José Francisco Arata and Jairo Lugo | Pacific Rubiales Energy Corp

World Finance interviews José Francisco Arata, President at Pacific Rubiales Energy Corp, on oil recovery innovation promising bright future for Pacific Rubiales

May 3, 2012
Related Videos
  1. Banco Popular Dominicano: Digitalising Dominican finance
  2. Banorte: Growing together, growing with Mexico, growing with you
Related:
  1. Celebrating 60 years of innovation in Dominican banking
  2. Access Bank’s vision: sustainable finance for Africa and beyond
  3. Enriching lives through sustainable finance
  4. A holistic approach to digital leadership
  5. Embracing innovation and empowering communities
  6. Digitalisation and financial literacy vital to Eurozone success
  7. The joy of the voyage starts onshore
  8. Ahead of the curve
  9. How AI is transforming banking
  10. Fintech now and in the near future
Transcript

Pacific Rubiales is working on two big technological innovations. STAR – Synchronised Thermal Additional Recovery – could increase the recovery factor in heavy oil reservoirs from 15 to 45 percent. Llanomulsion could significantly reduce the costs of pipeline transportation. José Arata discusses the company’s progress and the positive implications for its bottom line.