HOUSTON, TEXAS – Mustang Engineering (“Mustang”), a subsidiary of international energy services company John Wood Group PLC (“Wood Group”), received an OTC Spotlight on New Technology Award for its LNG Smart Vaporization Process, which is used to economically regasify liquefied natural gas (LNG). The second annual awards, presented at the Offshore Technology Conference on May 2 in Houston, were conferred to 14 recipients who demonstrated forward-thinking and significant offshore developments during the past year.
Scott Worthington, manager of Mustang’s Midstream sector, received the award on behalf of Mustang and stated, “The LNG Smart Vaporization process is a unique solution for improving the commercial viability of LNG receiving terminals, both onshore and offshore, to help satisfy the global demand for clean natural gas.”
Field tests have demonstrated that the technology can reduce fuel gas consumption and NOx and CO2 emissions significantly across a broad range of temperatures and humidity compared to conventional combustion vaporization. The technology results in a significant operating cost reduction. The process further produces, as a by-product, fresh water that can be treated for potable consumption.
Mustang is an independent services provider to the domestic and international oil, gas and chemical industries. Mustang specializes in design, engineering, procurement, project management and construction management of upstream oil and gas facilities and structures, midstream projects, process plants, petrochemical and chemicals, pharmaceuticals, pipelines, and automation and control projects. Capabilities range from feasibility studies through startup for both onshore and offshore projects. Mustang has U.S. offices in Houston; Tampa, Florida; Birmingham, Alabama; Savannah, Georgia; Monroe, Louisiana; Columbus, Ohio; Martinez, California; and Philadelphia; as well as international offices in London, and Perth and Melbourne, Australia.
Wood Group is an international energy services company with $2.3bn sales, employing more than 14,000 people worldwide and operating in 36 countries. The group has three businesses – Engineering & Production Facilities, Well Support, and Gas Turbine Services – providing a range of engineering, production support, maintenance management and industrial gas turbine overhaul and repair services to the oil & gas, and power industries worldwide.