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38<br />
<strong>Offshore</strong> <strong>Center</strong> <strong>Danmark</strong><br />
Yearbook 2008<br />
Looking for Partners<br />
in Western Africa<br />
With Danish offshore companies present in<br />
Nigeria and in Angola, Western Africa is<br />
gaining increasing attention these years.<br />
Since 2005 Maersk Oil has been active<br />
offshore Angola, and in June 2005, Maersk<br />
Oil acquired a production sharing agreement<br />
for Block 16 approximately 100 km<br />
offshore coast of Angola. More licenses<br />
have been acquired by Maersk Oil since,<br />
and as the neighbouring blocks have been<br />
very successful in their search, expectations<br />
are quite high to these licenses. The water<br />
depths are in the range of 200-1,500 meter,<br />
and Maersk Oil will once again require<br />
all of their combined expert knowledge to<br />
produce oil from these large water depths.<br />
The fi rst results are expected to be released<br />
in 2008.<br />
Valuable knowledge<br />
Nigeria, being a long-time oil producer, is<br />
now also moving offshore. External assistance<br />
is required with this new focus, and<br />
Danish suppliers now have the opportunity<br />
to share the project development risk and<br />
the fi nanzing with IFU – The Industrialization<br />
Fund for Developing Countries.<br />
- During the past 20-30 years the Danish offshore<br />
industry has proven itself on the North<br />
Sea, and this knowledge is very valuable<br />
offshore West Africa, where the conditions<br />
are at least as challenging as in the North<br />
Sea, Kasper Svarrer states, Investment<br />
Manager in IFU.<br />
- IFU has asked <strong>Offshore</strong> <strong>Center</strong> <strong>Danmark</strong><br />
to prepare a market analysis for Danish<br />
offshore companies wishing to enter the<br />
Angolan and the Nigerian markets, respectively.<br />
Following our site visits interviewing<br />
more than 40 companies and institutions in<br />
these countries, we fi nd that these African<br />
markets are now ready to receive further<br />
assistance from Danish suppliers. The oil reserves<br />
offshore Western Africa are proving<br />
huge, and the time is now right for a market<br />
penetration for suppliers within selected<br />
market segments, which have been identifi ed<br />
in our reports available through IFU, Peter<br />
Blach states.<br />
Towards new horizons<br />
Danish know-how is also a commodity<br />
in high demand on the Brazilian offshore<br />
market. Danish exports to the Brazilian
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