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Clariant Bags Oil Field Services Contract in Indonesia

6:01 AM MST | January 15, 2010 | Deepti Ramesh

Clariant says its Clariant Oil Services business unit has signed an oil services contract to supply Chevron-Duri in Indonesia, with products and services for the Duri steam flood. The four-year contract, which took effect on December 12, 2009, is valued at about $65 million, and it covers the supply of chemicals, including demulsifiers, deoilers and flocculent chemicals, as well as scale and corrosion inhibitors, surfactants and resins. Steam flooding is an enhanced oil recovery method that injects steam into the reservoir to increase oil recovery, Clariant says...

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