Danish Oil Pipe A/S

Company details

CVR number

34890021

Status

Aktiv

Address

Kraftværksvej 53, 7000, Fredericia

Legal form

A/S

Founded

Dec 12, 2012

Average employees

0

Production units

2

Description

Danish Oil Pipe A/S handles the transport of crude oil and condensate from the Gorm E platform in the North Sea to the crude oil terminal in Fredericia. The oil transport system is owned and operated by the company in accordance with the Danish Pipeline Act and the Danish Payment Order (Betalingsbekendtgørelsen). All costs for plants and operation of the oil transport system are paid by the users.In connection with the transport of crude oil and condensate, the company, in 2016, established specific separation facilities in order to handle a specific crude oil composition from the Hejre field in the North Sea. The separation facility was built to separate crude oil and condensate with a high volume of gasses, if the Hejre crude oil stream were to be transported through the crude oil pipeline. The facility was never taken into use and has awaited a decision from INEOS to produce crude from the Hejre field. In 2023, Danish Oil Pipe A/S was informed by INEOS (the owner of the Hejre field) that the facilities will not be used as the Hejre crude oil stream would not be routed through the crude oil pipeline. The financial impact is zero, as the facility was not yet taken into use and the users are regardless the decision obliged to pay back the cost for the construction of the facility as well as removal. On this basis, Danish Oil Pipe A/S applied for permission to remove the separation facility, and on 17 November 2025, the Danish Energy Agency approved DOP’s decommissioning plan for the facility.

Activities and industry

• Rørtransport
• 495000 — Rørtransport

Latest financial period

Reporting period

2025

Currency

DKK

Revenue

339,753,000

Gross profit

79,889,000

Operating profit

-15,265,000

Profit after tax

-16,491,000

Assets

1,433,068,000

Equity

451,037,000