Development of new green demulsifier composition for oil production / Bello Ibrahim Garko

Thesis (Master of Chemical Engineering with Entrepreneurship) -- Universiti Malaysia Pahang - 2013

Bibliography : p. 54-56

Among the most critical aspects of petroleum production today no matter what the production system, is the separating the produced crude from water and basic sediment. Doing this in an efficient and environmentally sustainable way constitutes one of the more challenging problems in petroleum industry.About 90% of world’s produced crude is in form of oil-in-water emulsions which caused predominant problems in exploration, processing and transportation, as the presence of water with oil increases transportation cost and corrosion problem in pipe lines and vessels Today, the call for safer and greener environment has grown exponentially, creating a demand of chemicals that could be use effectively and in an environmental benign manner in the petroleum industry.Consequently the company D®-Oil Chemicals VENTURES will launch an operation infrastructure with novel production system to address the aforementioned problems and take the full advantages of the challenges associated with breaking of emulsions in an environmental friendly manner. The company has completed the design, development and testing of a novel and proprietary green product with a view to provide an everlasting solution at competitive price. This Dissertation will show how a total investment of RM 1,705,000 in a novel production system could generate a cumulative net profit of RM 37,000,000 over a five year period while maintaining sufficient level of liquidity. It is our objectives to secure an additional funding to finance the start-up as the financial projections promises a brighter and encouraging performance with estimated pay back periods of only 1.5 years.