- Nunaoil
-
Nunaoil Type state-owned Industry oil and gas industry Founded 1985 Headquarters Nuuk, Greenland Key people Hans Kristian Olsen (MD) Products petroleum
natural gasOwner(s) Government of Greenland
Government of DenmarkWebsite www.nunaoil.gl Nunaoil is the national oil company of Greenland founded in 1985 as an equal partnership between the Greenland Home Rule Government and DONG Energy. It is a non paying partner in all licenses around Greenland.
During the 1990s the company was primarily involved in collecting seismic data as operator of a group of international oil companies in the regions of North East and West Greenland. It then switched its focus to gathering seismic data along the South West coast of Greenland, mapping large potential hydrocarbon trapping accumulations. As of 2000 Nunaoil has stopped acquiring seismic data as there has been sufficient interest by the seismic industry as a whole in undertaking this task.
It has also been involved in the licensing rounds recently off the west coast of Greenland by Baffin Bay where it holds a minimum of 8.5% stake in all the blocks that have been licensed in the recent West Disko round.
In 2006 DONG Energy sold its shares in Nunaoil to the Danish State.[1][2] According to the Act on Greenland Self-Government which came in force on 21 June 2009, the Danish State transferred its stake to the Government of Greenland.[3]
See also
References
- ^ (PDF) Annual Report 2006. Nunaoil. http://www.nunaoil.gl/Portals/0/pdf/NO_Aarsberetning_2006.pdf. Retrieved 2007-12-16.
- ^ (PDF) Annual Report 2006. DONG Energy. Archived from the original on 2007-11-08. http://web.archive.org/web/20071108190104/http://www.dongenergy.com/NR/rdonlyres/5BDF40E7-E5E8-4BEA-B1FD-EEF42276A6C8/0/annual_report_2006.pdf. Retrieved 2010-10-23.
- ^ "The Greenland Self-Government Arrangement". The Prime Minister's Office. http://www.stm.dk/_a_2957.html. Retrieved 2010-12-31.
External links
Companies of Greenland Air Greenland • Arctic Umiaq Line • Atuagkat Bookstore • Bank of Greenland • Brugsen • Diskoline • Great Greenland • Greenland Venture • Kalaallit Nunaata Radioa • KNI • Mittarfeqarfiit • NUNAOIL • Nuuk TV • Nuup Bussii • Pilersuisoq • Pisiffik • Post Greenland • Sermitsiaq • Royal Arctic Line • Royal Greenland • TELE Greenland • Upernavik SeafoodCategories:- Oil and gas companies of Greenland
- Industry in the Arctic
- DONG Energy
- National oil and gas companies
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