OPTION Attracts New Partner for Oil Recovery
OPTION (Optimizing Oil Production by Novel Technology Integration) aims to significantly improve simulation tools for the prediction and control of the flow between the horizontal wells and the reservoir – with a focus on enhancing oil recovery. As part of their investment in the project, DONG Energy will contribute with the complete subsurface dataset from the Siri and Stine fields, located in the Danish sector of the North Sea. Dr Michael Kragh Engkilde, Subsurface Manager of Siri Asset at DONG Energy says: “With our ambition to extend the life of the Siri Area, we are continually investigating opportunities for enhancing production. The joint industry project breeds a close link between industry and academia and as such helps to progress research exploitation and knowledge transfer.
LR Invests in Senergy to Build Energy Sector Service
Lloyd’s Register (LR) announced a significant investment in global services company Senergy to create an industry-leading offering - from the reservoir to refinery and beyond. The deal will see LR and Senergy provide a unique and comprehensive portfolio of services to the upstream sectors of exploration, production and transportation through to refinery and beyond. The combined business will also provide life of field services from inception to decommissioning and offer unparalleled…
