The Thailand Enhanced Oil Recovery (EOR) Market is projected to grow from USD 183.63 million in 2024 to an estimated USD 333.26 million by 2032, with a compound annual growth rate (CAGR) of 7.73% from 2025 to 2032. The increasing need for optimizing oil production from mature fields and enhancing recovery rates drives market growth.
The primary drivers of the Thailand EOR market include the growing focus on maximizing oil production from aging reservoirs, technological advancements in EOR methods, and favorable government policies supporting energy security and sustainability. The adoption of innovative techniques such as CO2 injection, steam flooding, and chemical EOR processes is expected to fuel the demand for these services. Additionally, rising investments in oilfield redevelopment projects and the continued exploration of deep-water resources in the country further bolster the market’s expansion.
Geographically, Thailand is positioning itself as a key player in the Southeast Asian oil and gas industry. The market benefits from a robust oil sector, particularly in offshore exploration areas such as the Gulf of Thailand. Major players in the market include Chevron Thailand, PTTEP (Ptt Exploration and Production Public Company Limited), and other international oil companies operating in the region. These companies are leading the charge in adopting advanced EOR technologies to enhance oil recovery from aging reservoirs.
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The Thailand Enhanced Oil Recovery (EOR) market is projected to grow from USD 183.63 million in 2024 to USD 333.26 million by 2032, at a CAGR of 7.73%. This growth is driven by the increasing need to enhance recovery rates from mature oil fields.
The need to maximize oil production from aging reservoirs is a key driver for EOR adoption. As conventional methods become less effective, EOR techniques like CO2 injection and steam flooding are increasingly applied.
Continuous technological advancements in EOR techniques, such as gas injection and chemical EOR, are improving the effectiveness and cost-efficiency of oil recovery, driving market demand in Thailand.
Favorable government policies supporting energy security and sustainability in Thailand promote the use of advanced EOR methods. These policies encourage oil operators to invest in maximizing domestic oil production.
The high initial investment and operational costs associated with advanced EOR techniques pose a challenge. This makes the economic viability of EOR methods a concern for some oil companies.
The lack of adequate infrastructure in some regions, particularly for offshore oil fields, can limit the scale of EOR operations. This requires significant investment in infrastructure development to implement EOR technologies effectively.
The Gulf of Thailand is the dominant region for EOR activities, particularly in offshore fields. Central and southeastern Thailand also contribute significantly, with increasing adoption of onshore EOR techniques to boost production from aging fields.
Report Scope
This report segments the Thailand Enhanced Oil Recovery (EOR) market as follows:
Market Drivers
Increasing Demand for Maximizing Oil Recovery from Mature Fields
Thailand’s oil industry is experiencing a significant shift as it faces the challenge of maximizing production from mature fields. As these fields reach the later stages of their lifecycle, conventional oil recovery methods often become less effective in maintaining high production levels. Enhanced Oil Recovery (EOR) techniques play a critical role in boosting the production rates from these mature reservoirs by extracting more oil from already discovered and developed fields. For instance, mature oil fields globally account for approximately 70% of total production. The need to increase the productivity of these fields and extend their economic viability drives the demand for EOR technologies in Thailand. EOR methods, such as CO2 injection, steam flooding, and chemical injection, can substantially improve recovery factors, offering a cost-effective solution for oil operators in the country. Given Thailand’s reliance on domestic oil production to meet a significant portion of its energy needs, maximizing the output from mature fields is essential. EOR technologies enable oil companies to recover oil that would otherwise remain trapped in the reservoirs, making them a crucial tool for the industry. This trend is particularly prominent in the Gulf of Thailand, a region with a high concentration of mature oil fields where EOR methods are increasingly being adopted to maximize production potential.
