Alliance offers GTL technology to process stranded gas offshore

Sept. 16, 2002
Rentech and Global Process Systems signed a memorandum of understanding to provide technology license and engineering services for gas-to-liquids process technology on floating production systems.

By OGJ editors

HOUSTON, Sept. 16 -- Rentech Inc., Denver, and Global Process Systems Inc., Dubai, have signed a memorandum of understanding to provide technology license and engineering services for gas-to-liquids (GTL) process technology on floating production systems.

The alliance will target various prospective stranded natural gas projects in which Rentech's GTL process could be used. GTL plant sizes will be 2,500- 10,000 b/d, Rentech said.

Rentech and GPS agree to jointly market their combined capabilities to potential customers worldwide. Rentech's GTL technology includes design, procurement, construction, project technical development, and estimating services for specific projects.

GPS specializes in providing turnkey packages for process equipment and plants for the oil and gas industry. This includes engineering and fabrication of natural gas processing and treatment systems, design and supply of crude oil separation systems, and FPSO-based topside process equipment.

Through an alliance with specialist fabricator Lamprell Energy Ltd. of the United Arab Emirates, GPS has access to topside fabrication services at Lamprell's Jebel Ali yard in Dubai, which builds modular FPSO process units and GTL topsides.