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Page added on December 5, 2020

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Denmark to End North Sea Oil Production

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Denmark, the European Union’s biggest oil producer, will stop offering new licenses in the North Sea and phase out production altogether in 2050 as it takes an historic step toward a fossil-fuel free future.

Climate and Energy Minister Dan Jorgensen told reporters in Copenhagen that he expects the decision to “resonate around the world.”

The Social Democrat government reached an agreement with a majority in the parliament late on Thursday. The deal means a planned 8th licensing round will be abandoned, as will all future exploration, Jorgensen said. About 150 million barrels of oil and equivalents that would have been drilled by 2050 will remain beneath the ocean’s surface.

“We hope this can inspire others,” Jorgensen said in a phone interview on Friday. “We’re the first country with a meaningful production to take such a step. The idea is that others will look at us and say, ‘if Denmark can do it, so can we.”’

For oil and gas companies currently operating in Danish waters, terms and conditions will remain unchanged until production stops in 2050. The decision will cost Denmark about 13 billion kroner ($2.1 billion), according to estimates by the energy ministry.

Greenpeace

Denmark’s decision was cheered by environmentalists. “This is what climate leadership looks like,” said Mel Evans, senior climate campaigner for Greenpeace in the U.K. He said he hoped the U.K. would “take note.”

“To recover from this pandemic and to future-proof our economy, we must transform the North Sea into a renewables-only energy industry that creates jobs for workers and powers the U.K. with clean, affordable energy,” Evans said.

Denmark’s history in the North Sea goes back about six decades. The government at the time gave A.P. Moller-Maersk A/S exclusive exploration and drilling rights, which the company then shared with a handful of oil majors including Royal Dutch Shell Plc and Chevron Corp.

In 2017, Maersk agreed to sell its oil and gas business to Total SE, and the Danish company — the world’s biggest freight carrier — now focuses on transport.

For Denmark, the decision to end its North Sea exploration fits into an agenda that has made protecting the climate a priority. The country targets cutting carbon emissions by 70% in 2030, compared with 1990 levels.

Jorgensen pointed to Europe’s desire to be carbon neutral by 2050, “which means it needs to end its reliance on fossil fuels.”

“It’s my clear impression that this development will speed up,” he said.

RIGZONE



30 Comments on "Denmark to End North Sea Oil Production"

  1. A rarely sober Jean Claude Juncker on Sat, 5th Dec 2020 1:53 pm 

    Great reset perhaps. Force European people to buy all their plastics from some 3rd world Sithole instead?

    discuss

  2. Ministry of truth on Sat, 5th Dec 2020 1:56 pm 

    Exactly, offshoring production is not being ‘greener’.
    More delusional behaviour of the western left before they rush out the door to buy the new iPhone19 all wrapped in new shiny plastics.

  3. oddone on Sun, 6th Dec 2020 4:38 am 

    A symbolic policy, as there is no more oil offshore Denmark. Just some ageing oil fields that will continue production as long as it makes economic sense.

  4. print baby print on Sun, 6th Dec 2020 5:08 am 

    2050 are they fucking kidding with us ?

  5. zero juan on Sun, 6th Dec 2020 5:24 am 

    Ppeee juan is up:

    print baby print said 2050 are they fucking kidding with us ?

    print baby print said Did anybody hear for Peak Oil. Hahahahha. Cow manu…

  6. Cloggie on Sun, 6th Dec 2020 6:55 am 

    Denmark has so much renewable electricity (almost 40%) with a price below 1.5 cent/kWh, that it should be used for the production of hydrogen:

    https://deepresource.wordpress.com/2020/12/06/amount-of-hours-with-electricity-price-1-5-cent/

  7. Cloggie on Mon, 7th Dec 2020 3:12 am 

    Screw, don’t ram! GDP – Gentle Driving of Piles

    https://deepresource.wordpress.com/2020/12/07/offshore-windturbine-monopiles-gdp-screw-dont-ram/

    “Offshore Windturbine Monopiles GDP – Screw, don’t Ram”

