Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

ENG Acquires Exclusive Small-Scale Gas to Liquids Technology for Flare Gas and Stranded Gas Applications

HOUSTON, TX / ACCESSWIRE / May 19, 2022 / ENG (NASDAQ: ENG), a leading provider of innovative project delivery solutions for the energy industry, today announced the acquisition of Calvert Group Belgium (Calvert) and its exclusive license to patented gas to liquid (GTL) technology to convert flare gas and stranded gas to synthetic liquids such as crude oil or diesel. Calvert's GTL process has been recognized by The World Bank's "Global Gas Flaring Reduction Partnership" (GGFR) as one of the leading technologies in small scale GTL for flare gas recovery.

This patented gliding plasma GTL technology requires no pre-treatment or separation of feed gas, accommodates condensates and is low power consuming. Calvert's designs focus on standardized and truck able modules, currently in two sizes of 50 and 100 barrels per day (BPD).

"Our acquisition of this revolutionary and much needed technology has the potential to be transformational for ENG" said Mark A. Hess, CEO of ENG. "This design-build technology fits well within our current core capabilities and provides an attractive flare solution for clients, both domestic and abroad. While a GTL plant is expected to sell for $4+ million, we are confident that this solution will provide energy companies a cost-effective and environmentally preferable alternative to flaring gas."

The GLT technology has previously been reviewed and accepted by several large E&P operators and current agreements in principle are in place with oilfield service companies in Oman and India to place a significant number of GTL plants at flare sites once the designs are finalized.

The 50 BPD plant is designed to convert approximately 500,000 standard cubic feet per day (SCFD) of flair or stranded natural gas and the 100 BPD plant is designed to convert approximately 1,000,000 SCFD of flair or stranded natural gas. Calvert's GTL technology is a scalable system for larger flare and stranded gas sites. Considering the long lead-time components, the company believes it can deliver the first plant in six months and, when in production, could initially build in excess of 50 plants per year. The GTL plants will be built in a controlled shop environment and delivered to the flare or gas feed site for quick installation.

Gas flaring, the process of burning-off associated gas from oil wells and hydrocarbon processing plants either as a means of disposal or as a safety measure, is today recognized as a major environmental problem, contributing some millions of tons of CO2 emissions worldwide. It also has major economic implications, with significant volumes of a valuable natural resource being wasted.

For further information on Calvert's Technology, go to http://www.calvertenergy.eu/news.html

About ENG
ENG (NASDAQ: ENG) is a leading provider of complete project solutions for renewable and traditional energy throughout the United States and internationally. ENG operates through two business segments: Commercial and Government Services. The Commercial segment provides engineering, design, fabrication, construction and integration of automated control systems as a complete packaged solution for its clients. The Government Services segment provides engineering, design, installation, operations, and maintenance of various government, public sector, and international facilities, specializing in turnkey automation and instrumentation systems for the U.S. Defense industry worldwide. Further information about the Company and its businesses is available at www.englobal.com.

Safe Harbor for Forward-Looking Statements
The statements above regarding the Company's expectations, including those relating to its future results, its operations and certain other matters discussed in this press release may constitute forward-looking statements within the meaning of the federal securities laws and are subject to risks and uncertainties. For a discussion of risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ENG's filings with the Securities and Exchange Commission, including the Company's most recent reports on Form 10-K and 10-Q, and other SEC filings.

Click here to join our email list: https://www.englobal.com/investors/

CONTACT:
Market Makers - Investor Relations
Jimmy Caplan
512-329-9505
Email: jimmycaplan@me.com

Market Makers - Media Relations
Rick Eisenberg
212-496-6828
Email: eiscom@msn.com

SOURCE: ENGlobal



View source version on accesswire.com:
https://www.accesswire.com/701918/ENG-Acquires-Exclusive-Small-Scale-Gas-to-Liquids-Technology-for-Flare-Gas-and-Stranded-Gas-Applications

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.