Rhodia and IFP Join Forces to Optimize Oil Reserve Extraction
Year:2009 ISSUE:13
COLUMN:NEW SETUP, AGREEMENT & PLAN
Click:206    DateTime:May.05,2009
Rhodia and IFP Join Forces to Optimize Oil Reserve Extraction      

Rhodia and IFP have joined forces to launch a joint services and consulting offer targeting chemical Enhanced Oil Recovery activities for the petroleum industry. The objective is to offer oil companies solutions adapted to different operating conditions so as to maximize the oil production from reservoirs. For a large number of oil fields, this innovative approach could increase average oil extraction rates by 20%, currently estimated at 35%. Rhodia released on April 24th.