Petronas expects to spend some RM1.1bil in research and development for EOR over the next three to four years, as a substantial number of the current producing oilfields have EOR potential, Datuk Mohamad Idris Mansor (pic centre) said.. More than 10 projects were at various stages of development currently, with the first application of EOR technology now ongoing at the Tapis oilfield, offshore Terengganu.(Pic shows Petronas Board Director Dato Mohamad Idris Mansor (centre) tour exhibition booth after launch Malaysia oil & gas services exhibition and conference at KL Convention Centre yesterday. - SHAARI CHEMAT/THE STAR)
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) will roll out its entire enhanced oil recovery (EOR) programme in phases over the next decade to revive flagging production from mature and depleting oil wells, said a director of the national oil company.
The company expected to spend some RM1.1bil in research and development for EOR over the next three to four years, as a substantial number of the current producing oilfields have EOR potential, Datuk Mohamad Idris Mansor told delegates in his speech at the opening of the Malaysia Oil & Gas Services Exhibition and Conference 2014.
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