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Heat loss and burn safety are two major issues in oil & gas processing equipment. Wasted heat accounts for up to 50% of the total industrial energy use, or 55.6 Quads per year in the United States (in 2011). Nansulate is another advanced nanotechnology company that is solving insulation issues for oil & gas companies.
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Almost every oil & gas company is heavily investing in nanotechnologies to enhance oil recovery, to improve equipment reliability, to reduce energy losses during production, to provide real-time analytics on emulsion characteristics; to develop high-performance products (e.g. high performance lubricating oils have a great relevance in oil industry).
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The use of nanotechnology to improve the transport of oil and gas in these nanopores will increase the yield of oil and gas significantly. The nanomaterials can be used as sensors to improve the sensitivity of the equipment or be coated on the surface of the equipment.
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Heat loss and burn safety are two major issues in oil & gas processing equipment. Wasted heat accounts for up to 50% of the total industrial energy use, or 55.6 Quads per year in the United States (in 2011). Nansulate is another advanced nanotechnology company that is solving insulation issues for oil & gas companies.
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Nanotechnology has, in fact, played a part in the oil and gas industry for a long time due to the presence of nanoscale particles in the oil recovery process. With recent innovations, nanoparticles, nanosensors and nanorobots could become an integral part of the oil and gas recovery process, potentially improving every stage from searching, drilling and production/processing through to transport and refining.
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Nanotechnology is also the focus of research projects at universities across the country. Oil and gas service companies also are getting involved, hiring nanotechnology specialists and supporting basic research. Moreover, Adams notes that new companies are bringing commercial nanoscale products to market.
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Nanotechnology R&D, and the eventual nanomanufacturing of products, requires advanced and often very expensive equipment and facilities. In order to realize the potential of nanotechnology, NNI agencies are investing heavily in nanomanufacturing R&D and infrastructure.
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Nanotechnology is also the focus of research projects at universities across the country. Oil and gas service companies also are getting involved, hiring nanotechnology specialists and supporting basic research. Moreover, Adams notes that new companies are bringing commercial nanoscale products to
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Oil & gas producers have been an early adopter of nanotechnology. Fundamentally, the industry has been part of nanotechnology since the beginning because oil reserves are really just emulsions of oil, gas, and water that create nanoscale particles.
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Nanotechnology is the use of very small pieces of material, at dimensions between approximately 1 and 100 nanometers, by themselves or their manipulation to create new large scale materials, where unique phenomena enable novel applications.
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Nanotechnology could help improve oil and gas production by making it easier to separate oil and gas in the reservoir—for instance, through improved understanding of processes at the molecular level.
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The upstream oil & gas industry could receive a great boost under the impulse of innovations in this field being based on processes exposing the equipment materials to extreme work
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Nanotechnology – the study of science of materials at nano-scale – shows great promise for meeting challenges involved in understanding and utilizing the harder-to-reach oil and gas reservoirs of today.
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The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. An industry with a larger percentage of Zacks Rank #1's and #2's will have a
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The application of nanotechnology in the oil and gas industry is on the rise as evidenced by the number of researches undertaken in the past few years.
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Nanotechnology has, in fact, played a part in the oil and gas industry for a long time due to the presence of nanoscale particles in the oil recovery process. With recent innovations, nanoparticles, nanosensors and nanorobots could become an integral part of the oil and gas recovery process, potentially improving every stage from searching, drilling and production/processing through to transport and refining.
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The upstream oil & gas industry could receive a great boost under the impulse of innovations in this field being based on processes exposing the equipment materials to extreme work
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OIL AND GAS INDUSTRY • The Nanotechnology applications have pierced through different Petroleum disciplines from Exploration, to Reservoir, Drilling, Completion, Production and Processing & Refinery.
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Oil & gas producers have been an early adopter of nanotechnology. Fundamentally, the industry has been part of nanotechnology since the beginning because oil reserves are really just emulsions of oil, gas, and water that create nanoscale particles.
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