Press release from DONG Energy sent at 11:59 AM on Thursday 25.09.2008
DONG Energy and the Technical University of Denmark focus on the offshore industry
A focused growth strategy and a shortage of engineers makes DONG Energy strengthen the relations with the Technical University of Denmark (DTU). DONG Energy will invest DKK 5m in the increased collaboration.
In cooperation with DTU, DONG Energy will publish a project catalogue containing projects within the E&P industry (exploration and production pertaining to the oil and gas industry) for students to choose from when they consider topics for their projects.
“Students are often in doubt when they have to choose topics for their projects. A catalogue will be helpful for both students and their tutors,” says Poul Munk Andersen, Senior Vice President in DONG Energy E&P.
The project catalogue also benefits DONG Energy; a number of specific tasks will be carried out, the awareness of the company will be improved and the number of graduates with knowledge of the offshore industry will be increased.
DONG Energy’s ambition is to increase the production of oil and natural gas. This requires a number of new fields to be developed and the existing fields to be exploited more efficiently. At the same time, it is important to intensifyup the search for new finds.
“In order to realise our goals, the organisation must grow considerably. For example, we have 50 petroleum engineers today, but already in 2015, we will be need 200. Finding and extracting oil and gas is a great technological challenge and it requires that we play an active part in the development of new technologies. That is why our cooperation with DTU is so important,” Poul Munk Andersen says.
The goal is to that least five Ph.d., M.Sc or BA projects are commenced within the next three years. DONG Energy has allocated DKK 5m for the DTU projects. DONG Energy has chosen DTU as a partner, as DTU guarantees science and education on a high international level also within the area of E&P.
For further information, please contact:
Tel.: +45 9955 9560
DONG Energy is one of Northern Europe’s leading energy groups. We are headquartered in Denmark. Our business is based on procuring, producing, distributing, trading and selling energy and related products in Northern Europe. The company delivered revenue of DKK 41.6 billion in 2007 (approx. EUR 5.6 billion or USD 8.3 billion). DONG Energy has more than 5,000 employees. For further information, see www.dongenergy.com.