Earlier today DONG Energy announced to execute a permanent repair solution for the Danish North Sea platform Siri.
DONG Energy considers this to be the only possible and sufficient repair solution that as soon as possible as required by the law can accomplish an operation of the Siri platform that permanently fulfils the needed safety and environmental standards and satisfies the regulatory requirements.
DONG Energy's co-owner of Siri has in an announcement today stated that they do not agree on the chosen solution.
"As operator DONG Energy will not compromise on environmental and safety matters and therefore we will proceed with the permanent repair solution. A prudent operator is expected and required to perform the operations in a safe and environmentally responsible manner in accordance with regulatory requirements including The Danish Offshore Safety Act. Our license partner is obligated to support us in securing a responsible operation and shall bear the costs accordingly. We act on behalf of and to the benefit of all the Siri area owners" says Søren Gath Hansen, Executive Vice President for Exploration & Production in DONG Energy.
The information provided in this announcement does not change DONG Energy's previous financial guidance for the 2011 financial year or the announced expected investment level.
For additional information, please contact:
Media Relations
Ulrik Frøhlke
+45 9955 9560
Investor Relations
Morten Hultberg Buchgreitz
+45 9955 9750
DONG Energy is one of the leading energy groups in Northern Europe. We are headquartered in Denmark. Our business is based on procuring, producing, distributing and trading in energy and related products in Northern Europe. We have approximately 6,000 employees and generated 55 billion (EUR 7.3 billion) in revenue in 2010. For further information, see www.dongenergy.com.