Danish authorities have approved an application from Hess and partners Dong E&P and Danoil to extend licence 7/89 by 20 years from the previous expiry in 2027.
The extension will allow the South Arne owners to make long-term investments in the North Sea chalk field, “securing the greatest possible revenues for the state and creating growth and activity in Danish society,” the Danish Energy Agency (DEA) said.
The
