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Oil and gas group forms in Greenland

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11/06/2009

By OGJ editors
HOUSTON, Nov. 6
-- Responding to “a continuously increasing focus on the possibilities for oil and gas production in Greenland,” seven operators have formed a trade association anticipating industry development in the country.

Founding members of the Greenland Oil Industry Association are DONG E&P Greenland AS, Esso Exploration Greenland Ltd., Chevron Greenland Exploration AS, Husky Oil Operations Ltd., Capricorn Greenland Exploration Ltd. (a subsidiary of Cairn Energy PLC), PA Resources AB, and Nunaoil AS.

All the companies have interests in exploration licenses off western and southern Greenland (see map, OGJ, Aug. 24, 2009, p. 38). At present, Greenland produces no oil or gas.

In a press statement, DONG Energy said members of the group will pursue safety and environmental stewardship, knowledge sharing, public and governmental communications, and development of a competitive industry.

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