CompactGTL Overview
CompactGTL is a GTL specialist company that is focused on technology development and commercialisation of the upstream oil & gas sector operations. The company’s solution has been specifically designed to solve the associated gas problems of oilfields in remote or deep-water environments. CompactGTL technology was originally developed within Accentus plc. Its proprietary technology solution enables the conversion of gas into synthetic crude oil, or syncrude. CompactGTL has a unique patent protected and tested process utilising a 2 stage FT process, which significantly increases catalyst life and reduces operating costs. CompactGTL has established the capabilities and capacity to supply multiple projects worldwide. The company’s training centre in Wilton, Teesside provides a facility for the on-going demonstration of the CompactGTL process in the UK. It also has a representative office in Brazil.
Strategy
The company is partnering and collaborating with several companies to provide solutions for solving the associated gas problems of oilfields in remote or deep-water environments. The company is also forming strategic alliances with some companies for the delivery of pre-FEED and FEED studies for potential commercial-scale modular gas-to-liquids projects, which is expected to help company provide appropriate solutions and expand its services.
