Oil India Ltd. expands biotechnology pact

May 6, 2011
Oil India Ltd. has signed a 10-year memorandum with the Energy and Resources Institute, New Delhi, to broaden an earlier agreement for research of petroleum biotechnology and new and renewable energy resources.

By OGJ editors
HOUSTON, May 6
-- Oil India Ltd. has signed a 10-year memorandum with the Energy and Resources Institute, New Delhi, to broaden an earlier agreement for research of petroleum biotechnology and new and renewable energy resources.

The state-owned oil company and institute are considering collaboration in the research of microbial enhanced oil recovery, removal of paraffin from oil-well tubing, microbial “bioprospecting” for oil, reduction of viscosity of heavy oil, mitigation of pollution through bioremediation, treatment of waste and produced water, establishment of a petroleum microbial laboratory in OIL, and new and renewable energy.

OIL said the parties might later agree to further expand the scope of their research.

The director general of the institute is R.K. Pachauri, chair of the Intergovernmental Panel on Climate Change.