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North Sea negotiations put on hold

North Sea negotiations put on hold

11-01-2017 12:00:00

Uncertainty about the Tyra field's future is the reason that protracted negotiations between Maersk and DONG, on Maersk's possible purchase of DONG's oil and gas activities in the North Sea, has been put on hold. Berlingske Business states this.

"There has been an intense dialogue and it may well be that the talks resume. But right now they are put on hold as long as there is so much uncertainty about the Tyra field," says a source who requested anonymity to Berlingske Business.

Until now there has been disagreement about the price that has prevented the two sides from reaching an agreement. The current uncertainty about the Tyra field's future makes it quite impossible to negotiate, which is why contact between the parties according to the newspaper has been interrupted.

DONG Energy has previously announced that the group wants to sell its oil and gas activities in the North Sea, of which the main parts are on the Norwegian shelf.

Source: Berlingske Business / Maritime Denmark

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