  8. print baby print on Mon, 7th Dec 2020 1:43 pm 

    Cloggie good work I hope you will succeed to keep sheeple in the dark

  9. DT on Tue, 8th Dec 2020 1:26 am 

    Hydrogen the energy source that never was. https://www.quora.com/Why-don%E2%80%99t-we-use-hydrogen-as-fuel

  10. DT on Tue, 8th Dec 2020 2:08 am 

    https://www.youtube.com/watch?v=kvFG543mlK8

  11. Cloggie on Tue, 8th Dec 2020 4:02 am 

    Hydrogen the energy source that never was. https://www.quora.com/Why-don%E2%80%99t-we-use-hydrogen-as-fuel

    DT again with his shallow one-liners.

    Don’t forget to read an article if you want to post it.

    Only kids like you think that hydrogen is an “energy source”, it isn’t. It’s a STORAGE medium.

    The article DT posts ends with:

    OK, so does that mean hydrogen is not useful as a fuel? NO.

    Hydrogen as a gas or as a liquid is a terrible fuel. But, in many cases there are situations where hydrogen can be generated: in the case of Magnesium hydride, storing the hydrogen as another compound; or adhered onto the surface of a metal like platinum, or some other solution such as silica zeolites or carbon particles.

    Hydrogen can also be produced as an intermediate- when using methanol in fuel cells, for example, the net reaction involved is analogous to combustion but happens electrochemically.

    He is almost there, if he would replace magnesium hydride with sodium borohydride, currently the most promising form of hydrogen storage:

    https://deepresource.wordpress.com/?s=sodium+borohydride

    But then again, North-Americans like DT are satisfied if they think they have proven that something WON’T work.

    DT’s North-America: evolutionary dead end. More interested in destroying themselves through massive third world immigration and embracing the “standards” that come with these imported people, rather than giving problems a good thought and come up with solutions and implement them. Is too much effort.

    Good night DT, enjoy your “world made by hand”:

    https://2050.earth/artworks/the-world-made-by-hand-a-time-out-from-human-progress

  12. DT on Tue, 8th Dec 2020 9:27 am 

    Maybe tomorrow, next week, or month you will wake up to the laws of thermodynamics. Cloggie.

  13. Cloggie on Tue, 8th Dec 2020 9:56 am 

    Please explain DT what the laws of thermodynamics have got to do with my and “my fellow Eurasians” idea that a 100% renewable energy base can work and support a fairly comfortable mode of living?

    https://en.wikipedia.org/wiki/Laws_of_thermodynamics

    The time that energy topics kept me awake at night, are long behind me.

  14. DT on Tue, 8th Dec 2020 12:20 pm 

    cloggie if you do not get it by now you most likely will stay ignorant.

  15. zero juan on Tue, 8th Dec 2020 12:24 pm 

    DT is a well know juanPpeee sock. Fuck juanP

    DT said cloggie if you do not get it by now you most likel..

  16. Cloggie on Tue, 8th Dec 2020 1:13 pm 

    “cloggie if you do not get it by now you most likely will stay ignorant.“

    You have no arguments or a clue what the laws of thermodynamics even are.

  17. Davy on Tue, 8th Dec 2020 2:27 pm 

    You have no arguments or a clue what the laws of thermodynamics even are.

    Exactly like you cloggo. Sounds like you and DT have more in common that you would like to beleive.

  18. zero juan on Tue, 8th Dec 2020 2:34 pm 

    The above comment was dumbfuck Ppeeee.

  19. FamousDrScanlon on Tue, 8th Dec 2020 3:01 pm 

    clog you are the science & reality denier.

    A fantasist cherry picker.

    Hydrogen wonder economy is on clogs list of future revolutions….next week again….just you wait-N-see mister.

    When it don’t happen you can blame the ‘Great Reset’ like millions of other white folk deniers do.

    The ‘Great Reset’ serves as a one stop shopping denial card.

    Overshoot consequences, including & especially white folks economic fall from grace, can all be blamed on the ‘Great Reset’.

