ANNUAL REPORT - The Petroleum Institute

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The Petroleum Institute | Annual Report - Academic Year 2011 - 2012 Research, Teaching and Service 26
A year of transformation, growth and success RESEARCH AND DEVELOPMENT Dr. Shahin Negahban, Vice President Research Award Dr. Balanthi Beig Electrical Engineering I. Executive Summary Since January 2012 extensive work has been carried out to construct a new Research and Development (R&D) organization at the Petroleum Institute. We have identified key ‘surface’ and ‘subsurface’ technical and educational challenges at ADNOC and the PI and used them to guide our new direction. The key enabler for the success of R&D at the PI is the rapid development and deployment of the Carbonate Enhanced Oil Recovery (EOR) Centre of Excellence which will add tremendous technological and economic value to the whole of Abu Dhabi both in terms of (a) Oil & Gas production, sustainability and reserves growth and (b) the creation of knowledge-based economic growth for the future of the UAE. The following is a summary of our 2012 activities: •• Identify Key ADNOC and PI Challenges used to define the R&D direction for the new PI R&D organization. The challenges include the following: •• A support strategy for ADNOC and its group of companies in order to secure: o Production sustainability well beyond 2020 o An ultimate recovery factor of 70% (a 1% increase in recovery amounts to USD100 billion of revenue or higher) o The preservation of hydrocarbon gases for power generation o Suitable personnel resources to manage future large scale ADNOC projects 27
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ANNUAL REPORT - The Petroleum Institute

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