Newsletter 
  INSCRIPTION Inscription | ESPACE ANNONCEURS Publicité | CONTACT Contact |PLAN DU SITE Plan


Europétrole, le portail de l'industrie du pétrole
 
 accueil | actualité française | actualité internationale | recherche | interviews | focus | actualité par entreprise | actualité pétrole/gaz de schiste 
Partager :

  • Equinor selling its refining business in Denmark to Klesch
    édité le 11/06/2021 - Plus de news de "Klesch" - Voir la fiche entreprise de "Klesch"


Equinor selling its refining business in Denmark to Klesch
Equinor has entered into an agreement with the Klesch Group for the sale of its refining business in Denmark.

The agreement covers the Equinor Refining Denmark A/S (ERD) company consisting of the Kalundborg refinery and terminal in the northwest of Zealand, the Hedehusene terminal near Copenhagen as well as associated infrastructure and industrial property.

Upon completion of the transaction, including approval by Danish authorities, all ERD employees will be transferred to the Klesch Group with equitable employment terms as within Equinor.

“This transaction supports Equinor’s strategy to focus its portfolio around core areas. Equinor will concentrate its refining position around Mongstad, Norway, where the company can leverage its integrated industrial cluster, expand the portfolio of low carbon energy products provided and contribute to Equinor’s efforts in the energy transition. Over the years, Kalundborg has provided solid results and strong efforts have been made to maintain safe and reliable operations, also with the recent challenges caused by the pandemic” says Irene Rummelhoff, Equinor’s Executive Vice President for Marketing, Midstream and Processing.

The Klesch Group has been in refining for over 10 years and is well positioned to take the business further. In a statement, A. Gary Klesch, the Chairman of the Klesch Group, says:

“I am so pleased that we were able to reach an agreement today to purchase the Kalundborg refinery from Equinor. The refinery is first class and so are its people. It was challenging during the covid pandemic to undertake this acquisition, but through the hard work of both my team and Equinor’s team, we were able to get there in the end. Given the proximity of our refinery in Germany, I’m sure there will be lots of opportunities for both refineries to work together; especially when it comes to deploying our decarbonisation strategy”.

The Kalundborg refinery was built in 1961 and was acquired by Equinor in 1986 before significantly increasing capacity in 1995. The plant can process 107,000 barrels a day of crude oil and condensate for gasoline, diesel, propane and heating oil. Annual production capacity is up to 5.5 million tonnes of oil products.

Completion will, among other things, be dependent on approval by the Danish authorities. Further commercial details on the transaction will not be disclosed.

The two refineries, Kalundborg and Mongstad, are independent and separate enterprises, with separate markets and largely their own competence bases. Equinor will continue to develop the refinery business at Mongstad. Mongstad is tightly integrated into Equinor’s oil and gas value chain and plays a significant role in the development of new value chains, such as hydrogen, biofuel and ammonia.

This transaction does not affect Equinor’s ownership and/or operation of Danske Commodities, headquartered in Aarhus, Denmark.

About the Klesch Group

The Klesch Group is an international industrial commodities group founded in 1990. The company is involved in the production and trading of oil and metals, as well as other global commodities and related financial derivatives. The group currently employs 650 professionals across seven locations in five countries.

About Equinor

Equinor (OSE:EQNR, NYSE:EQNR), is an international energy company with a proud history. Formerly Statoil, we are 20,000 committed colleagues developing oil, gas, wind and solar energy in more than 30 countries worldwide. We’re the largest operator in Norway, among the world’s largest offshore operators, and a growing force in renewables. Driven by our Nordic urge to explore beyond the horizon, and our dedication to safety, equality and sustainability, we’re building a global business on our values and the energy needs of the future.


Origine : Communiqué Klesch

Voir la fiche entreprise de "Klesch"





Les dernières news de "Klesch"

 
 
 
 
 
Emploi-Pétrole
 
Rechercher une news



française internationale








 
Les dernières news internationales


>> Toute l'actualité internationale     >> RSS
 
Recherche de news par tags

abu-dhabi acquisition adnoc aker-bp aker-solutions algeria algerie algerie alstom amec anadarko angola apache australia axens azerbaijan baker-hughes barents-sea bechtel bg-group bp brazil canada carburant cbi cgg chevron china chiyoda cnooc cnpc co2 commission-europeenne compressor conocophillips consommation cpdp deepwater discovery drilling e-on edf egypt emerson engineering eni equinor equinor exxonmobil feed flng flowline fluor fluxys fmc foster-wheeler fpso fsru fugro gabon gas gaz gazprom gazprom-neft gdf-suez ge germany ghana gnl gtt gulf-of-mexico hess india indonesia inpex iraq italy jacobs jgc kbr keppel licence lng lukoil lundin maersk-drilling malaysia mcdermott methanier mozambique natural-gas nigeria nigeria nord-stream north-sea norway novatek offshore oman omv opec pemex petrobras petrofac petronas pgnig pipeline platform qatar qatar-petroleum qatargas raffinerie refinery repsol rig riser rosneft russia rwe saipem santos saudi-aramco schlumberger senegal shale-gas shell socar sonatrach south-stream statoil subsea subsea-7 survey tap technip technipfmc texas total transocean tullow turbine ufip uk us vallourec vopak well wintershall wood-group woodside



Europétrole © 2003 - 2021