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DONG To Exit Oil and Gas Sector

DONG To Exit Oil and Gas Sector

GALWAY, IRELAND--November 10, 2016--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Denmark's DONG Energy A/S (Fredericia, Denmark) has announced plans to get out of the oil and gas business. The company said that JP Morgan Chase (NYSE:JPM) has been appointed to review the assets and that going forward it will focus solely on offshore wind.

Within this article: Details planned exit from oil and gas sector, greater focus on offshore wind.