Directa Plus signs contract to use graphene product to recover crude oil from European wells

Directa Plus recently announced that it has been awarded a supply and service contract from an unnamed international oil and gas company. The contract will involve treating and recovering crude oil from producing wells onshore across Europe.

Specifically, Directa Plus will be paid EUR150,000 to use its graphene-based Grafysorber technology, a product that is used to treat water contaminated by hydrocarbons, to treat several thousand cubic meters of sludges and by-products over the next six months.

Directa Plus and the customer expect the application of Grafysorber to improve the production process and reduce costs through recovering crude oil from sludges and avoiding disposal as an untreated waste.

"Our commercialization strategy for the key environmental sector is based on providing international oil and gas customers with a complete environmental solution and service based on our patented Grafysorber technology," said Chief Executive Officer Giulio Cesareo.

"I am pleased that we can today announce the first of what we hope will be a growing number of supply and service contracts with oil and gas producers as we seek to expand this business regionally and then globally," Cesareo added.

Posted: Jul 31,2019 by Roni Peleg