May 17, 2020

Drilling Without Killing

Kanoo Group
Drilling
Oil
Cortec
Admin
2 min
Drilling Without Killing
The June edition of Energy Digital is now live! By: Erik Gabaldon The organic and completely biodegradable deterioration preventative was utilized by o...

The June edition of Energy Digital is now live!

By: Erik Gabaldon

The organic and completely biodegradable deterioration preventative was utilized by one of the world’s top oil field service, oil and gas competitors—the Weatherford Company.

Weatherford chose the Kanoo Group (Cortec’s distributor in the middle-east) and its head engineers to configure globally friendly methods to restore oil-drilling tools that were subjected to oxidation and similar damaging effects using Cortec’s VpCI technology.

After a scrutinized evaluation of the drilling tools at Weatherford, engineers from Kanoo Group   discovered exterior and interior coats of heavy rust. From this, engineers composed a corrosion solution, exercising Cortec’s patent, toxic-free, VpCI -422 rust eliminator.

From the application of the organic product, rust-abrading and other corrosion removal techniques were evaded, leaving the metal surfaces blemish-free and drilling utilities without cosmetic and serious damage.

The VpCI -422 corrosion removal product is completely harmless to humans and the environment—emanating zero toxins, making an effective, yet harmless product for sensitive landscapes and marine use. The simplicity of the product and bio-qualities allows the consumer a low-percentage disposal rate, which most chemical applications for commercial use can be hazardous, costly and harmful to the earth and the ozone layer.

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By using Cortec’s innovative VpCI -422 product, Weatherford’s tools for drilling were refurbished successfully and put back to regulation standards. In addition, Cortec provided a VpCI -414 solution spray, a supplemental protection to prevent rust and corrosion for an extra 3-4 weeks. This simple method reduces cleaning duration and is extremely cost effective in contrast to machine rust protection.

Weatherford was pleased how well the team at Kanoo Group assimilated the task, employing Cortec’s highly evolved products and techniques. Cortec Corporation remains a leading advocate in eco-friendly products and proudly produces organic quality.         

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Apr 16, 2021

Hydrostor receives $4m funding for A-CAES facility in Canada

energystorage
Canada
Netzero
Dominic Ellis
2 min
The funding will be used to complete essential engineering and planning, and enable Hydrostor to take critical steps toward construction
The funding will be used to complete essential engineering and planning, and enable Hydrostor to take critical steps toward construction...

Hydrostor has received $4m funding to develop a 300-500MW Advanced Compressed Air Energy Storage (A-CAES) facility in Canada.

The funding will be used to complete essential engineering and planning, and enable Hydrostor to plan construction. 

The project will be modeled on Hydrostor’s commercially operating Goderich storage facility, providing up to 12 hours of energy storage.

The project has support from Natural Resources Canada’s Energy Innovation Program and Sustainable Development Technology Canada.

Hydrostor’s A-CAES system supports Canada’s green economic transition by designing, building, and operating emissions-free energy storage facilities, and employing people, suppliers, and technologies from the oil and gas sector.

The Honorable Seamus O’Regan, Jr. Minister of Natural Resources, said: “Investing in clean technology will lower emissions and increase our competitiveness. This is how we get to net zero by 2050.”

A-CAES has the potential to lower greenhouse gas emissions by enabling the transition to a cleaner and more flexible electricity grid. Specifically, the low-impact and cost-effective technology will reduce the use of fossil fuels and will provide reliable and bankable energy storage solutions for utilities and regulators, while integrating renewable energy for sustainable growth. 

Curtis VanWalleghem, Hydrostor’s Chief Executive Officer, said: “We are grateful for the federal government’s support of our long duration energy storage solution that is critical to enabling the clean energy transition. This made-in-Canada solution, with the support of NRCan and Sustainable Development Technology Canada, is ready to be widely deployed within Canada and globally to lower electricity rates and decarbonize the electricity sector."

The Rosamond A-CAES 500MW Project is under advanced development and targeting a 2024 launch. It is designed to turn California’s growing solar and wind resources into on-demand peak capacity while allowing for closure of fossil fuel generating stations.

Hydrostor closed US$37 million (C$49 million) in growth financing in September 2019. 

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