Small GTL Joint Industry Project

SmallGTL JIP International Joint Industry Project

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SGTL: smaller, affordable….everywhere?

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Source: http://lcwell.blogspot.co.uk

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JIP General Overview

$57 billion worth of Natural Gas was flared in 2010

- Remote location offshore associated gas lacks infrastructure

- World Flaring 134 Billion cubic meters/year (Germany consumes about 90 Bcm/yr)

- Gas / Oil arbitrage at historical high

Background


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JIP General OverviewThe Situation

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

“The challenge for gas-to-liquid technology is not high cost, it is high risk”Dr. Dane A. Boysen ARPA US DOE,

February 2012


JIP Objectives

Reduce/stop Associated Gas Flaring

Exploit Remote Gas fields

Skid mounted/containerized Small GTL for FPSO and offshore platforms

Reduce risks related to SGTL Technology Developments Offshore

Primary focus on Offshore Associated Gas

The offshore sector can manage high risk technologies portfolio with a dedicated risk based approach


© Det Norske Veritas AS. All rights reserved.

Example of JIP Structure

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Offshore StructureSupplier

SGTL Supplier

EPC Company

Classification Society

Topsides Engineering

Company

Operator

Partners

Leading Partners

Group II:Oil & Gas Companies

and Ship Owners

Group I: Suppliers, Consultants, Learning

& Regulatory Bodies, Research Institutes & Universities

Group III: Governmental Bodies,

National Institutes, Banks, etc

Participants


Objectives

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

BEST SGTL CONCEPT SELECTION REPORTbased on:


Technology Concept Improvement

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)

PREFERRED SGTL PROCESS CONFIGURATION based on:


Proposed JIP schedule


Proposal of Property map

JIP Work Product

Set of basic documents delivered to the Partners to summarise project results.

Public Disclosures of JIP Work Product

for Marketing Purposes

Leading Partners Working Information

Drawings, Calculations, Philosophies, etc, within this segment, will belong to

the originating company or companies. 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

companies experience

• The cost of developing this information, will not be charged into the Project account


Participant Fees Estimates (2 Phases)

Group I: €20,000 x 2 Suppliers, Consultants, Learning

& Regulatory Bodies, Research Institutes & Universities

Group II: €40,000 x 2Oil & Gas Companies

and Ship Owners

Group III: €40,000 x 2 Governmental Bodies,

National Institutes, Banks, etc

Or work in kind

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Interested ? Contact DNV:

Selim StahlSenior Risk SpecialistStructures, Pipeline & RiskEmail: [email protected]: +45 60 35 15 76

mailto:[email protected]


Safeguarding life, property and the environment

www.dnv.com

Small GTL Joint Industry Project

Technology

Transcript of Small GTL Joint Industry Project