He Government of Dominican Republic advances in an agreement with the University of Texas in Austin (UT) to strengthen the base of data technique of the sector hydrocarbons.
According to the Minister of Energy and Mines, Joel Santosthe project seeks to improve knowledge of the resources geological of the country and attract investment foreigner in the exploitation of hydrocarbons.
Santos highlighted that the initiative will create a platform of data robust and detailed, making it easier for potential investors to evaluate opportunities in exploration and exploitation, which will contribute to a more competitive market.
The announcement was made during a meeting at the UT with researchers from the Center for Subsurface Energy and the Environment (CSEE) and the Bureau of Economic Geology (BEG), the ministry highlighted in a press release.
Studies on rare earths The agreement will include programs of trainingscholarships for Dominican students and studies on Land rarefundamental for the technology industry. “This agreement will be a key step in the development scientific, technological and sustainable of the Dominican Republic“Said Santos.
“That platform will allow potential international investors to more clearly evaluate opportunities in exploration and exploitation, supporting the creation of a more competitive and reliable market,” he said.
Training and research
The agreement will contemplate the creation of programs educationalseminars and training, as well as scholarships for Dominican students in the University of Texas in Austin, with the aim of promoting advanced training in strategic areas of the healthcare sector. hydrocarbons.
For its part, the UT will contribute to the analysis of the data priors on resources geological of the Dominican Republicwhich will strengthen knowledge about the mining and exploratory potential in the country.
During the meeting, the importance of carrying out studies on Land rareessential materials for the technology industry and the possibility of starting exploration and extraction projects in the country.
About the University of Texas
The University of Texas in Austin (UT Austin) is globally recognized for its excellence in research in geology, hydrocarbons and renewable energies. Its Bureau of Economic Geology (BEG) and the Center for Subsurface Energy and the Environment are two of its main institutions dedicated to the advanced study of resources geological and energetic.
The BEG is one of the centers of investigation oldest and most respected in the United States, dedicated to the analysis of resources minerals and energy, including hydrocarbonswhile the Center for Subsurface Energy and the Environment addresses technological challenges related to the extraction of oil, gas and other energy sources, integrating aspects of sustainability and efficiency.
One of the most relevant projects is the Timor Gap Model, designed to maximize the development sustainable of resources natural, through international associations, as well as research on Land rarewhich has focused on studies of essential strategic materials for emerging technologies, an area of growing global interest.
His relationship with governments and companies international companies makes it an ideal strategic partner for projects such as the one announced by Dominican Republic.
