greenland – DONG E&P Grønland A/S, Esso Exploration Greenland Ltd, Chevron Greenland Exploration A/S, Husky Oil Operations Ltd, Capricorn Greenland Exploration Ltd. (Cairn Energy PLC), PA Resources AB and Nunaoil A/S.

Mr Rosenkrands and Mr Watt will meet with the Greenland authorities in November, on behalf of the GOIA partners.

“With the increased focus on Greenland as a potential oil and gas province, the energy companies present in Greenland have been in dialogue on the need for a common approach to several issues. We are confident that the GOIA will make a solid contribution to the successful development of the industry in Greenland”, Mr Rosenkrands said.

Type:	NORMAL
Company:	DONG Energy
Country:	Denmark