DONG Energy joins the ITF fold
Industry’s Technology Facilitator (ITF) has announced another new international member. DONG Energy is the latest operator to join ITF, underlining an ongoing industry commitment to R&D despite the economic downturn.
DONG Energy provides procurement, production, distribution and trade in energy services. It will bring ITF’s membership roll to 22. A total of five new international firms have now joined ITF in the last 12 months.
Founded in 2006, DONG Energy is the result of an amalgamation of six Danish energy companies. The organization offers a range of services including oil and natural gas exploration, renewable energy facilities, electricity generation, gas and electricity distribution, and sales and energy consultation.
“Attracting international companies like DONG Energy reinforces the importance of industry investment in research based solutions,” said Neil Poxon, managing director of ITF. “We cannot escape the cuts being made across all sectors just now, but it is critical that companies keep investing in new technology. Versatile technological solutions will provide the key to enhanced production and exploration in the years to come. ”
R&D manager of DONG Energy Morten Gjetting Stage has been appointed ITF’s member representative.