SBM Offshore, the leader in the supply of leased FPSOs, has signed a Commercial Development Agreement with CompactGTL Ltd, the pioneer of modular gas to liquid solutions, to work exclusively together on offshore projects. The use of GTL technology for floating production systems has the potential to significantly reduce gas flaring, by transforming associated gas into synthetic crude oil which can be blended in to the produced crude oil.
More Info:
www.marketwire.com/press-release/sbm-offshore-and-compactgtl-join-forces-to-provide-gas-to-liquids-floating-solutions-amsterdam-sbmo-1710971.htm
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