Danish suppliers are proud of their international renown which springs from Denmark’s history as a leading maritime nation along with its experience derived from the challenges at the North Sea. Now the Danes want to win the heart of the oil & gas industry in Singapore.
Denmark is a nation of seafarers. The Danish oil retrieval entrepreneurs and subcontractors have drawn on the know-how of the maritime industry which is rich in traditions, and the oil & gas industry has grown especially strong and competitive in the knowledge based areas.
The reputation of Denmark as a leading maritime nation has evolved over many centuries. Today, the country is amongst the five biggest shipping nations, especially owing to the A.P. Moller-Maersk Group – the largest container ship and supply vessel operator in the world – comprising the subsidiary company Maersk Oil & Gas.
The Danish Export Association has recently founded the Danish Offshore Energy Group for the purpose of creating a strong network within the oil & gas energy sector, and the network has joined forces with The Danish Trade Council to strengthen its impact on the main sectors of the offshore oil & gas industry.
Owing to the Danish Offshore Energy Group, Denmark will – for the first time ever – be represented by a joint booth at the OSEA 2010 expo in Singapore (30. November – 3. December), and the Danish ambassador will be a guest of honour and make the official opening of the Danish National Pavilion.
Optimizing production to retrieve last oil
The last oil is a long way off, but the limited resources means that it is necessary to develop new technology if we are to squeeze the oil and gas from the reservoirs.
Denmark initiated the supply of natural gas from the Danish North Sea more than 25 years ago, and Danish companies have developed sophisticated techniques with water injection to get a greater share of oil from underground in the North Sea, where the availability of oil and gas are scarce.
Upcoming Danish technology is working on introducing CO2 injections as well, which will make it possible to get the last percent of the exploited oil fields. Furthermore, new difficult districts such as the arctic areas will be explored, and prospecting for oil will take place in deep waters to a greater extent in the future.
Climate and security on the agenda
The international oil industry is entering a new era: the period after the oil spill incident in the Mexican Gulf. Today, the biggest challenge of the oil & gas industry is the environmental and safety concerns – the industry is suffering from a damaged reputation in the public, and global heating, pollution and CO2 emissions are more than ever on the agenda.
A “no discharge policy” was introduced on the North Sea more than 10 years ago and the Danish offshore industry has developed a lot of know-how in this field. Furthermore, because Danish subcontractors have been active for a long time in the North Sea where standards and restrictions are amongst the strictest in the world, they have an advantage when applying for permits on the world market.
Because of the recent incidents, the oil industry will be met with stricter legal requirement and rules in the future – especially with regard to exploitation in deep waters. This means higher costs. Every single one of the components must meet the quality demands throughout the life span of the product. A chain is only as strong as the weakest link – this is one of the lessons learned from the oil spill in the Mexican Gulf. This interaction between components in a safe and environmentally sound manner is exactly what many Danish sub-suppliers are specialized in, and this message is what they hope to communicate in Singapore.
Danish companies to be represented at OSEA:
CC Jensen A/S – Filter Division
Inexa TNF Aps
Offshore & Marine Contacts
TRESU Marine & Offshore
Walter Schnorrer ApS Welding Equipment