Saudi Aramco has launched an ambitious research and development (R&D) program in an attempt to increase the oil recovery factor of major producing reservoirs from the current 50% to 70%.
The company said it is emphasizing high-impact technologies that typically involve long-range strategies. “We are pursuing R&D to bring about breakthrough achievements—not simple or merely incremental enhancements,” said Khaled Al-Buraik, a vice president at Saudi Aramco....
Saudi Aramco Boosts R&D Efforts to Increase Oil Recovery
Abdelghani Henni, JPT Middle East Editor
01 April 2015