Technological Advancements and Innovation in EOR Techniques
The continued advancement and commercialization of EOR technologies have been pivotal in driving the growth of the EOR market in Thailand. Over the years, significant technological innovations in EOR processes have made these techniques more effective and economically viable for oil operators. Methods such as CO2 injection, which involves the injection of carbon dioxide into oil reservoirs to enhance oil recovery, and chemical EOR, which uses specially designed chemicals to lower the surface tension and improve the flow of oil, have demonstrated their efficiency in boosting production rates. For instance, CO2 injection has been shown to increase recovery rates by up to 15% in certain reservoirs. These advancements have been particularly relevant in optimizing oil recovery in the country’s aging fields, where traditional recovery methods may no longer be sufficient. Technological progress has also led to the development of more sustainable and environmentally friendly EOR techniques. For instance, the integration of green technologies such as CO2 capture and storage (CCS) with EOR operations aligns with global environmental goals and helps mitigate the carbon footprint of the oil industry. As Thailand continues to embrace new technologies, the cost-effectiveness and increased production capabilities of EOR techniques are expected to play an essential role in the future of oil recovery in the country.
Government Policies and Support for Energy Security
Government policies and regulations aimed at ensuring energy security and sustainability have played a significant role in promoting the use of EOR technologies in Thailand. The Thai government recognizes the importance of maximizing domestic oil production to reduce dependence on oil imports and ensure a stable energy supply. Consequently, there has been a growing emphasis on implementing policies that encourage the adoption of advanced oil recovery methods to boost the country’s energy self-sufficiency. The Thai government has been proactive in fostering an environment conducive to investment in the oil and gas sector, including offering fiscal incentives and regulatory support to encourage the use of EOR techniques. Moreover, Thailand’s commitment to meeting its energy demand through the diversification of sources, including enhanced oil recovery, aligns with its broader national energy policy. With Thailand’s energy sector focusing on reducing its carbon footprint and increasing oil recovery efficiency, the government has shown a preference for integrating advanced EOR technologies that can help sustain oil production without causing environmental harm. The country’s dedication to energy security and the diversification of its energy mix makes the EOR market an attractive and growing sector in the nation’s oil and gas industry.
Increasing Investments in Oilfield Redevelopment Projects
A key driver of the Thailand Enhanced Oil Recovery market is the increasing investments in oilfield redevelopment projects, particularly in offshore oil fields. As the country faces a gradual decline in production from older oil fields, investments are being channeled into revitalizing these assets and improving their productivity through the application of EOR technologies. Redeveloping aging oil fields is often less costly than exploring and developing new oil fields, making it a more economically attractive option for oil operators in Thailand. The trend toward oilfield redevelopment is driven by the need to maximize the value of existing assets. EOR methods offer an efficient solution for increasing the recovery factor of these fields and improving the economic return on investment. Thailand has seen several major redevelopment projects in the Gulf of Thailand, where oil companies are increasingly applying EOR methods to enhance oil production from these mature fields. The ongoing efforts to optimize oil recovery in these regions through technological innovation and strategic investments are expected to continue driving the growth of the EOR market.
Market Trends
Growing Adoption of CO2 Injection in Enhanced Oil Recovery
The use of CO2 injection is rapidly gaining traction in Thailand’s Enhanced Oil Recovery (EOR) market. CO2 injection involves injecting carbon dioxide into oil reservoirs to improve the flow of oil and enhance recovery. This method is particularly effective in mature fields where traditional recovery techniques are no longer sufficient. For instance, studies in the Gulf of Thailand have demonstrated that CO2 injection can achieve recovery factors as high as 48.1% when combined with water alternating gas (WAG) techniques. This trend is driven by the method’s effectiveness in maximizing oil recovery and its potential to improve the economic viability of older fields. As Thailand seeks to improve its energy security and reduce reliance on oil imports, CO2 injection has emerged as a strategic solution to optimize domestic oil production. Additionally, with rising environmental concerns, CO2 injection is seen as a method that aligns with global sustainability goals by facilitating the capture and storage of carbon emissions.
Integration of Chemical EOR Techniques
Chemical Enhanced Oil Recovery (EOR) is another technique gaining momentum in Thailand as oil companies look to enhance recovery from mature reservoirs. Chemical EOR involves injecting various chemicals, such as surfactants, polymers, or alkaline solutions, into the reservoir to reduce surface tension and improve oil flow. For instance, pilot projects in Thailand have shown that surfactant injection can effectively reduce oil saturation in reservoirs, leading to improved recovery rates. This technique is particularly effective in reservoirs with low permeability, where conventional methods fail to recover significant oil volumes. The use of chemical EOR is seen as an important strategy to boost production from aging fields in Thailand, especially in offshore areas. Oil operators are increasingly incorporating this method into their recovery strategies due to its cost-effectiveness and ability to significantly improve recovery factors. Additionally, as the Thai oil industry looks to extend the life of its oil fields, chemical EOR offers a viable solution to enhance production and reduce the need for new exploration. With ongoing technological advancements and improved understanding of chemical EOR processes, Thailand is expected to see a rise in the adoption of this technique to maximize output from existing oil assets.
