Skal Grønland udskifte kronen med canadiske dollars?
Får prisfaldet på 5-10 % hos Royal Greenland dig til at købe flere grønlandske fødevarer?
Cairn completes its acquisition of Agora Oil and Gas
Cairn Energy has completed its acquisition of Agora Oil and Gas, a Norwegian company with non-operated exploration, appraisal and development assets in the UK and Norwegian sectors of the North Sea.
The $450m deal adds extra drilling activity to Cairn's 2012 exploration and appraisal programme, with nine wells scheduled to be drilled this year.
The deal will be funded through a combination of 43 percent cash and 57 percent Cairn shares.
Agora struck oil in April at its Skarfjell Prospect in the Norwegian sector of the North Sea.
Nordic trade unions pressure premier
Trade unions in Nordic countries are demanding that Greenland’s parliament ensure that employees recruited from abroad to work on infrastructure projects are not offered worse wages or working conditions than local workers.
The call is being made by NFS, the Nordic association of trade unions, and come as parliament discusses what demands the country should make when mines, dams and aluminium smelters are constructed.
The pay levels are expected to be an important aspect of the discussions as the workers are expected to be drawn from China.
Accident at Kirkespiralden gold mine
Angel Mining, the English company that runs the gold mine Nalunaq in Kirkespiralden near Nanortalik, has
had to ask its shareholders for a capital injection of £1 million.
The money was needed to cover losses after a failure of its main generator caused production to be stopped
for a month. After the accident, new parts for the generator were quickly dispatched from the Caterpillar
dealer in Denmark and the generator resumed service over Easter.
No way to complain about mineral law
Greenland’s natural resources legislation is one of the most debated and controversial set laws in the short history of the country’s Self-Rule, and has been criticised by many, including environmental organisations and politicians.
Joining the chorus is Naaja Nathanielsen, an MP for Premier Kuupik Kleist’s IA party, who has proposed that people ought to be able to complain about decisions that were made using the laws.
Maersk ready for dialogue with environmental groups
Maersk acquired an exploration licenses for Baffin Bay in 2010. The company hopes to drill an exploratory
well within the next four years. The company also says it has a contingency plan in place when the expected
protests against oil exploration in the Arctic begin.
"We have said many times that we wish to talk to all stakeholders, including Greepeace," said Thomas
Grøndorf, a spokesperson for Maersk Oil, told Danish newspaper Berlingske. "We want to have a conversation
with them so we can understand their concerns."
