Brazilian Invention Lowers Price of Pumped Oil

A new device capable of simultaneously injecting steam and extracting petroleum from wells and cutting costs was invented by the Petroleum Engineering Company (Engepet), a small firm based in the northeastern Brazilian state of Sergipe.

"It is necessary to maintain the pressure inside the well for pumping the oil. Usually, this is accomplished by drilling a second well for steam injection, which heightens the operational cost," explains businessman Cléber Bahia.

The equipment, named "BPZ," was created and patented by engineer Zadson Almeida Franco, one of Engepet's owners. "It is a worldwide pioneering product, claims Cléber Bahia.

The company integrates the Petroleum and Gas Chain Project, a partnership between the Brazilian Micro and Small Business Support Service (Sebrae) and Petrobras for capacitation of suppliers in the sector.

After Engepet set out to improve its management and quality, in 2003, the company revenues increased 600%, also due to the innovative nature of their products.

Presently, the company is working together with the Petrobras Research and Development Center, to develop a generator for injecting steam into wells. The current method consists of producing steam in a boiler located on the surface. The new idea will enable production of steam in the well.

"Is is another way of cutting costs, which, in structures such as these, are in the millions," says the businessman.

Even with all the technology, gaining new markets has not been easy for Engepet. The company has a hard time selling to Petrobras units outside the state and broadening its field of action.

"This is an extremely conservative market, featuring large investments and reliance on well-known suppliers," says Cléber. According to him, when the time comes to negotiate, bearing the Petroleum and Gas Chain Project name makes a difference.

Engepet
Telephone: (+55 79) 3246 2678
Website:
www.engepet.com.br

Tags:

You May Also Like

Lula’s Cabinet May Change But Not Brazil’s Commitment to South-South Business

Approximation with other emerging countries will remain among the foreign trade policy priorities during ...

Foreign Tourism Grows 10% and Hits New Record in Brazil

Foreign tourists who visited Brazil during the month of February generated a turnover of ...

LETTERS

Brazil—at its current level of almost a trillion reais a year, five thousand reais ...

Brazil's National Anthem

In Defense of Brazil’s Beautiful and Moving National Anthem

When I told my Brazilian wife about an article I read recently bashing her ...

2009, a Banner Year for Brazilian Stocks (Up 83%) and the Real (Up 34%)

Brazil’s stocks performance in 2009 has been one of the highest in the world ...

Lack of Land Is Major Reason for High Mortality Among Brazilian Indians

The Brazilian Indianist Missionary Council (CIMI) registered the murders of 38 Indians last year ...

Brazil Wants Portugal Help in Mercosur-EU Free Trade Agreement

In Porto, Portugal, today, Brazilian President Luiz Inácio Lula da Silva asked for Portuguese ...

Brazil Lost Credibility by Threatening to Break Patents and Never Doing It

The costs to Brazil would have been greater if, over the course of time, ...

18-24 Year Old Brazilians Get Chance to Go to Elementary School

Brazil’s National Youth Inclusion Program (ProJovem) expects to benefit 200,000 young Brazilians in the ...

Transport Is Main Barrier Between Arabs and Brazil

Even though negotiations between South American and Arab countries are naturally difficult because of ...