Sondex, the British oilfield technology group, and its research partner Beta Research & Development have secured a UK Government grant for the development of a new power source for downhole instrumentation.
The financial grant of £199,000 has been made by the Department of Trade and Industry’s Innovation Group under its Technology Programme. Shared equally by Sondex and Beta R&D, the money will be used in the development of rechargeable, high temperature battery technology.
The technology has been pioneered by Beta R&D at its centre in
Sondex announced in March 2005 that it had signed an agreement with Beta R&D covering exclusive rights to the advanced battery technology for use in the downhole oil, gas, water and geothermal industries.
Beta R&D is currently refining the battery technology while Sondex is developing the associated electronics and packaging.
Chancellor backs third runway at Heathrow
The decision to develop LHR plus LGW and Luton will reinforce the need for travel to/from these locations from elsewhere in the country. Has any real...