The Danish Underground Consortium (DUC), which is behind Danish Hydrocarbon Research and Technology Centre (DHRTC), has entered into an agreement with the Danish government to secure future investments in the North Sea. The agreement is positive news for the centre as it will help reach more of the potentials which DHRTC pursues.
“The agreement is very positive for DHRTC. Firstly, it is a clear signal that there is a broad political acknowledgement of the societal value from the oil and gas recovery from the North Sea in the long run,” tells Bo Cerup-Simonsen, Centre Director at DHRTC and continues:
“Furthermore, the investments following this agreement will help the centre reach our vision demonstrating an increased oil and gas recovery equivalent to 100 million barrels of oil from the North Sea in 2020, based on knowledge and innovative solutions from the DHRTC partnership.”
DUC is a partner in Danish Hydrocarbon Research and Technology Centre.
Read more about the research in the centre.