Saxon Technologies represents key shareholders of Advanced Pumping Technologies (APT), Switzerland, providing support and assistance focusing on financing and market development, in an effort to accelerate the introduction of its revolutionary technology to oilfields, water treatment plants and other applications worldwide. Based in Nyon, Switzerland, APT is an innovative engineering company that has developed a hydraulically-driven positive displacement pump with unique operational characteristics that represent a revolution in oilfield water injection systems (well flooding) for secondary oil recovery in the oil and gas extracting industry. Its unique technology is also applicable to a host of other pumping applications in other industries. A key function of Saxon Technologies is to provide support and assistance to the commercial and engineering partners of APT.
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The Problem
More than 1 million of the 1,5 million oil wells worldwide have problems with reservoir pressure depletion making it prohibitive to recover a portion of the remaining 45-50% of oil in the reserve. A fundamentally new technology is urgently required to recover these remaining oil reserves in both a cost-effective and environmentally-friendly manner.
The Solution
The revolutionary hydraulically-driven, non-conventional, positive displacement pumps designed by Advanced Pumping Technologies.
- Dramatically increased efficiencies
- Reduced operating, labor and development costs
- Focus on environmental responsibility
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