Saturday, May 12, 2012

Living on the Edge: Breakthrough technology and incremental innovation in Oil and Gas Industry


“I want to stand as close to the edge as I can without going over. Out on the edge you see all the kinds of things you can't see from the center.” -- Kurt Vonnegut, Jr. (American Writer, b.1922)

I recommend “Breakthrough technology and incremental innovation in Oil and Gas Industry: The Edge of Innovation in Oil and Gas Industry. Level of R&D, Expenditure Vs Results in Energy Companies,” by Richa Chauhan, Claudio Cannas, and Ashish Kumar (2011)

The report examines R&D efforts of Chevron Texaco, Exxon Mobil, Shell, British Petroleum, Eni, China National Offshore Oil Company, and Oil & Natural Gas Corporation Ltd India in the following categories:

·         Carbon capture and storage
·         Gasification
·         Bio fuels
·         Automotive enhancements
·         Gas to Liquid Technologies
·         Renewable Energies
·         Unconventional resources
·         Seismic Mapping
·         Reservoir Management and Enhanced Oil Recovery Techniques
·         Drilling Technologies
·         Deepwater Resources
·         Refinery and Downstream technologies

Here is an excerpt …

Eni has established an integrated research programme called Sulphur and H2S Management in E&P Operations which aims at Hydrogen Sulphide Absorption by Condensates, Large-scale storage of sulphur with economic technologies and low environmental impact through Sulphur Box confinement technology; The permanent elimination of sulphur by re-injection through Sulphur slurry injection. At the Milazzo refinery a plant for the removal of H2S is already operating.”

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