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Dong adds to UK wind farm stakes
 Dong Energy has taken a stake in two UK offshore wind farm sites which are to be developed to produce up to 1 Gigawatts of energy.
Dong has agreed to take 33.3% in the Round 3 Hornsea development zone in a deal with the Smart Wind joint venture which comprises Mainstream Renewable Power and Siemens which are aiming to develop two projects through Heron Wind Limited and Njord Ltd.
Dong has agreed to £15 million for an initial 33.33% stake in each project while the deal includes options to increase its equity to 66.7%
Hornsea is one of nine offshore site leased under the UK Crown Estate's Round 3 licensing programme, and Smart Wind, formed by Mainstream Renewables and Siemens back in 2009 is due to develop the Hornsea site by 2020.
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 Estimated reserves in the UK North Sea Fyne field have been cut down 36% by former operator Antrim Energy and further doubt has been cast over the future development of the discovery. [Les mer ] • Field development
 Tullow Oil has revealed that a new well on the Ketch field in the UK Southern North Sea has come in successfully and is to be brought onstream. [Les mer ] • Field development
 Norwegian industrial group Aker ASA says it value rose 16% in the first quarter to NOK 22.5 billion (US $3.74 bn) as its investments – mainly in oil and gas operations - rose in value. [Les mer ] • Company news
 Middle East-based rig and fabrication group Lamprell has warned of a tightening in the international supply chain for rig components which has hit its construction schedules and costs. [Les mer ] • Company news
 Bond Offshore is to resume flying with its fleet of Eurocopter Super Puma helicopters after its own investigation of a gearbox fault which caused a North Sea crew change flight to ditch into the sea. [Les mer ] • HSE
 Dutch based Dockwise has launched a mandatory but hostile takeover offer for shares in rival Fairstar Heavy Transport which it does not already own. [Les mer ] • Company news
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Aker group grows value Norwegian industrial group Aker ASA says it value rose 16% in the first quarter to NOK 22.5 billion (US $3.74 bn) as its investments – mainly in oil and gas operations rose in value.
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