RESEARCH & DEVELOPMENT, INNOVATION
Research & Development, Innovation
At Société Pétrolière Internationale, Research & Development (R&D) and Innovation are at the core of our strategy to drive growth, enhance operational efficiency, and lead the transition to a sustainable energy future. Our commitment to R&D and Innovation enables us to explore new frontiers in energy production, develop cutting-edge technologies, and continuously improve our processes to meet the evolving needs of the market and society.
Maximizing efficiency and profitability across the entire hydrocarbon value chain through innovative technologies, strategic investments, and sustainable practices, ensuring seamless integration from exploration to delivery.
Improving process efficiency and reducing emissions across our operation.
Leveraging data analytics, AI, and automation to optimize operations.
Advanced Oil Recovery with Enhanced Oil Recovery (EOR) Technology
At SPI, we are committed to maximizing the efficiency and sustainability of oil extraction through cutting-edge Enhanced Oil Recovery (EOR) technologies. As a leading oil trading company, our dedication to innovation and environmental responsibility drives us to adopt advanced methods that enhance oil recovery while minimizing environmental impact.
What is Enhanced Oil Recovery (EOR)?
Enhanced Oil Recovery (EOR) refers to a set of advanced techniques used to increase the amount of crude oil that can be extracted from an oil field.
By applying EOR technologies, we can recover oil that would otherwise remain trapped in the reservoir, significantly extending the life of oil fields and improving their productivity.
Our EOR Technology Initiatives:
One of the most effective EOR methods, CO2 injection involves injecting carbon dioxide into the oil reservoir to reduce oil viscosity and improve flow. This not only boosts oil recovery but also allows for the beneficial use of CO2, reducing greenhouse gas emissions.
Thermal EOR techniques, such as steam flooding and cyclic steam stimulation, involve injecting heat into the reservoir to lower oil viscosity and enhance extraction. These methods are particularly effective in heavy oil fields.
By injecting specialized chemicals into the reservoir, we can alter the properties of the oil and rock, making it easier to extract the remaining oil. This method is highly effective in fields with challenging geological conditions.
Leveraging the power of microorganisms, microbial EOR techniques use naturally occurring or introduced microbes to break down complex oil molecules, improving flow and recovery rates.
Increased Recovery Rates: EOR technologies enable us to extract up to 60% more oil from existing fields compared to traditional methods, significantly enhancing resource utilization and reducing the need for new drilling projects.
Reduced Environmental Impact: By maximizing the output of existing oil fields, EOR reduces the environmental footprint of oil extraction. Techniques like CO2 injection also contribute to carbon capture and storage, mitigating greenhouse gas emissions.
Economic Efficiency: EOR extends the productive life of oil fields, providing a stable and economically viable source of oil. This contributes to energy security and supports economic growth in oil-producing regions.
Pioneering the Future of Energy with Advanced Drilling Technologies
At SPI, our commitment to innovation and efficiency drives us to continually push the boundaries of what’s possible in the oil and gas industry. Our advanced drilling technologies are at the forefront of this effort, enabling us to unlock new resources, enhance productivity, and minimize environmental impact.
Why Advanced Drilling Technologies?
Advanced drilling technologies are crucial for accessing previously unreachable reserves, optimizing extraction processes, and ensuring safe and sustainable operations. These cutting-edge techniques allow us to explore deeper, more complex formations while reducing costs and environmental footprints.
Our Advanced Drilling Initiatives:
By steering the drill bit along precise trajectories, we can access oil and gas deposits that are not vertically aligned with the drilling site. This method increases reservoir contact, boosts production rates, and reduces the number of drilling sites needed.
ERD enables us to drill wells that extend far beyond the traditional limits, accessing reserves located miles away from the drilling rig. This technology maximizes resource extraction from a single location, minimizing surface disturbance.
MPD allows us to precisely control downhole pressure, enhancing safety and efficiency in challenging drilling environments. This technology reduces the risk of blowouts, optimizes drilling speed, and improves well stability.
Automation in drilling operations enhances precision, reduces human error, and increases efficiency. Our advanced automated systems enable real-time data analysis and adaptive control, ensuring optimal performance and safety.
MWD and LWD technologies provide continuous real-time data on the geological formation and drilling parameters. This information allows us to make informed decisions during drilling, optimizing well placement and reducing non-productive time.
Enhanced Efficiency: Advanced drilling technologies enable faster and more efficient drilling operations, reducing overall costs and maximizing resource extraction.
Reduced Environmental Impact: By minimizing the number of drilling sites and surface disruption, advanced drilling techniques help protect ecosystems and reduce the environmental footprint of our operations.
Improved Safety: Enhanced control and real-time monitoring significantly reduce the risk of accidents and improve overall safety for our workforce and surrounding communities.
Increased Resource Recovery: Advanced drilling methods allow us to access previously untapped reserves, increasing the overall recovery factor and extending the productive life of oil and gas fields.
Advancing Sustainable Practices with Carbon Capture and Storage (CCS) Technologies
Why Carbon Capture and Storage (CCS)?
CCS technologies play a crucial role in reducing greenhouse gas emissions by capturing carbon dioxide (CO2) from industrial processes and power generation activities. By securely storing CO2 deep underground, CCS contributes to achieving climate goals while maintaining energy security and supporting economic growth.
Our CCS Initiatives:
SPI LLC invests in advanced CO2 capture technologies that capture emissions from industrial processes, such as power plants and refineries. These technologies separate CO2 from other gases before it enters the atmosphere.
We develop infrastructure for the safe and efficient transportation of captured CO2 from industrial sites to storage facilities. This includes pipelines and transportation networks designed to securely transport CO2 for storage.
SPI LLC implements secure storage and sequestration solutions for captured CO2 deep underground in geological formations, such as depleted oil and gas reservoirs and saline aquifers. These storage sites prevent CO2 from re-entering the atmosphere for thousands of years.
We explore opportunities for CO2 utilization in Enhanced Oil Recovery (EOR) projects. By injecting CO2 into oil reservoirs, we not only increase oil recovery rates but also permanently store CO2 underground, providing a dual benefit for energy production and climate mitigation.
Climate Mitigation: CCS technologies reduce CO2 emissions from industrial sources, helping to mitigate climate change impacts and meet emission reduction targets.
Energy Security: By enabling continued use of fossil fuels with reduced emissions, CCS supports energy security and grid reliability during the transition to renewable energy sources.
Job Creation and Economic Development: Our CCS initiatives create jobs in technology development, construction, operations, and maintenance, stimulating economic growth and supporting local communities.
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