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 | Türkiye |
| 6 | CO2 Club Association | Partner | Romania |
| 7 | PicOil | Partner | Romania |