DUC to establish Danish offshore research center

The companies in the Danish Undeground Consortium (DUC), including Maersk Oil, will establish and finance a new Danish offshore research cente. But details regarding which companies will participate, the start date, and the size of the research center have yet to be decided.

As part of the new tax agreement for the North Sea between the government and DUC, the companies behind DUC, which include Maersk Oil, will establish and finance a new offshore research center.

The center will work to improve Danish production and revenue "to benefit the companies as well as the state," the statement says. But very little have been decided about the specifics of the center beyond this; its size, who can participate and benefit from the results and, finally, how much money the DUC companies will invest in the center.

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