Hyderabad September, 2008. Chronos is pleased to announce its partnership with one of India's major entities in recruitment.
Coberon India is a professional services company that offers Fortune 1000 clients a cost-effective, provider of high-value engineering and information technology, payrolling, security checking and outsourcing solutions and professional staffing. With more than 100 consultants and rapidly growing revenues Coberon India has the expertise, speed and scale to help clients achieve a faster and higher return on capital investment.
This strategic partnership will mutually benefit Chronos and Coberon India by allowing both to more fully service clients and strengthen existing relationships. Headquartered in Hyderabad - the famed "City of Pearls" their combined operations have more than 60 locations globally. Hyderabad is one of India's fastest growing cities and a modern hub for information technology and biotechnology. International locations include every developed and emerging market in the world. The new service offering will win new business and increase revenue for both firms by working with shared project orders.for the world's Fortune 1000 corporation and government agencies.
Chronos Consulting is a wholly owned subsiduary of the Coberon-Chronos Group, an award winning global leader in temporary staffing, permanant recruitment and nearshore software outsourcing for the global Fortune 500. The group owns and operates offices in over 50 locations worldwide.
Over the last decade Chronos has gained experience in dealing with some of the world's most demanding oil, gas, construction, mining and power generation companies. We are also increasingly active in the nuclear and energy security sectors with a staff of over 500 engineers on call. Chronos also has aviation, defense and general engineering expertise.
Chronos has been awarded a two year recruitment contract with one of the world's largest power generation companies. This is a multi billion dollar project with operations in Argentina, Brazil, Peru, Saudi Arabia, Russia, India, Poland and China. For career opportunities please contact engineering@chronosconsulting or one of our local offices.
Chronos is active in Venezuela in oil sands projects. Oil sands are reservoirs of partially biodegraded oil still in the process of escaping and being biodegraded, but they contain so much migrating oil that, although most of it has escaped, vast amounts are still present—more than can be found in conventional oil reservoirs. The lighter fractions of the crude oil are destroyed first, resulting in reservoirs containing an extremely heavy form of crude oil, called crude bitumen in Canada, or extra-heavy crude oil in Venezuela. These two countries have the world's largest deposits of oil sands. Chronos has local offices, operations and legal entities to serve both locations.
According to Wikipedia, located in eastern Venezuela, north of the Orinoco River, the Orinoco oil belt vies with the Canadian tar sand for largest known accumulation of bitumen in the world. Venezuela prefers to call its tar sands "extra heavy oil", and although the distinction is somewhat academic, the extra heavy crude oil deposit of the Orinoco Belt represent nearly 90% of the known global reserves of extra heavy crude oil. Bitumen and extra-heavy oil are closely related types of petroleum, differing only in the degree by which they have been degraded from the original crude oil by bacteria and erosion. The Venezuelan deposits are less degraded than the Canadian deposits and are at a higher temperature (over 50 degrees Celsius versus freezing for northern Canada), making them easier to extract by conventional techniques.
Although it is easier to produce, it is still too heavy to transport by pipeline or process in normal refineries. Lacking access to first-world capital and technological prowess, Venezuela has not been able to design and build the kind of bitumen upgraders and heavy oil refineries that Canada has. In the early 1980’s the state oil company, PDVSA, developed a method of using the extra-heavy oil resources by emulsifying it with water (70% extra-heavy oil, 30% water) to allow it to flow in pipelines. The resulting product, called Orimulsion, can be burned in boilers as a replacement for coal and heavy fuel oil with only minor modifications. Unfortunately, the fuel’s high sulphur content and emission of particulates make it difficult to meet increasingly strict international environmental regulations.
Venezuela's tar sands crude production, which sometimes wasn't counted in its total, has increased from 125,000 bbl/d (19,900 m³/d) to 500,000 bbl/d (79,000 m³/d) between 2001 and 2006 (Venezuela's figures; IAEA says 300,000 bpd).
We at Chronos feel there is enormous potential in Venezuelan extra heavy oil and this was one of the driving factors in our establishing a fully functional operation in Venezuela to service the recruitment and software needs of the oil industry - both in tar sands and more conventional offshore projects. Please see our range of services on http://www.chronosconsulting.com or http://www.coberongreen.com.