Fjord Processing has been given a cash injection from the Research Council of Norway for its work looking into cleaner technologies in the oil and gas industry.
The company has been awarded $416,197 for its Mono Ethylene Glyol (MEG) Joint Industry Project (JIP) for funding.
The financial support will enable the company to collaborate with Statoil, Shell, Total and Chevron to target qualification of the patent pending technologies which could deliver a new generation of greener and more efficient MED plants.
Salim Deshmukh, R&D Programs Manager for Hydrate Inhibition Technology at Fjords Processing, said: “Sponsorship from four major oil and gas operators proves their interest in development of technologies and processes that can be applied in the next generation MEG systems.”
“Undertaking this initiative together with key clients is expected to give both Fjords and the sponsors substantial benefits, especially in the current difficult market.”
The JIP aims to find ways of enhancing the current design of MEG systems by developing technologies to remove oranic acid salts, hydrocarbon and mercury from the existing and future MEG plants.