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Viet Nam and Denmark ink geological research agreement

 
Hello. This is the Economics Report from English123.
The Vietnam Petroleum Institute (VPI) and Geological Survey of Denmark and Greenland (GEUS) signed a research collaboration agreement that aims to address future oil and gas challenges in Viet Nam.
The memorandum of understanding that specifically aims to provide reliable and demand-driven research services to the Vietnamese oil and gas industry as well as the public at large was signed at the concluding conference of the Enhancement of Research Capacity (ENRECA) project, which opened on November 21st.
ENRECA is a research co-operation project between Vietnamese and Danish research institutes that aims to enhance research capacity in geological expeditions.
The Danish International Development Agency (Danida) funded the project.
VPI General Director Dr. Phan Ngoc Trung said: "Over the years, VPI has benefited from the ENRECA project, especially the state-of-the-art technology with which we have been provided for practice."
He believed the ENRECA results would help VPI to better assess Viet Nam's oil and gas potential and enhance VPI researchers' capabilities.
Christian Brix Moller, Danish deputy head of mission, said he was pleased "to see that the means provided by Danida over the years have facilitated this long-term co-operation and integration of knowledge between Danish and Vietnamese geoscientists."
He added that the long series of important and multi-folded achievements in technology transfer and capacity building have contributed to the sustainable development of Viet Nam's oil and gas sector in particular and of the entire country in general.
On the occasion, VPI leaders also gave awards to Danish experts Ioannis Abatzis, ENRECA project manager, and Lars Henrik Nielsen, GEUS head of stratigraphy, for their outstanding contribution to the Vietnamese oil and gas sector.
The conference also included in-depth presentations of Vietnamese and Danish scientists that aim to highlight results of ENRECA's third phase of the research project, especially the analysis of a core well in Bach Long Vi Island and sharing of new information for the upcoming geological expedition in Song Hong Basin.
This is Nick Veinot. We will be back with more news from English123.
Source: vietnamnews

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