Small GTL Joint Industry Project

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The Small Gas-To-Liquid (SGTL) JIP is a Joint Industry Project on
small GTL Technologies. It focuses on the exploitation of
upstream associated gas through Gas-To-Liquid processes. Indeed,
new SGTL technologies and an oil-to-natural gas spot price ratio
at historical high records are pushing toward monetization of
natural gas - whereas associated gas or small remote fields - on the
oil products market. In addition the exploitation of new fields
where associated gas cannot be re-injected into the ground creates
new opportunities for SGTL technology providers

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Small GTL Joint Industry Project

  1. 1. SmallGTL JIPInternational Joint Industry ProjectImage’s copyright to its rightful owner
  2. 2. SGTL: smaller, affordable….everywhere? Image courtesy of Apple Source: http://lcwell.blogspot.co.uk Image courtesy of Sasol-Chevron Image courtesy of Velocys© Det Norske Veritas AS. All rights reserved. 2
  3. 3. JIP General Overview Background $57 billion worth of Natural Gas was flared in 2010 - World Flaring 134 Billion cubic meters/year (Germany consumes about 90 Bcm/yr) Image courtesy of IPS - Gas / Oil arbitrage at historical high - Remote location offshore associated gas lacks infrastructure Image courtesy of Velocys© Det Norske Veritas AS. All rights reserved. 3
  4. 4. JIP General Overview The Situation “The challenge for gas-to-liquid technology is not high cost, it is high risk” Dr. Dane A. Boysen ARPA US DOE, February 2012 There is an urgent need for associated gas monetization infrastructure Hundreds of possible SGTL configurations with many new SmallGTL technology providers out there each proposing many different products© Det Norske Veritas AS. All rights reserved. 4
  5. 5. JIP Objectives Reduce risks related to SGTL Technology Developments Offshore Primary focus on Offshore Associated Gas Reduce/stop Associated Skid mounted/containerized Gas Flaring Small GTL for FPSO and offshore platforms Exploit Remote Gas fields Image courtesy of Velocys The offshore sector can manage high risk technologies portfolio with a dedicated risk based approach© Det Norske Veritas AS. All rights reserved. 5
  6. 6. Example of JIP Structure Leading Partners Offshore Structure SGTL Supplier Supplier Partners Classification Participants Society Group I: Suppliers, Consultants, Learning EPC & Regulatory Bodies, Company Research Institutes & Universities Group II: Topsides Oil & Gas Companies Engineering and Ship Owners Company Group III: Operator Governmental Bodies, National Institutes, Banks, etc 6© Det Norske Veritas AS. All rights reserved.
  7. 7. Objectives BEST SGTL CONCEPT SELECTION REPORT based on:  State of the Art SGTL Technology Review  Economic Model  Economics of modular SGTL  Risk Based approach to Technology Assessment  Identification of show-stoppers: technical, safety and environment© Det Norske Veritas AS. All rights reserved. 7
  8. 8. Technology Concept Improvement PREFERRED SGTL PROCESS CONFIGURATION based on:  Suitability for Offshore Environment  Safety and environmental study  Ease of containerization & modularization  SGTL conversion efficiency  Ease of associated gas volume production adaptability  Topsides systems integration  SGTL modules moving infrastructures (planes, cranes, ships, trailers etc)© Det Norske Veritas AS. All rights reserved. 8
  9. 9. Proposed JIP schedule© Det Norske Veritas AS. All rights reserved. 9
  10. 10. Proposal of Property map Leading Partners Working Information JIP Work Product Drawings, Calculations, Philosophies, Set of basic documents delivered to etc, within this segment, will belong to the Partners to summarise project the originating company or companies. results. However, can be used within the Leading Partners in a confidentiality basis Know-How of Leading Partners Companies • Belongs to the originating companies. Its disclosure will be limited to what is necessary to develop the project • In general, this information is protected by patent rights and is derived from the Public Disclosures companies experience of JIP Work • The cost of developing this information, will Product for not be charged into the Project account Marketing Purposes© Det Norske Veritas AS. All rights reserved. 10
  11. 11. Participant Fees Estimates (2 Phases) Or work in kind Group I: €20,000 x 2 Suppliers, Consultants, Learning Image courtesy of Nowatec & Regulatory Bodies, Research Institutes & Universities Group II: €40,000 x 2 Oil & Gas Companies and Ship Owners Group III: €40,000 x 2 Governmental Bodies, National Institutes, Banks, etc© Det Norske Veritas AS. All rights reserved. 11
  12. 12. Interested ? Contact DNV: Selim Stahl Senior Risk Specialist Structures, Pipeline & Risk Email: selim.stahl@dnv.com Mobile: +45 60 35 15 76© Det Norske Veritas AS. All rights reserved. 12
  13. 13. Safeguarding life, property and the environment www.dnv.com© Det Norske Veritas AS. All rights reserved. 13

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