New engineering technology created by TatNIPIneft, the Tatar Oil Research and Design Institute, has been successfully applied by Russian oil and gas company TATNEFT to enhance the recovery of oil.
SSG-VUKSZHS, which increases the depletion of oil reservoirs using a composition based on silica gel, won the Grand Prix for best exhibit, engineering design or technical solution at the XXth International Oil and Gas Exhibition 2013 held in Baku, Azerbaijan, in June.
The technology, which has been designed to increase the sweep efficiency and oil recovery ratio, uses inexpensive domestically produced chemicals as well as both fresh and mineralized waste water.
TatNIPIneft experts said that the water injection procedures and composition of the gel structures are environmentally friendly.
TATNEFT's average daily gain in crude oil production for 2013 has so far amounted to 5.87 tons per day for one well.
- ASIAN DEVELOPMENT BANK: Green and Blue Finance Will Help Bridge Infrastructure Investment Gap in Southeast Asia
- INTERNATIONAL MONETARY FUND: World Bank and IMF Officials Visit Morocco to Prepare 2021 Annual Meetings in Marrakech
- GOVERNMENT OF BELARUS: Lukashenko: Time to demonstrate our ability to solve problems in two pre-election years
- GEORGIAN CHAMBER OF COMMERCE AND INDUSTRY: Georgian Chamber of Commerce and Industry responds to the promotion of Georgia in the EuCham ranking
- EURASIAN DEVELOPMENT BANK: The Ministry of Finance proposed to establish the amount of bank guarantees of VEB.RF and EDB for customs
- CONVERSE BANK - ARMENIA: Converse Bank offers online loans at a low effective interest rate
- BANK OF GEORGIA: Bank of Georgia opened a new branch of property management accumulated in the historical building
- BANK OF MOSCOW - RUSSIA: VTB patents a multi-issuer blockchain system
- EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT: EBRD investment in Western Balkans tops €1 billion in 2018
- CONVERSE BANK - ARMENIA: Two medical centers in Armavir region got new equipment and furniture thanks to Fruitful Armenia Foundation