"The $200 million pilot project will be conducted for two years, starting at the end of the year," Kardaya said, adding that BP Migas recently met technology experts in Chevron's headquarters in Houston.
Chevron currently uses steam flood injection to retrieve oil from Minas field. However, its success has faded. Chevron then tried using a type of surfactant chemical.
"If the field test proves to be a success, the same technology can be used for other aging fields, like the ones operated by Pertamina or Medco," Kardaya said.
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