UK-based INEOS Energy, through its subsidiary INEOS E&P, has agreed to acquire Hess’ subsidiary HESS Denmark, a Danish upstream company, for $150 million. The HESS business in Denmark is engaged in handling operated assets focused on the production of oil. Nearly, 60 personnel of HESS Denmark will transfer to INEOS upon closing of the deal, […]
Danish pharma company Novo Nordisk has agreed to acquire US drug delivery company Emisphere Technologies in a deal worth $1.8 billion. The proprietary drug delivery technologies of Emisphere Technologies include the Eligen SNAC technology and others which enable oral formulations of therapeutics. Since 2007, Novo Nordisk and the US company have collaborated. Eligen SNAC is […]
Danish renewable energy developer Eurowind Energy has awarded a contract to Vestas for the supply of 54MW turbines for the GreenLab Skive project in Denmark. Apart from the supply, installation, and commissioning of the wind turbines, the Danish wind turbine manufacturer will provide its VestasOnline Business SCADA solution for reducing turbine downtime for optimizing the […]
Chr. Hansen, a Danish bioscience company, has agreed to sell its natural colors business to the EQT IX Fund for €800 million in an all-cash deal. The natural colors business provides natural ingredient solutions for the food, nutritional, agricultural, and pharmaceutical sectors. The sale of the natural colors business completes a strategic review of Chr. […]
Galecto, a Danish biotech company, has raised $64 million in an equity financing round, for developing novel treatments for fibrosis and cancer. Led by Soleus Capital and co-led by Eir Ventures, the funding round is said to strengthen the existing cash balance of Galecto, extending its cash runway into late 2022. The financing round saw […]
Danish marzipan producer Odense Marcipan, which is a part of Orkla Food Ingredients, will acquire cake manufacturer Frödinge from Swedish food company Orkla Foods Sverige, for an undisclosed price. According to Orkla, the parent firm of the parties said that the acquisition is being executed to build a strong platform for future development of Frödinge, […]
Danish drilling rig operator Maersk Drilling has bagged an additional one-well contract worth around $21.6 million from Aker BP for deploying its low-emission Maersk Integrator jack-up rig at the Ula field in Norwegian waters. The Maersk Integrator rig will undertake the drilling of the Ula F – Producer 1 well under the contract, which has […]
Maersk Drilling has bagged an additional one-well contract worth around $18.5 million for its Maersk Integrator jack-up rig from Aker BP, the operator of the Tambar field offshore Norway. The Danish drilling rig operator said that in direct continuation of its present work scope, the Maersk Integrator rig will move to the Tambar field to […]
NKT has bagged a contract worth around €235 million from SSEN Transmission for the supply and installation of a high-voltage direct current (DC) interconnector to the Shetland HVDC Link project. The Danish power cable manufacturer said that the turnkey order includes the manufacturing of nearly 2×260 km of 320 kV high-voltage DC on-and offshore power […]
Danish offshore marine services provider Maersk Supply Service has offloaded the Maersk Advancer and Maersk Asserter vessels, which are two of its older anchor handler tug supply vessels (AHTS vessels) for an undisclosed price. The AHTS vessels have been divested to an international buyer and will undergo modifications for use in a non-competing industry. Maersk […]