Converting a liability into economic ... GTL needs excellent site logistics ? ... 100
man-years commercial GTL plant design & operations experience in SA & Qatar.
www.compactgtl.com
Iain Baxter Director of Business Development
Slide 1 © 2012
Modular GTL : Converting a liability into economic value
While the information contained herein is believed to be accurate, no representation or warranty, express or implied is or will be given by the Company or its directors, employees or advisers or any other person as to the accuracy, completeness or fairness of this presentation and, so far as permitted by law and except in the case of fraud by the party concerned, no responsibility or liability whatsoever is accepted for the accuracy or sufficiency thereof or for any errors, omissions or misstatements, negligent or otherwise, relating thereto. Except where otherwise indicated, this presentation speaks as of the date hereof. The delivery of this presentation shall under no circumstances create any implication that there has been no change in the affairs of the Company since the date hereof. In furnishing this presentation, the Company does not undertake any obligation to update any of the information contained herein or to correct any inaccuracies which may become apparent.
www.compactgtl.com
Disclaimer
Slide 2 © 2012
This presentation shall remain the property of the Company.
GTL plants are huge ? GTL needs cheap gas ? GTL needs a large gas reserve ? GTL needs excellent site logistics ? GTL is complicated & unreliable ? GTL is expensive ?
Facts or Myths ?
Slide 3 © 2012
• • • • • •
www.compactgtl.com
Industry perceptions of GTL ?
An ISO 9001 company – established 2006 Wilton, UK Operations
Aracaju, Brazil Operations
> 100 man-years commercial GTL plant design & operations experience in SA & Qatar Strong functional organization for project delivery & continuous improvement Strategic Analysis
CEO Nicholas Gay
SHE & QA
Director of Business Development Iain Baxter
CTO Lary Kocher
COO Simon Clark
Finance and Admin Manager Jane Bardell
Business Development
Technology & Process Engineering
Project & Contract Management
Finance
Proposals
Reactor & Catalyst Management
Brazil Office
IT
Plant Operations
HR & Administration
Contracts
IP / Commercial
www.compactgtl.com
Rio De Janeiro Office
Slide 4 © 2012
Abingdon, UK Head Office
Compact GTL Oilfield access 2 years operations • > 4 years operations
• > 90% availability
• Full GTL process from NG to syncrude
• Project fully funded by Petrobras
• Reactors from candidate suppliers
• Associated gas feed from offshore
• Catalysts from candidate suppliers
• Fully integrated GTL process
• Operator training centre & R&D facility
• Commercial scale reactors - Sumitomo • Catalysts - Johnson Matthey
www.compactgtl.com
Commercial demonstration plant Aracaju, Brazil - 2010
Slide 14 © 2012
Pilot plant Wilton, UK - 2008
Technology demonstration & qualification 13 years in development since year 2000 IP 100% owned by CompactGTL 222 granted patents worldwide
Independent verification by Oil companies
Slide 15 © 2012
Independent verification by Bayer, SBM Offshore, Nexant, Fluor, TWI
www.compactgtl.com
275 pending patents worldwide
CompactGTL plant features •
Wide range of feed gas compositions
•
Configurable for railcar transportation
•
High availability – multiple modules
•
High turn-down & flexibility
•
Exchangeable 100 bopd CGTL reactor modules
• Configurable for utility self-sufficiency
www.compactgtl.com
Flexible deployment
Slide 16 © 2012
• Fully modularised yard construction options
Slide 17 © 2012
Brazil plant movie www.compactgtl.com
Slide 18 © 2012
Commercial CompactGTL FT Reactors: Constructed by Sumitomo Comprise proven reactor cores modularised into 40’ containerised packages by Kawasaki Heavy Industries
www.compactgtl.com
Technology scale up completed
Mini-channel CompactGTL reactor cores
www.compactgtl.com
Brazed plate-fin reactor construction minimises metal content and weight
Automated catalyst insertion and removal
Slide 19 © 2012
Corrugated metallic catalyst inserts maximise active surface area per channel
SMR reactor core construction
0 0
0
0
0
0
0
0
0
0
0
0
0
Slide 20 © 2012
61,000 hours SMR reactor & SMR catalyst in operation
www.compactgtl.com
Modular SMR Reactor
FT reactor core construction
0
52,000 hours FT reactor & FT catalyst in operation
0
0
0 0 0
0 0
0
0 0
0 0 0 0 0 0
0
0
Slide 21 © 2012
0
0
www.compactgtl.com
Modular FT Reactor
CompactGTL - process overview
FT synthesis
FT cooling System steam
pre-wash
gas feed
mercury removal heating sulphur removal
High CO2 Possible !
prereformer
SMR 1 reactor modules
SMR 2 reactor modules
No Oxygen Required !
steam generation (WHB)
syngas compressor
FT 1 reactor modules
FT 2 reactor modules
water treatment product flash HC rich tail-gas
GT drivers
H2 rich tailgas
syncrude
www.compactgtl.com
Syngas production
Slide 22 © 2012
gas treatment
20’ SMR modules
FT 40’ FT modules
Slide 23 © 2012
SMR
www.compactgtl.com
Typical 1,000bpd CompactGTL plant
Slide 24 © 2012
Supply chain partners & projects www.compactgtl.com
Catalyst
Modularisation
Suppliers
Reactor Suppliers
Consultants
Engineering & Project Delivery Partner
FPSO Project Delivery & Expertise
• Each partnership represents a well established, long term relationship • Certain exclusivity rights have enabled pre-investment & joint development funding by the supply chain, ensuring early capacity to deliver • Reactor manufacturing by Sumitomo in Japan, and catalyst manufacture by Johnson Matthey in Europe, utilise established mass production techniques • CGTL & Sumitomo jointly developed automated catalyst insertion & removal systems for the reactors
Slide 25 © 2012
Reactor
www.compactgtl.com
World-class partners
Slide 26 © 2012
Exclusive in field
Pre-invested 4 Pre-investment years work for Equity investor in manufacturing conceptual FPSO capacity design
www.compactgtl.com
Supply chain commitment
Project examples – global footprint Feed gas rate
Project driver
IOC
MENA
50 MMscf/d
NOC
Americas
25 MMscf/d
NOC
Russia-CIS
10 MMscf/d
NOC
MENA
20 MMscf/d
NOC
Russia-CIS
100 MMscf/d
Liberate crude production Extended Well Test Vessel Remote location Liberate crude production Remote location
IOC
Asia-Pacific
30 MMscf/d
Eliminate flaring
Project Status Completed Ongoing Ongoing Ongoing Completed Completed
www.compactgtl.com
Region
Slide 27 © 2012
Client
Slide 28 © 2012
The market www.compactgtl.com
Onshore
800 oilfields with reserves of 73 bn barrels of oil Analysis carried out by Wood Mackenzie and Fugro Robertson
Slide 29 © 2012
Offshore
www.compactgtl.com
≈ 800 Oilfields with problematic Associated Gas @
