MERGER OF ORANJE-NASSAU ENERGIE AND DYAS

Amsterdam, December 20, 2018. Oranje-Nassau Energie B.V. (ONE) and SHV Holdings announce that agreement has been reached on the merger of their upstream energy businesses, in a combined entity called ONE-Dyas.   The ONE-Dyas Executive Board will consist of CEO Robert Baurdoux (current Dyas CEO), Executive Director Alexander Berger (current ONE CEO) and CFO Chris…

Drilling rig removed after completion of exploration well

Amsterdam – In the GEms area in the North Sea, approximately 20 km north of Schiermonnikoog, Oranje-Nassau Energie (ONE) is investigating the possibilities for production of natural gas. The rig that carried out the drilling of the second exploration well in the area will be towed away shortly. The insights gained are currently being analysed.…