The Danish Energy Agency (DEA) has opened a mini-tender round for interested oil and gas companies to apply for a licence for a new oil and gas concession in the Danish sector of the North Sea. The area offered for licensing is located within the Central Graben, covering ~160 km² comprising the Elly-Luke discoveries. The Elly-Luke area is located in blocks 5504/6 and 5504/10 and the reservoir is under high pressure and temperature (HP/HT) with primarily gas and a smaller proportion of condensate resources. The reason behind the launch of the mini-round is that the DEA has received an unsolicited application in the area from BlueNord (ex-Noreco). On this basis, the Minister for Climate, Energy and Utilities has made the decision to launch the mini-tendering round. Danish national oil and gas company Nordsøfonden participates on behalf of the state in the new concession with a share of 20% and the oil companies with 80%. The award of a concession is decided on the basis of criteria such as technical and financial capacity, which work program the applicant offers to carry out and the time frame for this. The deadline for applications is 15 October 2023 and the licences are expected to be granted about three months after the deadline.

KeyFacts Energy Industry Directory: Danish Energy Agency