FOR IMMEDIATE RELEASEPressnews.biz (Press Release) May 13, 2014 -- Rapid depletion and ageing of crude oil fields has been pressurizing oil producers to figure out new ways to acquire more oil from discovered oil & gas reserves. The growing importance of extracting oil from existing oil fields has led to continued growth, determining the Enhanced Oil Recovery (EOR) market development. A recent market report on EOR states that, the revenue of EOR technology is expected to reach USD 516.7 billion by 2023 and is anticipated to grow at a CAGR of 26.7% between 2013 to 2023. Addressing EOR Technological Developments till date, Fleming Gulf is organising the 3rd Global Innovative EOR Techniques Conference on 20 - 21 October in Abu Dhabi, UAE.
|Issued By||:||Fleming Gulf|
|Business Address||:||Fleming Gulf Dubai Airport Free Zone P.O. Box 54772 Dubai, U.A.E.
|Country||:||United Arab Emirates|
|Tags||:||oil and gas reserves, Enhanced Oil Recovery, EOR Technology, 3rd Global Innovative EOR Techniques Conference, Breitling Oil and Gas, TIORCO-NALCO, Petroleum Development Oman, MOL Group|
|Last Updated||:||May 13, 2014|
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