Latest Africanss News/February 12, 2019/ Frank Ikpefan, Abuja /No Comment/139 views Algeria: Better Valuation of Hydrocarbons Through Modern Technologiesshare on:FacebookTwitter Google +Pinterest Tumblr Linked InEmailSend to Email Address:Your NameYour Email AddressEmail check failed, please try againCancel Algiers — The national mining sector in hydrocarbons should rely on the modern techniques and technologies in order to batter valuate the resources which remain “under -explored” by Algeria, said Monday Minister of Energy Mustapha Guitouni. In an address read on his behalf by the Ministry’s Chief of Staff Zoubir Djouabri, during a technical workshop on geosciences, the minister said that the “main objective which guides the sector’s policy is to valuate the new hydrocarbon reserves, including those accessible through the improvement of recovery rates in mature oil pools.” ALSO READ Slick Man City On Brink Of Title After Sinking SpursAccording to Guitouni, the mining domain of hydrocarbons encompasses several mature pools, cumulating several decades of production. This requires the introduction of new technologies with assisted recovery techniques in order to better the performances. “Our oldest hydrocarbon deposits, like Hassi Messaoud and Hassi R’mel pools, have been producing by continuity for decades and still harbor significant reserves to be exploited,” he said. In this regard, he insisted on the importance of taking advantage of the existing technical and technological solutions, by further involving scientists and experts so to protect the middle- and long-term energy independence of Algeria. ALSO READ Celeb Edition with Chabo Butale “It is true that the discovery of large pools has genuinely made paved the way for new approaches imposed by geological, technical and technological conditions, like the improvement of recovery rates,” added Guitouni. During the latest oil crisis, technology and innovation had represented the “main assets for the sector companies to guarantee their survival.” “The vast Algerian hydrocarbon mining sector remains under-explored, only one-third of this field is explored, while two-thirds will be explored in the future and will confirm the great potentialities of the national mining sector”, he said. ALSO READ Kenya: Kalonzo in Juba to Take Up South Sudan Peace Monitoring RoleOrganized by Alnaft in collaboration with the European Association of Geoscientists and Engineers (EAGE), this technical workshop on geosciences, which is held from 28 to 30 January, brings together experts and specialists in the field of exploration to discuss the different topics related to enhanced oil recovery in mature fields and the assessment of deep reserves. Leave A Comment Below Related share on: FacebookTwitter Google +Pinterest Tumblr Linked InEmailSend to Email Address:Your NameYour Email AddressEmail check failed, please try againCancel previous articleAfrica: Senegalese FA Evaluating Co-Organising 2025 Nations Cup With Guinea, Gambia or Mauritanianext articlePlease Drop Election Boycott, Participate In Elections – Ohanaeze Youths Begs IPOBRelated PostsLatest Africanss News/February 22, 2019 /No Comment Mauritania: Dr. Al-Dirdiri Receives Copy of Credentials of Mauritania AmbassadorLatest Africanss News/February 22, 2019 /No Comment Is spicy Omoyele Sowore the “deviant” Nigeria needs? – African ArgumentsWestern Sahara: Algeria and South Africa Renew Their Support to Saharawi People Right to Self-Determination and FreedomWhy do faculty members protesting in Sabha University?COMESA, EU sign €10m facility to support private sector – Daily News EgyptSenegal: Suspicions Cloud Senegal’s Upcoming ElectionAfrica: In West Africa, UN Security Council Visits Côte d’Ivoire and Guinea-BissauEntrevista con el Coordinador de la Ventanilla Única EmpresarialBurkina Faso: President Chooses New Prime MinisterCote d’Ivoire: ICC Appeals Chamber Places Conditions on Gbagbo’s Release Leave a Response Cancel reply CommentName Email Notify me of follow-up comments by email. Notify me of new posts by email.