Aramco and Mazda to develop more efficient engines

Mazda and Saudi Aramco have teamed up to produce more efficient egnines. (Reuters)
Updated 08 August 2018

Aramco and Mazda to develop more efficient engines

  • Pair aim to reduce CO2 emissions
  • Aim to complete work by end of fiscal year 2020

LONDON: Saudi Aramco has teamed up with Mazda to develop more efficient engines as they seek to reduce their environmental impact.

The pair will work with the National Institute of Advanced Industrial Science and Technology (AIST) to boost engine efficiency and reduce carbon dioxide emissions, Saudi Aramco said in a statement.

“This cooperative research with Mazda and AIST underscores our shared commitment to delivering advanced technology solutions that make a significant impact on real-world issues,” said Aramco Chief Technology Officer Ahmad Al-Khowaiter.

The internal combustion engine is facing increased competition from electric vehicles as automakers come under more pressure to reduce their environmental impact by making cars which burn less fuel and produce less harmful greenhouse gases.

National oil companies are also becoming part of that process as they seek to develop more efficient fuels.

Al-Khowaiter said that new engine technologies continue to prove that improving the internal combustion engine remains the most cost-effective and timely means to reduce greenhouse gas emissions from the transport sector, with the potential to yield “dramatic” results.

The partnership will see Aramco provide low carbon-content new fuels while Mazda will focus on building a high-efficiency advanced prototype engine.

Saudi Aramco has devoted years of intensive investment to co-developing fuels and engine research, as part of its global Transport Technology program.
Mazda’s advanced prototype engine is based on a Compression Ignition engine with ultra-lean burn combustion.

Libya’s National Oil against paying ‘ransom’ to reopen El Sharara field

Updated 14 December 2018

Libya’s National Oil against paying ‘ransom’ to reopen El Sharara field

  • Ransom payment would set dangerous precedent
  • NOC declared force majeure on exports on Monday

BENGHAZI: Libya’s state-owned National Oil Corp. (NOC) said it was against paying a ransom to an armed group that has halted crude production at the country’s largest oilfield.
“Any attempt to pay a ransom to the armed militia which shut down El Sharara (oilfield) would set a dangerous precedent that would threaten the recovery of the Libyan economy,” NOC Chairman Mustafa Sanalla said in a statement on the company’s website.
NOC on Monday declared force majeure on exports from the 315,000-barrels-per-day oilfield after it was seized at the weekend by a local militia group.
The nearby El-Feel oilfield, which uses the same power supply as El Sharara, was still producing normally, a spokesman for NOC said, without giving an output figure. The field usually pumps around 70,000 bpd.
Since 2013 Libya has faced a wave of blockages of oilfields and export terminals by armed groups and civilians trying to press the country’s weak state into concessions.
Officials have tended to end such action by paying off protesters who demand to be added to the public payroll.
At El Sharara, in southern Libya, a mix of state-paid guards, civilians and tribesmen have occupied the field, camping there since Saturday, protesters and oil workers said. The protesters work in shifts, with some going home at night.
NOC has evacuated some staff by plane, engineers at the oilfield said. A number of sub-stations away from the main field have been vacated and equipment removed.
The occupiers are divided, with members of the Petroleum Facilities Guard (PFG) indicating they would end the blockade in return for a quick cash payment, oil workers say. The PFG has demanded more men be added to the public payroll.
The tribesmen have asked for long-term development funds, which might take time.
Libya is run by two competing, weak governments. Armed groups, tribesmen and normal Libyans tend to vent their anger about high inflation and a lack of infrastructure on the NOC, which they see as a cash cow booking billions of dollars in oil and gas revenues annually.