The world’s fifth largest oil producer, Mexico, is moving into […]
The world’s fifth largest oil producer, Mexico, is moving into deeper waters – and MARINTEK is assisting the Mexicans with the necessary technology. MARINTEK is about to sign a co-operation agreement with the Mexican institute IMP, which in reality is the research division of Mexico’s state-run oil company.
“Extracting oil at depths of 1000m or more requires special expertise,” says MARINTEK senior engineer Svein Karlsen. “We have to utilise floating production and it is difficult to install things. The production lines will be long and we must face challenges like strong water currents, changing temperatures and high pressure.”
Mexico’s deep water reservoirs are predicted to be the next big oil fairy tale. MARINTEK has worked on deep water technology since the late 1980s and has previously assisted several deep water operators, including in Brazil.