Gas Natural Recovery to concentrate on oil refining operations in Bay of Campeche


Posted April 20, 2021 by gasnaturalrecovery

DISTRITO FEDERAL/MEXICO CITY - Gas Natural Recovery today announced that it plans to concentrate on oil refining operations in the Bay of Campeche in the Gulf of Mexico.

 
Gas Natural Recovery have adapted to structural changes for the demand for oil products driven by the effects caused by the ongoing COVID-19 pandemic which have led to a significant impact on Gas Natural Recovery’s drilling activities.

Gas Natural Recovery’s Chief Operations Officer commented on the refining operations saying “After thoroughly assessing all the alternatives, Gas Natural Recovery will be concentrating its core oil refining activities in the Bay of Campeche, while also continuing our refining operations in the Veracruz and Tabasco basins.”

Gas Natural Recovery’s Chief Operations Officer also added “We are actively managing appropriate solutions and Gas Natural Recovery will continue to maintain all key drilling operations. By concentrating on refining processes, we should reduce our average annual fixed costs whilst also contributing to an annual reduction of CO2e emissions which will improve our energy and process efficiency.”

About Us - Gas Natural Recovery

Gas Natural Recovery is a leading innovator in the Oil & Gas industry maximizing the energy output from exploration and production of hydrocarbons in the Americas. Gas Natural Recovery specializes in developing, testing and producing solutions which capture previously wasted energy through gas capture, conversion and flare systems which can be deployed throughout the Oil & Gas industry.

Gas Natural Recovery’s BioFlares and our NatGas Flares systems are at the leading edge of technological innovation within the Oil & Gas industry. Our integrated energy recovery systems have the ability to revolutionize the industry, redefining the traditional approach to managing gas which results from exploration for oil and through biological release.

Gas Natural Recovery applies a different approach to managing natural gas within the Oil & Gas industry. Unlike many in the industry, we do not believe that traditional burn-off flares are effective in today’s carbon conscious world. The traditional approach has been to burn the gas as an inconvenient by-product of Oil production, which increases wastage and carbon emissions, and in turn reduces the operating margins of many projects. At Gas Natural Recovery, we do not believe that this approach is an acceptable ethical buBay of Campeches practice for most Oil & Gas companies in the 21st Century.

At Gas Natural Recovery, we harness the energy reserves contained within gas which is usually burned as wastage. Gas Natural Recovery’s flare systems are designed to work in harmony with our customers’ existing operations, with the capacity to increase production, optimize operations and drastically reduce carbon emissions.
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Contact Email [email protected]
Issued By Javier Salcido
Phone +525510847465
Business Address Torre Empresarial Altiva, Bulevard Manuel Avila Camacho 138, Miguel Hidalgo, Distrito Federal, Mexico City
Country Mexico
Categories Business , Energy , Finance
Tags gas natural recovery , gas natural recovery energy , gas natural recovery mexico , gas natural recovery oil gas
Last Updated April 20, 2021