Project: Establishing CO2 enhanced Oil recovery Business Advantages in South Eastern Europe

ECO-BASE addresses the utilization of CO2 by including prospective revenue streams and related business models as a vehicle to render CO2 capture-transport-storage economically feasible. The main goal of the project is to demonstrate the ability of CO2-EOR to economically enhance oil production and serve as a revenue stream for safe and reliable permanent CO2 storage.

Acronym ECO-BASE (Reference Number: 271495)
Duration 31/08/2017 - 30/09/2020
Project Topic ECO-BASE addresses the utilization of CO2 by including prospective revenue streams and related business models as a vehicle to render CO2 capture-transport-storage economically feasible. The main goal of the project is to demonstrate the ability of CO2-EOR to economically enhance oil production and serve as a revenue stream for safe and reliable permanent CO2 storage.
Project Results
(after finalisation)
Recommendations for EOR (Enhanced oil recovery) combined with CO2 storage in the South East Europe region
Website visit project website
Network ACT
Call ACT Joint Call

Project partner

Number Name Role Country
1 IRIS Coordinator Norway
2 TNO Partner Netherlands
3 GeoEcoMar Partner Romania
4 National Technical University of Athens Partner Greece
5 Middle East Technical University Partner Turkey
6 CO2 Club Association Partner Romania
7 PicOil Partner Romania