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International interest in North Sea oil
The interest in getting hands on a Danish oil licence in the North Sea is so massive that a whole 31 companies made the trip to Copenhagen on Tuesday in order to hear about the possibilities of oil drilling.
According to Danish daily Berlingske, this is twice as many as before the sixth licensing round in 2005.
The seventh round of tendering of Danish oil licences will be launched later this year, and Peter Helmer Steen, director of Nordsøfonden (the Danish State’s gas and oil company), which owns 20 per cent of all recent Danish oil drilling licences, explained that the significant interest is due to the great potential in the area:
“Recent years have seen some favourable discoveries in other geological formations than limestone, which dominates the production today. There are very large volumes of oil to be found in new geological strata, but it will be a technological and economic challenge to retrieve it. Interest, however, is keen, also from abroad, so there is plenty of reason to be optimistic,” Steen told daily Berlingske Tidende.
According to Jens Skov-Spilling, head of Danish Energy Agency, a number of global oil giants are among the companies interested in licences this time around. Previous tenders were mainly bid on by small and medium-sized companies.
The government's overhaul of the North Sea taxation has not put a damper on international interest and did not seem to affect companies much on Tuesday, wrote Berlingske.
Minister for Climate and Energy Martin Lidegaard (SocDem) is pleased that so many companies have made the trip to Copenhagen.
“It confirms the general impression that there are still plenty of resources stored in the North Sea, and the appetite is huge from companies eager to get started,” Lidegaard told Berlingske Tidende.
Source: www.dr.dk
GPs threaten withdrawal from system
The board of the Organisation of General Practitioners in Denmark has recommended that doctors withdraw from the current state healthcare system, based on their analysis of the government’s bill to reform the system.
“Unless the government implements a refund scheme, patients visiting doctors who withdraw from the system will have to pay for consultation themselves,” said Organisation President Henrik Dibbern.
The doctors say that the bill deprives them of all ability to organise their work for the benefit of patients.
“We have to choose between working under the new law, which takes away all of the rights and options we have had for structuring the work we do for our patients every day, or withdrawing from this cooperation,” said Dibbern.
There are 3,600 general practitioners in Denmark, working in more than 2,000 practices. Each individual practice will make the decision of whether to withdraw from the system.
“Ultimately, each practice must decide for themselves. But after having analysed the bill in its current wording, we are certain that the vast majority of doctors will find the government’s intervention unacceptable,” said Dibbern.
The doctors can withdraw from the system as of 1 September, when the current collective agreement with the state expires.
Source: www.dr.dk
The Danish central bank has cut its lending rate.
The Danish central bank Nationalbanken has announced it is to cut its Lending Rate from 0.30 per cent to 0.20 per cent with effect from May 3.
The 0.10 percentage point reduction to 0.20 per cent once again puts the Lending Rate at its lowest ever level.
“The interest rate reduction is a consequence of the reduction by the European Central Bank of its rate on the main refinancing operations by 0.25 percentage point. The European Central Bank has kept the rate on the marginal deposit facility unchanged,” the Nationalbank said in a statement.
“In the current situation where the monetary policy counterparties have a large need to place funds at Danmarks Nationalbank, the monetary deposit rates determine the money market rates and the exchange rate,” the bank added.
The bank said that effective May 3, its rates were: Lending rate: 0.20 per cent, Certificates of deposit: -0.10 per cent, Current account: 0.0 per cent and Discount rate: 0.0 per cent.
“The rate cut means that the Danish economy can enjoy even lower interest rates,” says Danske Bank Economist Jens Nærvig Pedersen, adding that the cut had been envisaged and thus to a certain degree already factored into the markets.
Souce: www.pol.dk
Leadership in the US
We are two Executive Coaches and Leadership Consultants interested in gaining a better understanding of the specific challenges Danish companies are facing in the US in regard to leadership, employee performance and team building. We have prepared a brief survey that we would like for you to fill out. To start the survey press this link: https://www.surveymonkey.com/s/LeadershipUS If the link is not working please copy paste the link into your URL. Your responses will be kept strictly confidential and only reported in aggregate. Thank you for your insight and time.
We would like to hear about your unique experience with leadership in a Danish company in the US. We are two Executive Coaches and Leadership Consultants interested in gaining a better understanding of the specific challenges Danish companies are facing in the US in regard to leadership, employee performance and team building. Our mission is to empower Danish leaders and managers to achieve outstanding results in the US through improved performance.
As a first step we have prepared a brief survey that we would like for you to fill out. As a second step we are planning to invite select leaders and managers to more in-depth conversations.
The information we collect will be of value to the entire Danish business community operating in the US market and help us continue to provide the best service to our clients.
To start the survey press this link:
https://www.surveymonkey.com/s/LeadershipUS
If the link is not working please copy paste the link into your URL.
Your responses will be kept strictly confidential and only reported in aggregate.
By answering you will be entered to win a lunch for two at the amazing restaurant AAMANNS-COPENHAGEN in NYC. The deadline to complete the survey is Friday May 3rd. The drawing will be held on Monday May 6th and the winner will be notified by email.
Please share the survey with any colleagues in a leadership position you find might be interested in participating.
We greatly appreciate your participation and thank you for your help. Please do not hesitate to contact us should you have any questions or if you would like to discuss leadership development.
Kind regards,
Anette Due Rosenzweig and Lena Beck Roervig
ADR Coaching, LLC
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+1 347-605-6360
Beck Global Consulting, LLC
http://beckglobalconsulting.com
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+1 917-803-0831
https://www.surveymonkey.com/s/LeadershipUS
Noma now world’s second best restaurant
For three years in a row, Noma managed to hold on to the title of world’s best restaurant. But last night, the Danish restaurant had to take one step down the line as Spanish El Cellar de Can Roca was crowned as best restaurant of 2013.
The list should not have been made public until later in the evening during an unveiling ceremony in London hosted by Restaurant Magazine, the founder of the infamous list "World’s 50 Best Restaurants".
But just like last year, a number of different media went public earlier in the evening and revealed that celebrity chef René Redzepi of Noma had had to relinquish the title of world champion to his Spanish colleagues at El Cellar de Can Roca.
However, Noma’s defeat did not come as a complete surprise, according to food critic Ole Troelsø of Danish daily Dagbladet Børsen.
“I have to say I saw it coming, and actually decided to stay home this year for the same reason.”
Troelsø believes the defeat should be seen simply as time for a change at the top of the food chain.
“Noma has held the title for three years running! That is a massive achievement, and it says something about how high a standard Noma has maintained throughout. But you can't be number one forever, and the shift had to come sooner or later.”
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