    Y’all can & are pretending everything was awesome & the future never looked brighter until the ‘Great Reset’ came along and destroyed your utopia.

    The ‘Great Reset’ is the mother of all Overshoot denial cards.

    It allows y’all to continue to play victim & pass off your ever shitter & impoverished lives onto the evil cabal.

    Ironically, the pathetic fumbling of the elites might buy y’all a few more years of struggling & denying that the limits to growth has been bitch slapping you for the last 2 decades.

    Obviously, you’ve been more resilient to our ever worsening Overshoot consequences than many others.

    If you’re still here it means you have not joined the growing list of white ‘Deaths of Despair’ AKA, Overshoot’s collateral damage.

    Not yet, but don’t worry. Supply lines for asswipe, pharmaceuticals & gadgets may get throttled, but fentanyl will be abundant until Doomsday.

  20. FamousDrScanlon on Tue, 8th Dec 2020 3:04 pm 

    “Denmark’s decision was cheered by environmentalists. “This is what climate leadership looks like,”

    No

    This is what making a virtue of necessity looks like.

  21. zero juan on Tue, 8th Dec 2020 3:21 pm 

    Ppeee you are not famous and not a dr. You re stupid and a piece of shit. Most people hate you.

    FamousDrScanlon said “Denmark’s decision was cheered by environme…

    FamousDrScanlon said clog you are the science & reality denier. A f…

  22. zero juan on Tue, 8th Dec 2020 3:22 pm 

    BTW, Ppeee, mousepad said he doesn’t care if he is on your stupid ignore list. Pretty soon the whole board will be on your ignore list. Maybe you should reflect on why so many people are on your stupid pussy list. You really are a coward and a low life.

  23. zero juan on Tue, 8th Dec 2020 3:28 pm 

    Ppeee, I responded to your mousepad comment if you would like to check on it.

  24. JuanP on Tue, 8th Dec 2020 4:17 pm 

    Davy, your reply was deleted by the moderators, as was mousepad’s. Keep up the good work. I now intend to get you expelled from the moderated forums. You can’t win this fight, Davy. You should as it that you are a loser and quit while you still can.

  25. Duncan Idaho on Tue, 8th Dec 2020 5:10 pm 

    The Attorney General of Texas is a a corrupt wingnut.

    (self defining)

    https://digbysblog.net/2020/12/bucking-for-one-of-those-christmas-pardons/

  26. zero juan on Tue, 8th Dec 2020 5:15 pm 

    Ppeee, who cares, stupid. This is just an obscure forum. Why do you take it so seriously? BTW, I thought I was on your ignore list. LMFAO. You are just a low life with no friends or family so you come here looking for a life. I am enjoying so much trashing you. You are paying a price for fucking with the wrong dude!

    Davy, your reply was deleted by the moderators, as was mousepad’s. Keep up the good work. I now intend to get you expelled from the moderated forums. You can’t win this fight, Davy. You should as it that you are a loser and quit while you still can.

  27. FamousDrScanlon on Tue, 8th Dec 2020 5:19 pm 

    “The Attorney General of Texas is a a corrupt wingnut.”

    Duncan, SHTF for you lying cheating dimocrates. You deserve it.

  28. JuanP on Tue, 8th Dec 2020 5:31 pm 

    Delusional Davy “Ppeee, who cares, stupid. This is just an obscure forum.”

    Why do you waste every minute of every day here then, Exceptionalist? Don’t you have some goats to fuck you in your daddy’s imaginary farm?

  29. JuanP on Tue, 8th Dec 2020 5:33 pm 

    I am wiping this forum with your dirty, stinking, goat fucked asshole, Exceptionalist, and I am loving it! ROFLMFAO!

  30. Duncan Idaho on Tue, 8th Dec 2020 5:54 pm 

    Why Bill Barr will go down as the second-biggest loser of the Fat Boy era

    https://www.alternet.org/2020/12/bill-barr-2649421148/

    Where do they find these scumbags?

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