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Nordsøfonden

Description

Nordsøfonden is an oil and gas company that, on behalf of the Danish state, is a partner with 20 per cent in all licences granted since 2005 and in the Danish Underground Consortium (DUC).

Nordsøfonden is owned by the Danish state reprecented by the Minister of Industry, Business and Financial Affairs and is a public fund. Nordsøfonden is administered by Nordsøenheden, which is an independent public company.

Nordsøfonden is involved in all major decisions concerning the individual licences and participates on equal terms and with equal rights and obligations as other commercial oil and gas companies. The goal is to optimise the value of the oil and gas activities for the Danish society. 

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