heavy oil


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Related to heavy oil: Light oil

heavy oil

n
(Chemistry) a hydrocarbon mixture, heavier than water, distilled from coal tar
References in periodicals archive ?
However he believed that in Bahrain heavy oil could be retrieved at between $8 and $9.
This comprehensive analysis and report on global heavy oil production and outlook was conducted to provide an in-depth regional analysis of the quantities and characteristics of the various types of heavy crude oils that will be entering the market in the next 20 years.
How this 280 page report delivers: -- View global, submarket and national heavy oil market forecasts and analysis from 2014-2024 to keep your knowledge ahead of your competition and ensure you exploit key business opportunities - Global heavy oil market forecast and analysis 2014-2024 for both expenditure (USD$) and production (bpd) - The market projections and analysis of the commercial drivers and restraints will allow you to more effectively compete in the market.
The field, located in the Saiwan East area of Block 4, is estimated to hold over 1 billion barrels of heavy oil in place, said Tethys Oil in a newly released report of its upstream investments in the Sultanate.
Speaking to reports on the sidelines of the Conference, Al-Zanki said heavy oil production would contribute to maintaining the production of four million barrels, in addition to other types of oil.
The sheer extent of heavy oil resources around the world and low risk attributed to exploration makes this market particularly appealing to oil companies.
The joint venture between the National Oil and Gas Authority, Occidental Petroleum and Abu Dhabi-based Mubadala Development Company aims to tap into heavy oil in the Bahrain Field that will see production increase from some 32,000 bpd to 100,000 bpd.
The Middle East is estimated to have in place 1,000 billion barrels of heavy oil which is equivalent to 28 per cent of the estimated world total reserves,' said Dr Mirza in his keynote address at the opening session of the Heavy Oil World Mena 2010 conference at the Gulf Hotel yesterday.
He would be correct to point out that Venezuela's Orinoco Heavy Oil Belt (Orinoco Belt) is home to the largest accumulation of recoverable heavy and extra-heavy oil in the world.
A paradigm shift in the industry is underway towards process intensification where coke is removed from the heavy oil close to the production site.
A federal investment of $948,450 through Western Economic Diversification Canada (WD) will enable Lakeland College to acquire specialized simulators and equipment for its Heavy Oil Operator Technology and Heavy Oil Power Engineer processing programs.
A bench scale pilot test plant has been constructed at SONIC's demonstration facility enabling initial tests of the Company's sonic generator technology for the upgrading of heavy oil to commence.