Renewables

Oil company Mazarine Energy developing geothermal project for oil, gas wells in Romania

mazarine energy romania oil well geothermal

Photo: Mazarine Energy

Published

May 19, 2021

Country

Comments

0

Share

Published:

May 19, 2021

Country:

Comments:

0

Share

Oil and gas company Mazarine Energy has started a project for using geothermal energy by repurposing some of the current oil and gas wells in its Romania’s portfolio.

Mazarine Energy operates 28 oil and gas fields in Romania as well as five gas-to-power units with a total installed capacity of 8.3 MW, according to the company’s website.

Many companies in the petroleum industry have already started developing geothermal projects or they plan to do it

Many companies in the petroleum industry have already started developing geothermal projects or they plan to do it, and Mazarine is among companies with such interest in Romania, said Spencer Coca, country manager at Mazarine Energy and president of the Romanian Petroleum Exploration and Production Companies Association (ROPEPCA), Energynomics reported.

Mazarine will stop oil production in three fields and use them for geothermal projects

According to Coca, Mazarine will abort oil production in three wells near the Bucharest ring road and use them for geothermal projects. The company is cooperating with a firm from the United Kingdom, specialized in geothermal technology that is using closed-loop systems with heat pumps that are placed inside the well. The system requires only one well instead of one for injection and another for production.

Geothermal projects cannot be developed on a large scale without the involvement of the oil industry

“This is the future,” Coca said, claiming that from a cost perspective, it’s much more effective to use such a system than to start drilling injection wells that are very expensive.

He said geothermal projects cannot be developed on a large scale without the involvement of the oil and gas industry. In his view, it is as an opportunity for the industry to participate in the energy transition.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

BiH digitalization speed up investments

BiH turns to digitalization to speed up investments

01 October 2022 - A new application provides a customized guide for specific projects, with a list of permits, consents and other necessary documentation

Joint venture for floating offshore wind farm in Adriatic of 525 MW

Joint venture for 525 MW floating offshore wind farm in Adriatic Sea

30 September 2022 - Galileo and Hope Group formed a joint venture to develop the Lupiae Maris project for a 525 MW floating wind farm in the Italian Adriatic

Wind turbine Siemens Gamesa lay off 10 workforce

Wind turbine giant Siemens Gamesa to lay off 10% of workforce

30 September 2022 - Delivery delays and the rise in material costs forced Siemens Gamesa to cut 2,900 jobs as part of its restructuring plan

Wastewater treatment plant i Leskovac starts power production from biogas

Wastewater treatment plant in Leskovac starts producing power from biogas

30 September 2022 - The trial operation of the water, and sludge lines of the facility has been finished, and gas generators have been put into trial operation