Focus on Environmentally Sustainable EOR Methods
Environmental sustainability is becoming a key focus in the Thailand Enhanced Oil Recovery market, with an increasing push toward greener technologies and practices. This trend is driven by the growing need for oil companies to minimize their environmental footprint while maximizing recovery from mature reservoirs. In particular, the integration of CO2 capture and storage (CCS) technologies with EOR operations has garnered attention as a way to reduce greenhouse gas emissions. By capturing and storing CO2 injected into reservoirs, oil companies can not only enhance recovery but also reduce the environmental impact of their operations. This trend aligns with Thailand’s broader commitment to sustainability and reducing carbon emissions. Additionally, as the global oil industry faces increasing scrutiny over its environmental practices, adopting environmentally responsible EOR methods is becoming a strategic imperative. The Thai government has also shown support for such initiatives through policies encouraging the use of sustainable technologies in oil recovery. As the industry seeks to balance production optimization with environmental responsibility, the demand for sustainable EOR practices is expected to rise in Thailand’s oil market.
Investment in Digital Technologies for EOR Optimization
Digital transformation is playing a critical role in the optimization of Enhanced Oil Recovery (EOR) in Thailand. Oil companies are increasingly adopting advanced digital technologies such as Artificial Intelligence (AI), machine learning, and data analytics to optimize EOR processes. These technologies allow for real-time monitoring and predictive analytics to better understand reservoir behavior, improve decision-making, and optimize EOR techniques. AI and machine learning can be used to analyze large datasets from oil reservoirs to predict the most effective EOR methods for each field. By leveraging digital technologies, oil companies can increase the efficiency of CO2 injection, chemical EOR, and other recovery techniques, ensuring they are applied at the right time and in the most effective manner. This digital approach also helps in reducing operational costs, improving safety, and enhancing recovery rates. Thailand’s oil operators are increasingly investing in these technologies to enhance the productivity of their oilfields, particularly in the context of aging fields where optimization is key to maintaining profitable operations. As the digital landscape continues to evolve, these technologies will become an essential tool for the success of EOR projects in Thailand.
Market Challenges
High Operational Costs and Economic Viability of EOR Techniques
One of the significant challenges faced by the Thailand Enhanced Oil Recovery (EOR) market is the high operational costs associated with EOR techniques. For instance, CO2 injection involves substantial costs not only for CO2 sourcing but also for transportation and injection infrastructure. In a study by the International Energy Agency (IEA), it was reported that the cost of CO2 transportation and injection can range from USD 15 to USD 25 per tonne of CO2 injected, depending on the distance and reservoir conditions. Similarly, chemical EOR methods often require considerable investment in the development, application, and monitoring of specialized chemicals. The cost of surfactants and polymers used in chemical flooding can amount to USD 200–300 per ton, adding to the operational burden. For Thailand’s oil industry, particularly in the context of its aging fields, the economic viability of these techniques is often scrutinized. For example, in offshore oil fields, the capital expenditures for CO2 injection projects are reported to range from USD 30 million to USD 50 million per well, making it a significant financial commitment. Operators must ensure that the increase in oil recovery justifies these high capital and operational expenditures. Moreover, fluctuating oil prices add another layer of financial uncertainty, as oil prices below USD 50 per barrel may limit the profitability of high-cost EOR methods. Overcoming these financial hurdles will require ongoing technological advancements to lower the cost of EOR methods, with the potential for more cost-effective solutions emerging as technology evolves and economies of scale are achieved.
