Energy minister patronises SIG meeting

Manama, Apr. 10 (BNA): Dr. Abdul Hussain bin Ali Mirza, Minister of Energy, patronised the meeting of BBBF’s Special Interest Group (‘’SIG’’) for Oil, Gas and Energy sector professionals last night. BBBF Chairman Khalid Al Zayani OBE welcomed Dr. Mirza and Simon Martin CMG, the British Ambassador to Bahrain, to the meeting. The BBBF’s ‘’SIG’’ for Oil, Gas and Energy professionals was established last year to facilitate networking and exchange of information amongst industry colleagues and is sponsored by local Bahrain company OAK Utility Solutions and Development (OAK). The Oil, Gas and Energy industry's importance to trade links and economic synergies, locally within Bahrain, Saudi Arabia, and throughout the GCC, led to the formation of the group. The presentation was held in conjunction with the Bahrain British Business Forum (BBBF) and the British Business Association (BBA) from the Eastern Province of Saudi Arabia. 70 BBBF and BBA members and their guests, including several industry leaders, attended the event. The presentation was facilitated by ‘’SIG’’ Head, Mr. Simon Bromyard of OAK, and featured keynote speakers, Abdul-Rasheed Omidiya , Duane Ragbir, from OAK’s JV Partner, EARTH Environment Services (EARTH), and Antonio Amaral. The presentation focused on the challenges faced by operators managing mature brown-fields, introducing a new and patented technology for artificial lift called ‘’BPZ’’ Pneumatic Pumping System, invented by Mr. Zadson Franco under patent and development with PETROBRAS–CENPES. The BPZ technology is designed for artificial lifting within oil wells and works in cycles of compression and decompression of gas, using the compressed gas available in the field. Usage of the BPZ technology commenced with key installations on over 230 wells in South America and due to the continuous success of the technology on multiple worldwide installations, 2015 brought a contract opportunity, under negotiation, to install the BPZ technology on a further 3,000 wells, thus moving from mechanical pumps to BPZ to achieve savings on well maintenance, as well as increase production. The technology is adaptable and easy to install and is ideal for GCC oil field conditions with its successes of achieving great results, increasing production efficiency by up to 500%. The rights to commercialise the BPZ technology worldwide is represented under alliance in the Middle East by Earth and its JV Partner, OAK.