The article below represents a preview only and is not meant for reuse or republishing.
ONGC and Indian Oil join hands to reduce carbon emission and enhance oil recovery
Click here to read full article from source
New Delhi, July 2 -- ONGC signed an MoU with IOCL for CO2 based Enhanced Oil Recovery (EOR) by injecting CO2 captured from IOCL's Koyali refinery. The MOU is aimed to establish a framework for mutually beneficial cooperation in the area of CO2-EOR as a mode of CCUS. The common objective is to address some of the biggest challenges of our country in particular & world at large, namely energy security and climate change.
It is a landmark event in the history of Indian Hydrocarbon Industry, with two its largest conglomerates agreeing to jointly work on Carbon Capture Utilization and Storage (CCUS). CCUS is known to be a very effective method of EOR globally and is playing an increasingly important role in achieving the mission of carbon neu...
To read the full article or to get the complete feed from this publication, please Contact Us