Limited Infrastructure and Technological Expertise
Another challenge facing the Thailand Enhanced Oil Recovery market is the limited infrastructure and technological expertise required to implement EOR techniques effectively. EOR methods, particularly those involving CO2 injection and chemical processes, require specialized infrastructure such as injection wells, CO2 capture and transportation facilities, and advanced monitoring systems. In many cases, Thailand’s oilfields, particularly offshore fields, may not have the existing infrastructure to support these advanced recovery methods. The construction of the necessary facilities and infrastructure involves considerable investments, which can delay the deployment of EOR projects. Additionally, there is a shortage of local technological expertise in the field of EOR. While international companies with extensive experience in EOR techniques are operating in Thailand, there is a lack of local expertise in implementing and managing these advanced technologies. This creates challenges in the deployment, maintenance, and optimization of EOR techniques, limiting their efficiency. The need for skilled personnel and the transfer of technology to local workers is critical to overcoming this challenge. Without adequate training and development programs to enhance the technological capabilities of local experts, the full potential of EOR techniques in Thailand may remain underutilized. Addressing these infrastructure and expertise gaps is essential for the successful scaling of EOR methods in the country.
Market Opportunities
Expansion of Offshore Oil Fields and Mature Reservoirs
One of the key market opportunities for the Thailand Enhanced Oil Recovery (EOR) market lies in the expansion of offshore oil fields and the optimization of mature reservoirs. The Gulf of Thailand, which holds a significant portion of the country’s oil reserves, contains many aging fields that are increasingly becoming less productive with traditional recovery methods. As the need to maximize the output from these fields grows, there is a substantial opportunity for EOR techniques to extend the life of these mature reservoirs. The application of CO2 injection, steam flooding, and chemical EOR methods can help increase recovery rates and improve the overall productivity of these offshore oil fields. As Thailand focuses on boosting its energy security and reducing reliance on imported oil, there is significant potential for EOR to contribute to the nation’s oil production. The continued exploration of deep-water and subsea reserves also presents an opportunity for the integration of advanced EOR techniques to maximize recovery from these untapped resources.
Government Initiatives and Policy Support for Sustainable Energy Practices
The Thai government has been increasingly focusing on energy security and sustainability, which provides a growing market opportunity for EOR in the country. Thailand’s national energy policies encourage the adoption of advanced technologies, including those aimed at optimizing oil recovery while reducing environmental impact. The integration of CO2 capture and storage (CCS) with EOR methods aligns with the government’s goals of reducing carbon emissions and promoting environmentally responsible energy practices. Moreover, the government’s support for innovative oilfield technologies through fiscal incentives and regulatory frameworks presents an opportunity for oil companies to invest in EOR techniques without significant financial burden. As the Thai government continues to prioritize sustainable energy solutions, the market for EOR technologies is expected to grow, providing both economic and environmental benefits.
Market Segmentation Analysis
By Application
The Thailand Enhanced Oil Recovery (EOR) market can be segmented based on application into onshore and offshore oil fields. The onshore segment holds a significant share of the market. Onshore oil fields in Thailand, particularly in areas with mature reservoirs, are increasingly adopting EOR methods to optimize recovery from aging fields. These fields are facing declining production rates, making EOR a crucial technique to enhance recovery and extend the productive life of the reservoirs. In contrast, the offshore segment, represents a growing opportunity for EOR, particularly in the Gulf of Thailand. Offshore fields require more advanced and specialized EOR methods, such as CO2 injection and chemical flooding, due to the complex geological conditions. The offshore segment is expected to experience higher growth due to ongoing exploration and investment in deep-water oil reserves, providing a significant opportunity for EOR technologies to enhance production.
By Technology
The EOR market in Thailand is further segmented by technology, including thermal, gas injection, chemical, and other EOR techniques. The thermal EOR segment leads the market, accounting for 58% of the total market share. Thermal methods, particularly steam injection, are highly effective in increasing the mobility of heavy oil, making it easier to extract from mature fields. Steam flooding is widely used in both onshore and offshore oil fields in Thailand, driving the demand for thermal EOR techniques. The gas injection segment, includes techniques such as CO2 injection, which helps improve oil recovery by reducing the viscosity of the oil. Gas injection is increasingly being adopted in Thailand, particularly in offshore fields where CO2 can be injected to enhance production rates. The chemical EOR segment, involves the injection of chemicals such as surfactants, polymers, and alkaline solutions to improve the efficiency of oil recovery. Chemical EOR is gaining traction in Thailand as it proves to be effective in reservoirs with low permeability or complex geology. Other EOR methods, including microbial EOR and hybrid techniques, contribute to the remaining portion of the market but remain niche in comparison to the more widely used thermal, gas, and chemical methods.
