Your account already exists. Please login first to continue managing your settings.
With increased challenges in enhanced oil recovery (EOR) in Oman, Petroleum Development Oman (PDO) joined ITF (Industry Technology Facilitator) to help drive new solutions forward with other major oil and gas players in the region.
Sultan Al-Shidhani, study center manager for PDO said, “Joining ITF provides us with the opportunity to address the technology challenges we are facing in an approach with other operators. Oil in Oman is becoming more challenging to develop with a rising number of EOR and sour (hydrogen sulphide) projects, so technology has a growing role to play. We believe that collaborating on joint industry projects will help to bring forward the technologies that can assist continued recovery.”
ITF is planning to launch a Gulf Cooperation Chapter this year with Middle East operators with the task of focusing mainly on setting and solving regional technology challenges.
ITF members share funding and risk on bringing forward new solutions through joint industry projects (JIPs). Innovators are offered up to 100% funding to develop technology and retain full intellectual property rights.