BASF creating dedicated global business development unit for enhanced oil recovery
As part of a larger reorganization of its Global Oilfield and Mining Solutions business, BASF is establishing a dedicated Global Enhanced Oil Recovery (EOR) Business Development unit.
The dedicated Global Business Management for Oilfield Solutions unit (which now includes exploration, production and EOR) will be relocated to Houston, Texas, United States, led by Denise Joost. “Houston is recognized as the global hub for the oil and gas industry. With this move, we will be closer to our customers allowing us to work together to set market trends, not just follow them,” said Joost.
The Regional Mining Solutions organizations will also be strengthened by shifting business responsibilities into the strongest regional and local markets. The Regional Business Management Asia Pacific will move from Hong Kong, China to Melbourne, Australia. The Regional Business Management in Santiago de Chile, Chile; Houston, Texas and Ludwigshafen, Germany will remain located where they are today.
BASF’s Oilfield Solutions group develops next-generation surfactants and polymers, designed to support enhanced oil recovery (EOR) operations by means of chemical injection. Its new chemistries address demanding field conditions such as high temperature and/or high salinity.
BASF Mining Solutions offers an extensive range of mineral processing reagents. BASF is a global business and currently the strengths are in solid/liquid separation and solvent extraction; however it also offers reagents for flotation, dispersing, agglomerating and others.
Source : greencarcongress.com