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July 29, 2015 10:35 AM ET

Oil, Gas and Consumable Fuels

Company Overview of DONG Energy AS

Company Overview

DONG Energy A/S, together with its subsidiaries, engages in procuring, producing, distributing, and trading in energy and related products in Northern Europe. The company's Exploration and Production segment is involved in the exploration and production of oil and gas in Denmark, Norway, the United Kingdom, the Faroe Islands, and Greenland; and has an ownership interest in the Gassled gas pipeline network connecting the Norwegian fields with the European continent and the United Kingdom. Its Wind Power segment develops, constructs, and operates wind farms in Denmark, the United Kingdom, Germany, and the Netherlands. The company's Thermal Power segment generates and sells electricity and heat...

Kraftværksvej 53 - Skærbæk

Fredericia,  7000

Denmark

Founded in 1972

6,563 Employees

Phone:

45 99 55 11 11

Fax:

45 99 55 00 11

Key Executives for DONG Energy AS

Chief Executive Officer, President and Member of Executive Board
Age: 48
Chief Financial Officer, Executive Vice President and Member of Executive Board
Age: 50
Group Executive Vice President and Chief Executive Officer of Exploration & Production
Age: 53
Executive Vice President
Age: 49
Executive Vice President of Wind Power
Age: 45
Compensation as of Fiscal Year 2015.

DONG Energy AS Key Developments

DONG Energy A/S Announces Opening of Westermost Rough Offshore Wind Farm in North Sea, England

DONG Energy A/S has announced the opening of Westermost Rough, an offshore wind farm 8km north east of Withernsea off the Holderness coast, in the North Sea, England. Westermost Rough is the first offshore wind farm in the world to make commercial use of giant Siemens 6MW turbines with 75 metre blades. Westermost Rough is capable of generating up to 210 MW of electricity. Over 900 people were involved in the offshore construction of the wind farm and up to 100 staff from DONG Energy and its partners will be based in the purpose-built Operations & Maintenance base in Grimsby's Royal Dock. Capable of meeting the electricity demand of well over 150,000 homes, the wind farm, is a joint venture between DONG Energy (50%) and its partners Marubeni Corporation (25%) and the UK Green Investment Bank plc (25%).

Dong Energy to Establish Operational Hub at Able Marine Energy Park in UK

Dong Energy has signed a memorandum of understanding with Able UK to launch an operational hub at the Able Marine Energy Park (AMEP) in the Humber Estuary, UK. Under the MoU, Able and Dong Energy will work closely to progress significant development plans. Planned to be built at Killingholme, near Immingham, North East Lincolnshire, the proposed facility will be used to support the construction and installation of offshore wind farms. The 800-acre energy park comprises facilities, including quays designed to meet the needs of the industry, and is expected to create 4,000 jobs.

DONG Energy to Build Race Bank Offshore Wind Farm in the UK

DONG Energy has decided to construct Race Bank Offshore Wind Farm, located in the Greater Wash area, approximately 27 km off the east coast of Britain. Race Bank will have a capacity of up to approx. 580MW and is expected to be fully commissioned in 2018. The wind farm will be constructed and operate under the UK's ROC scheme (1.8 ROC).

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