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Surging demand for valves and actuators
Rising demand from diverse process industries supports steady growth in global valves and actuators market
UK subsea oil and gas sector grows by almost 30 per cent
Some 800 companies, providing direct employment for around 30,000, are involved in the UK subsea sector
Oil price hike ups demand for CNG/LPG cars
The recent hike in oil prices in India has led to a sudden increase in demand for CNG/LPG cars, says Datamonitor
Energy skills shortage: a boardroom issue
Sector has registered steady decline in recruits, especially those with science, engineering and technicalskills, says Energy Institute
Oil lease auction ‘threatens polar bears’
Oil companies and the US government are effectively seeking to make a profit from the potential demise of a species, says WWF
First major Kuwaiti gas project delayed again
Need for production from non-associated gas field is becoming acute as the country suffers severe electricity shortages 
Car technologoy cuts oil exploration costs

Engineers at the University of Bath are working on a new £175,000 project that will help reduce the size and cost of the drilling systems used to reach oil reserves found as deep as six miles (9.5 kilometres) underground.

These advanced drilling systems allow for more efficient drilling; making it more economical to produce hard to reach oil reservoirs.

The project is being funded by InterSyn Technologies in Houston, TX, USA, which has proprietary rights to the Milner Continually Variable Transmission (MCVT).

Many car manufacturers, including Audi, Honda and Nissan, have started replacing traditional automatic gear boxes with CVT technology because it is a significantly more efficient way of transmitting the power of the engine to the wheels.

InterSyn’s MCVT technology removes the need for belts and their associated control hydraulics by using a novel concept in conjunction with rolling traction components.

“For oilfield applications, CVT technology offers a number of advantages over traditional transmission methods,” said CVT expert Dr Sam Akehurst from the Powertrain & Vehicle Research Centre (PVRC) at the University of Bath.

According to Stuart Schaaf, President of InterSyn Technologies: “As the system drills through layers of rocks, the CVT provides directional control of the drilling system and allows the operator to position the oil well for optimal production of the hydrocarbons in the reservoir.”

For more information, visit www.bath.ac.uk