Glori Energy, an innovator in enhanced oil recovery,
announced its field implementation contract with Brazil’s Petrobras, the third
largest energy company in the world.
Glori Energy will deploy its AERO (Activated
Environment for Recovery of Oil) System into an existing Petrobras onshore
water flood project in Brazil to recover billions of barrels of oil trapped in
reservoirs.
“Having seen the results generated by Glori Energy in
field projects in the United States, we are encouraged to demonstrate the
effectiveness and commercial viability of Glori’s technology to Petrobras. As a
global leader in implementing new technologies, we are excited to further
evaluate Glori Energy’s AERO System,” said
Ricardo Portella, advanced recovery program manager of Petrobras.
The System makes use of existing non-potable water
sources, optimizing the water quality to activate and sustain the indigenous
reservoir microbial life with the desired metabolic activities. The AERO System
provides a new, viable option to recover previously trapped oil with minimal
new footprint or investment.
With this contract Glori looks forward to expand its footprint across Brazil and in Latin America.
“South America represents an important source for the
world’s future oil supply. We are very excited to have the opportunity to
implement Glori’s AERO System to make an impact in Brazil. We are honored to be
working with Petrobras, one of the world’s leading energy companies,” said
Stuart Page, CEO of Glori Energy.
Glori Energy recently announced a strategic partnership
with the international energy company Statoil. Under the agreement, Statoil
provides Glori Energy with a Intellectual Property license, enters into a
collaborative research program and provides placement of a key Statoil
scientist to Glori Energy.
By GreentechLead.com Team
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