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Global business challenge: Breaking the oilgas water dependency with a cost-effective no-waste nanomembrane technology for water reuse

Objective

CleanOil consists on the introduction into the market of an innovative filtration solution to treat and reuse the produced water (PW), a highly polluted oily wastewater which is the largest volume byproduct associated to oil and gas production. The solution will allow achieving up to 80% reduction of water demand for oil extraction through the reuse of up to 99% of the PW, and will be based on a proprietary product - ceramic nanomembranes with an innovative production process - installed in a fully integrated solution with the equipment, instrumentation and advanced fouling monitoring and control tools and software.
The project aims to achieve three objectives: (1) reducing the target membrane price up to 4 times, thanks to the upscaling of the nanomembrane production process, (2) launching worldwide highly competitive and cost-effective filtration solutions for the treatment and reuse of PW and (3) international consolidation through the new subsidiaries and strategic partners in high potential markets, aiming for a 3% share of the Likuid’s target industrial filtration market, doubling the existing actual staff and achieving a tenfold increase in EBITDA profit by 2020.
Likuid has identified two market segments targeted by its innovative solution: onshore, with 680 Mill.€ target market (USA, Canada, Colombia, Mexico) and offshore, with 490 Mill.€ target market (North Europe and LATAM). Potential customers for Likuid’s solution are (a) the intermediary EPC, OEM and OFS companies and (b) oil producers, as end-users of the technology. In the project, onshore segment will be addressed with a Canadian demonstration for SAGD and tailing ponds and offshore segment is related to a demo study with Petrobras, who has already tested Likuid’s membranes. Successfull demonstration will boost the market uptake of the new highly-efficient and cost-effective Likuid’s solution, thus helping European cutting-edge technologies to position in the lead of sustainable O&G production.

Fields of science (EuroSciVoc)

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Programme(s)

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Topic(s)

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Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

SME-2 - SME instrument phase 2

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-SMEInst-2014-2015

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Coordinator

LIKUID NANOTEK SL
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 971 395,25
Address
PS MIKELETEGI 71 122
20009 DONOSTIA
Spain

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Noreste País Vasco Gipuzkoa
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 1 387 707,50
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