Oilax
About Us
Transforming Heavy Oil Extraction and Transmission with OiLax
OiLax is a pioneering solution designed to enhance the efficiency of pipelines transporting heavy oil. By reducing the viscosity of heavy oil, OiLax significantly improves flow characteristics, enabling the effective extraction and transmission of oil that would otherwise remain trapped in pipelines, underground, or in storage facilities. With a proprietary additive that ensures no contamination of the oil, OiLax stands out as a simple yet powerful innovation in the energy sector. Our solution is already advancing through commercial trials and negotiations with major players like Kuwait Oil Company, and we have secured a distribution agreement for key regions, including Latin America and MENA. Backed by a strong leadership team with diverse expertise in engineering, management, operations, and finance, OiLax is poised to tap into the vast market of heavy oil assets and pipeline treatments across the globe.
Our Vision
To revolutionize the global heavy oil industry by unlocking the full potential of heavy oil reserves, enhancing the efficiency and sustainability of oil extraction and transmission.
Our Vision
To revolutionize the global heavy oil industry by unlocking the full potential of heavy oil reserves, enhancing the efficiency and sustainability of oil extraction and transmission.
HISTORY OF OILAX
- 2012 –Initial chemistry and research of problematic heavy oil commences
- 2013 –Analysis and trial of chemistry theories
- 2014 –Further testing and internal sample trials
- 2015 –Canadian supply infrastructure complete in Calgary
- 2016 –First pipeline field trials completed in Canada
- 2017 –Commercial viability assessment commenced
- 2018 –Business plans, marketing plans and financial model constructed
- 2019 –Distribution settled in MENA and Latin America
- 2020 –Commercial roll-out and new distribution agreed in Russia, Ecuador, Canada, Mexico and China
PRODUCT OVERVIEW
- Effectively increases flow cha
- Reduction in pipeline pressure
- Non-toxic and environmentally friendly
- Less volume required compared to other solvents
- Inexpensive to produce
- No oil damage
- Simple extraction process
- No fouling of flow lines
- Less load on pumps, reducing energy and maintenance requirements