March 06, 2015 8:16 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, Norway, Sweden, Germany, and the Netherlands. The company's Thermal Power segment generates and sells elec...

Kraftværksvej 53 - Skærbæk

Fredericia,  7000

Denmark

Founded in 1972

6,500 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: 47
Chief Financial Officer, Executive Vice President and Member of Executive Board
Age: 49
Group Executive Vice President and Chief Executive Officer of Exploration & Production
Age: 52
Vice President
Executive Vice President
Age: 48
Compensation as of Fiscal Year 2014.

DONG Energy AS Key Developments

DONG Energy A/S Announces Board Changes

The Nomination Committee of DONG Energy A/S has nominated Lene Skole and Lynda Armstrong as new members to DONG Energy's Board of Directors. Lene Skole is also nominated as the new Deputy Chair. The nomination of Lene Skole as new Deputy Chair is a natural consequence of the current Deputy Chair, Jørn P. Jensen, who will step down from his position and withdraw from the Board of Directors at the annual general meeting on 4 March. Lene Skole has extensive management experience within the financial area, among other things as CFO in Coloplast and most recently as CEO of the Lundbeck Foundation and member of the Boards of Directors of Tryg Forsikring and ALK-Abelló. For several years, Lynda Armstrong has had leading positions at Royal Dutch Shell plc and Armstrong is an independent consultant and member of the Boards of Directors of KAZ Minerals Plc and the Supervisory Board of SBM Offshore N.V as well as Chair of the British Safety Council.

Dong Energy A/S Appoints Martin Barlebo as the New Head of Communications, Effective March 2, 2015

DONG Energy A/S has appointed Martin Barlebo as the new head of communications, effective March 2, 2015. Martin has since 2010 been head of communications in the ALK Abello. Previously, he has for 10 years advised companies and organizations as consultant and partner in Holm Communication and in addition he has four years of experience from the Danish Agency for Trade and Industry.

DONG Energy Mulls To List Before 2018

DONG Energy AS is planning to list before 2018. This emerges from a conditional shareholder agreement. Henrik Poulse, Chief Executive Officer of DONG Energy comments this by saying that there are no legal obstacles to splitting up the company before a listing. Poulsen also points out that the falling oil prices, that have changed the market situation for Dong Energy, will not stop a possible listing.

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