Segments
Based on Application
Onshore
Offshore
Based on Technology
Thermal
Gas Injection
Chemical
Others
Based on Region
Gulf of Thailand
Central and Southeastern Thailand
Northern and Northeastern Thailand
Regional Analysis
Gulf of Thailand (60%)
The Gulf of Thailand is the most prominent region for EOR activities, accounting for approximately 60% of the total market share. This region is home to some of the country’s largest offshore oil fields, many of which are mature and experiencing a decline in production. As a result, EOR techniques are widely adopted in these fields to optimize oil recovery. The offshore oil fields in this region are well-suited for advanced EOR methods such as CO2 injection, steam flooding, and chemical EOR, which significantly enhance oil recovery from these complex reservoirs. The Gulf of Thailand is expected to maintain its dominance in the EOR market due to ongoing investments in offshore exploration and production, with major oil companies operating in this region to maximize output and extend the life of existing fields.
Central and Southeastern Thailand (25%)
Central and southeastern Thailand account for approximately 25% of the market share, with a significant portion of the oil fields located in these regions being onshore. While the focus of EOR methods has traditionally been offshore, onshore oil fields in these areas are also witnessing an increasing application of thermal EOR techniques such as steam flooding. These regions contain aging onshore reservoirs that require optimization to improve production rates. Thermal EOR, particularly steam injection, has proven to be an effective method for increasing the recovery of heavy oil in these fields. As onshore fields face similar challenges as their offshore counterparts in terms of declining production, EOR adoption is expected to rise in these regions as well, making a notable contribution to the overall market.
Key players
PetroThailand Company Limited
Thailand Petroleum & Chemical Corporation (Sinopec)
Oil and Natural Gas Corporation (ONGC)
Bharat Petroleum Corporation Limited (BPCL)
CNOOC Limited
PT Pertamina (Persero)
Woodside Petroleum
Santos Limited
Petronas
Cairn Thailand Limited
Competitive Analysis
The Thailand Enhanced Oil Recovery (EOR) market is highly competitive, with several key international and regional players vying for market share. PetroThailand Company Limited and Thailand Petroleum & Chemical Corporation (Sinopec) are prominent domestic and regional players, leveraging their extensive infrastructure and technological expertise in the Thai oil sector. Meanwhile, global giants such as Oil and Natural Gas Corporation (ONGC), Bharat Petroleum Corporation Limited (BPCL), and CNOOC Limited bring significant technical resources and capital investment, helping them lead in advanced EOR methods like CO2 injection and chemical EOR. PT Pertamina (Persero) and Woodside Petroleum further strengthen the competitive landscape with their deep-water exploration expertise and involvement in sustainable EOR practices. Additionally, companies like Petronas and Cairn Thailand Limited contribute to the market’s diversification, utilizing their global knowledge in offshore oilfield management and innovative recovery techniques. The combination of technological innovation, strategic partnerships, and large-scale investments will shape the competitive dynamics of the Thai EOR market.
Recent Developments
InApril 2025, Shell and SLB (formerly Schlumberger) announced a partnership to deploy Petrel subsurface software across Shell’s assets worldwide. This collaboration aims to enhance digital capabilities and drive operating cost efficiencies, potentially impacting EOR projects.
InApril 2025, Eni confirmed a significant oil discovery at the Capricornus 1-X well in Namibia’s Orange Basin. The well found 38 meters of net pay with good petrophysical properties, indicating potential for future EOR applications.
In2024, TotalEnergies reported a 23% increase in net electricity production and invested $4 billion in Integrated Power. This growth contributed to lowering the lifecycle carbon intensity of the company’s energy products sold by 16.5% in 2024 compared to 2015, aligning with its sustainability and climate objectives.
InMarch 2025, Equinor announced plans to drill 600 improved oil recovery wells and about 250 exploration wells to maintain production on the Norwegian Continental Shelf towards 2035.
InJanuary 2025, OMV continued its Enhanced Oil Recovery program with carbon dioxide injection on Ivanić and Žutica fields.
