Video | Business Headlines | Internet | Science | Scientific Ethics | Technology | Search

 

NZ, Chile Sign Cooperative Science Agreement


NZ, Chile Sign Cooperative Science Agreement

An agreement signed today paves the way for Chile and New Zealand to work more closely on oil and gas exploration, geothermal energy development, and the study of earthquakes and volcanoes.

The agreement is between Geological and Nuclear Sciences Ltd (GNS) and the Chilean National Commission for Scientific and Technical Research (CONICYT). It was signed by GNS Chief Executive Alex Malahoff and the President of CONICYT, Dr Eric Goles.

The agreement covers the exchange of personnel and information, and the promotion of public-private sector partnerships to support the development of innovative products and services.

Dr Malahoff said because of their similar geology, Chile and New Zealand shared many of the same opportunities and challenges in natural resources and geological hazards.

An initial focus would be geothermal development, an area where the predecessor of GNS ? the DSIR - had established a long record of working in Chile.

" As a country needing more electricity to power economic growth, Chile is keen to investigate its untapped geothermal prospects," Dr Malahoff said.

There would also be joint research projects in oil and gas exploration plus studies of offshore frozen methane deposits known as gas hydrates.

As known oil and gas reserves start to decline, commentators are increasingly regarding gas hydrates as a future energy source. Chile and New Zealand have substantial deposits of gas hydrates off their coasts.

A joint research project would investigate a number of areas including overcoming the challenges in extraction of commercial quantities of hydrates from beneath the seafloor.

The study of earthquake and volcanic hazards was another area where increased co-operation would benefit both countries.

" At the heart of this work is geology, geophysics, and geochemistry. New Zealand and Chile have an excellent record in working together in these disciplines. The agreement will strengthen these relationships and produce benefits for both countries," Dr Malahoff said.

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

NIWA: Scientists Say Methane Emitted By Humans ‘vastly Underestimated’

NIWA researchers have helped unlock information trapped in ancient air samples from Greenland and Antarctica that shows the amount of methane humans are emitting into the atmosphere from fossil fuels has been vastly underestimated... More>>

ALSO:

SMC Expert Reaction: Record Dry Spells And Effects On Forests

With no rain forecast before Sunday, Auckland is about to break a record for the city's longest dry spell. Niwa says Auckland is likely to hit 40 consecutive days without rain this weekend . The upper North Island is seeing severe meterological ... More>>

ALSO:

Reserve Bank: Official Cash Rate Remains At 1.0 Percent

The Monetary Policy Committee has decided to keep the Official Cash Rate (OCR) at 1.0 percent. Employment is at or slightly above its maximum sustainable level while consumer price inflation is close to the 2 percent mid-point of our target range. ... More>>

ALSO:



Science Media Centre: Novel Coronavirus Detected In China – Expert Reaction

The virus was detected after more than 40 people were hospitalised with pneumonia in Wuhan City, China and the outbreak traced to a large animal and seafood market. The Centers for Disease Control and Prevention reports that person-to-person transmission ... More>>

ALSO:

Science Media Centre: Flooding could release toxic gas – Expert Reaction

A chemical substance known as ouvea premix stored at an old paper mill in Mataura could release toxic ammonia gas if it comes in contact with water.More>>

ALSO: