CompactGTL wins prestigious CWC World XTL Award 2011
Wednesday, June 8th, 2011
CompactGTL plc, the modular gas solution for oil and gas fields, has won the prestigious CWC World XTL Award at a ceremony held in London on 7th June 2011. The award for ‘Outstanding Contribution to XTL Innovation’ is given to the company that has contributed most to XTL innovation in the past year and is nominated by peers in the gas, coal and biomass to liquids industries.
A panel of leading industry experts chose CompactGTL as the recipient of the 2011 XTL Award ahead of all other nominations.
CompactGTL secured the award for realising the world’s first, fully integrated, small scale GTL facility which was commissioned in December 2010 for Petrobras in Brazil. The plant has been running on test since then.
The success of this project is the culmination of four years of ground breaking technical and commercial achievements by CompactGTL which was incorporated in June 2006 as a start-up business with private funding.
As an alternative to gas flaring the plant incorporates all aspects required for commercial application in treating associated gas at remote onshore and offshore oilfield locations, including gas pre-treatment, pre-reforming, reforming, waste heat recovery, process steam generation, syngas compression, Fischer Tropsch synthesis, FT cooling water system and tail gas re-cycling. The proprietary mini-channel SMR and FT reactors, operating in conjunction with new catalysts coated on metal substrates (combustion, reforming and FT) demonstrate a compact, low centre of gravity GTL process for the first time.
Nicholas Gay, Chief Executive, said:
“CompactGTL is delighted to be recognised by our peer group for the work we have done on creating the world’s first, fully integrated, small scale GTL facility. The team has worked tirelessly over the recent years to bring our modular gas solution to a commercial reality and we look forward to continuing to make a contribution to the development of the industry through meeting the needs of our current and future customers.”