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US DOE to Provide Nearly $66 Million for Oil, Natural Gas R&D, Deployment

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The US Department of Energy will deploy $65.5 million in research, development and deployment projects to support domestic oil and natural gas production with a view to improving efficiency and reliability of critical energy infrastructure and natural gas production, it said on Wednesday.

The funding will be available to qualifying developers of technologies that maximize productivity of existing infrastructure and expand the capacity and performance of energy delivery systems, the statement said.

A competitive process has been opened with a Sept. 22 deadline for applications to bidders who can demonstrate how their work maximizes value from stranded or underutilized resources with technologies that recover these into high-value products and prevent flaring, the statement said.

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$OVV
US DOE to Provide Nearly $66 Million for Oil, Natural Gas R&D, Deployment | FINWIRES