Summary:
The Italian company offers well engineering services to oil & gas operators and gas storage companies (well integrity, engineering, risk analysis). The company seeks partners and proposes itself as supplier under research, technical cooperation or commercial agreements with technical assisstance within ongoing CCS projects or joint proposals for future EU calls in which the company would assess the integrity of existing wells connected with CO2 storage reservoir or design of CO2 injection wells
Description:
The Italian company has performed many “drilling, completion and production optimization” engineering works, gaining a significant experience especially in the assessment of well integrity and in the standardization of well operations. Active on the market since 2001, the company operates in Italy, Europe and Middle East, with customers including Eni, Stogit, Edison, Edison Stoccaggio, Bunduq, Enagas, Téréga, ADOC, Fluxys.
Because of the strong well design and operations know-how, the peculiarities of the services provided are an enhanced problem-solving attitude and the flexibility to develop tailor-made solutions to achieve the Customer’s intended scope.
Among Oil & Gas companies, the CCS topic has been getting more and more attention, given the great impact CO2 has on global warming. In the CCS field, the company has more than 10 years of experience, starting from a 2005 Eni project aimed at evaluating the feasibility of storing the CO2 in three depleted gas fields in Italy.
The main concern around CO2 storage is that the CO2 must be permanently isolated in the reservoir, so the assessment of the sealing of well barrier elements represents a critical aspect in such context.
To address the matter, the company proposes a two-fold approach:
• Well integrity assessment, that is the assessment of the integrity of the existing wells connected with the CO2 storage reservoir, which may represent the possible leak paths for the stored gas.
• Well integrity assurance, that is the definition of the requirements of well barrier elements for new injection wells in a CO2 environment.
Still in the well integrity domain, the company is specialized in the assessment of the integrity status of natural gas storage wells.
The company has also developed a software that supports both a risk-based analysis of the current well integrity status and the estimation of the well ageing and residual life, by means of specific degradation factors applied to well barrier elements.
The company is interested in offering its well integrity services to a partner that either is already performing or is interested in setting up a CCS project in response to a future EU call as partner or supplier for ongoing and/or future project proposals.
The Italian comapny is interested in getting into touch with foreign companies operating in the Oil & Gas upstream sector, that either already own a field to convert to CO2 storage or plans to develop a brand-new field designed to store CO2.
The Italian company is interested in being involved as a partner or as a supplier and finding a potential consortium that could include from public administrations to private companies dealing with in carbon capture and storage and it’s interested in both research collaboration (as a partner in projects proposals), technical collaborations or commercial agreement with technical assistance (as a supplier).
Type (e.g. company, R&D institution…), field of industry and Role of Partner Sought:
The company seeks foreign companies operating in the Oil & Gas upstream sector, either already performing or interested in setting up a CCS project in response to a future EU call. The partner either already owns a field to convert to CO2 storage or plans to develop a brand-new field designed to store CO2. The company shall provide a fully comprehensive analysis of the feasibility of the project, in terms of well integrity, and all the necessary actions the partner needs to perform in order to safely execute the project activities.
The Italian company is interested in being involved as a partner or as a supplier and finding a potential consortium that could include from public administrations to private companies dealing with in carbon capture and storage.
The company would be interested in both research collaboration (as a partner in projects proposals), technical collaborations or commercial agreement with technical assistance (as a supplier).
Stage of Development:
Already on the market
IPR Status:
Trade Marks
External code:
TOIT20210310001