DONG Energy, Fredericia, Denmark, expects to sell its oil and gas exploration and production business by yearend.
The company reported 115,000 boe/d of oil and gas production in 2015—90% in Norway and 10% in Denmark.
In a financial report, the company said its full-year 2016 statements will treat its oil and gas segment as “discontinuing operations.”
DONG’s other activities are wind power and Danish utility businesses.