Technology and innovation as key drivers for the future of oil and gas

Posted On June 11th, 2018 - 2:22 pm | by Oil and gas press

DEA at EAGE 2018
In Copenhagen, DEA is presenting applied technology highlights and its current global core projects at Europe’s most important technology event of the oil and gas industry, the 80th EAGE Conference and Exhibition.

The global demand for energy is increasing and the energy mix is changing towards a less carbon intensive future. Important key drivers for the oil and gas industry, to stay competitive in the energy market, are the development of new technology and innovative solutions. The annual event of the European Association of Geoscientists and Engineers (EAGE) provides a platform for experts of E&P companies, the service industry and representatives of science to exchange ideas and to discuss new approaches.

From 11 to 14 June, DEA will showcase the results of its constant work on sustainable innovative solutions and efficiency-enhancing concepts, to ensure both, high safety and environmental standards as well as economic viability in its global E&P projects. The concept of multilateral wells, that DEA applies successfully for the development of the German oil field Mittelplate is one example where the exploitation can be optimised, while the impact on the environment is minimised.

DEA’s current international key projects, where the company applies its focused set of capabilities as operator and active licence partner, are located in Europe, North Africa and, more recently, Latin America. In 2017, DEA had a successful market entry in Mexico and is, with the award of Ogarrio, one of the first international operator of onshore oil production in the country. DEA is working on the improvement of the recovery of Ogarrio in an economic and sustainable way.

Moreover, DEA holds shares in four exploration licences offshore Mexico, thereof three as operator.

Source / Further information : DEA

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