Petroleum Upgrading sub_banner_Petroleum_Upgrading_new.jpg

RTP providing step-change competitive advantages in heavy oil upgrading

In 1998 Ensyn initiated the development of a petroleum application of RTP for heavy oil upgrading. An RTP petroleum pilot facility was built in 1998 in Ottawa, funded by Gulf Canada Resources, followed by a 1,000 barrel-per-day heavy oil RTP facility in Bakersfield, California in 2004. In 2005 the petroleum applications of RTP were sold to Ivanhoe Energy Inc. (NASDAQ: IVAN, TSX: IE) at an enterprise value of US$100 million.

Ivanhoe Energy pursuing multiple heavy oil projects worldwide using the RTP process

Ivanhoe Energy uses Ensyn’s RTP technology for the conversion of heavy oil to a lighter, more valuable synthetic crude oil. Ivanhoe has named its version of the RTP technology HTL™ or “Heavy-to-Light”. Ivanhoe has various HTL heavy oil initiatives under way in Canada and internationally. Ensyn retains the right to be paid certain one-time licensing fees from Ivanhoe Energy, payable as and when Ivanhoe Energy installs commercial HTL capacity.

Ensyn Alliances

Ensyn has numerous
successful alliances with
industry leaders.

Read more

View Image

View more