InApril 2025, MOL Group continued its EOR program with CO₂ injection on Ivanić and Žutica fields, and installed a new steam turbine at the Molve plant to decrease electrical energy purchase and reduce CO₂ emissions.
Market Concentration and Characteristics
The Thailand Enhanced Oil Recovery (EOR) market exhibits a moderate level of concentration, with a mix of domestic and international players dominating the sector. Key industry players, such as PetroThailand Company Limited, Thailand Petroleum & Chemical Corporation (Sinopec), and global giants like ONGC, BPCL, and CNOOC, hold substantial market shares due to their advanced technological capabilities, extensive resources, and operational expertise in offshore and onshore oilfields. The market is characterized by its heavy reliance on advanced EOR techniques, including thermal, gas injection, and chemical processes, which are essential for optimizing production from mature and aging fields. Given Thailand’s focus on energy security and sustainability, companies are increasingly incorporating environmentally responsible technologies, such as CO2 capture and storage, into their operations. Despite the presence of several large players, the market remains open to new entrants who can bring innovative EOR solutions to address the challenges of declining oil production and meet growing energy demands in the region.
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The research report offers an in-depth analysis based on Application, Technology and Region. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.
Future Outlook
As Thailand seeks to optimize oil production from aging fields, advanced EOR methods like CO2 injection and chemical flooding are expected to see widespread adoption. These technologies will enhance recovery rates and prolong the life of mature reservoirs.
With the Gulf of Thailand holding significant offshore reserves, investment in offshore exploration and EOR methods will increase. The focus will be on maximizing production from these complex reservoirs using state-of-the-art techniques.
The Thai government is expected to continue supporting sustainable EOR practices, such as CO2 capture and storage, to meet environmental goals while enhancing oil recovery. This will drive adoption of greener EOR technologies.
Advancements in EOR technologies, such as digital solutions and AI-driven analytics, will play a crucial role in improving the efficiency and cost-effectiveness of recovery processes. These innovations will boost productivity and optimize operations.
As global oil prices rise, Thailand’s EOR market is expected to benefit from increased profitability, encouraging further investments in recovery technologies. Higher prices will make EOR projects more economically viable for operators.
Although offshore fields dominate, onshore oilfields in Thailand are expected to see increased adoption of thermal EOR methods like steam flooding. Onshore fields will play a larger role in Thailand’s overall EOR market growth.
The need to optimize output from aging oil fields will remain a primary driver of EOR market growth. As conventional recovery methods become less effective, more operators will turn to EOR solutions to maximize production from mature reservoirs.
Global players in the oil industry will form strategic partnerships with Thai companies to implement advanced EOR methods. These collaborations will bring in the expertise and technology needed to scale up EOR efforts.
Hybrid EOR techniques combining thermal, gas injection, and chemical methods will emerge as a key trend. These combined approaches will be tailored to maximize recovery in complex reservoirs, enhancing overall recovery rates.
As environmental regulations become stricter, EOR methods that reduce carbon footprints and environmental impacts, such as CO2 injection and enhanced monitoring systems, will be increasingly prioritized in Thailand’s oil recovery strategies.
What is the market size of the Thailand Enhanced Oil Recovery (EOR) Market in 2023?
The Thailand EOR market was valued at approximately USD 183.63 million in 2024, and it is expected to grow to USD 333.26 million by 2032, with a CAGR of 7.73% from 2025 to 2032.
What are the primary drivers of the Thailand Enhanced Oil Recovery (EOR) Market?
The key drivers include the need to optimize oil production from aging reservoirs, advancements in EOR technologies, and favorable government policies supporting energy security and sustainability.
Which regions contribute the most to the Thailand EOR market?
The Gulf of Thailand is the leading region for EOR activity, particularly in offshore oil fields. Onshore oilfields in central and southeastern Thailand also contribute significantly to market growth.
What are the main EOR technologies used in Thailand?
The most widely used EOR techniques in Thailand include CO2 injection, steam flooding, and chemical EOR processes, which help enhance recovery from mature oil fields.
Who are the key players in the Thailand Enhanced Oil Recovery (EOR) Market?
Major players in the market include Chevron Thailand, PTTEP (Ptt Exploration and Production Public Company Limited), and various international oil companies focusing on advanced EOR technologies to maximize oil recovery.
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