The potential of the North Sea – new report by QVARTZ on the oil and gas resources in the North Sea

February 7, 2014


The potential of the North Sea – new report by QVARTZ on the oil and gas resources in the North Sea

The purpose of the sector analysis was to provide a factual and short description of the Danish shelf, the development of the sector and its social contributions. Finally, the analysis pointed out that a considerable social additional contribution is involved in realisation of part of the potential, which exists on the Danish shelf according to the Danish Energy Agency and the sector.

Further to the report from 2012, QVARTZ has been chosen to draw up a new analysis and report which go a step further and identify what is needed to realise the potential of the North Sea. The report is named: “the potential of the North Sea – realisation through three growth engines”.

The intention of the report is to contribute to a factual description of and a perspective on which ’engines of growth’ and levers the players in and around the sector shall cooperate on to realise the potential. The report is based on three key engines of growth:

1) Increased exploration activities,

2) Production of marginal fields and

3) Increase of the recovery rate.

Read the full report in English
Read the full report in Danish