RE: Other opportunities17 Jun 2020 13:43
Pursuant to the Work Order, Greenfield intends to utilise the existing knowhow of Valkor to upgrade the POSP, in order to carry out small scale test operations, so as to assist with the determination of the design of a scaled version of a commercial scale plant. The most significant upgrade to the POSP will be the addition of the Quadrise MSAR® process, which will seek to further process the oil into a premium, heavy fuel oil product for retail sale as IMO 2020 compliant bunker fuel or as No. 6 diesel for heavy machinery. The aim of the upgrade works is to increase the POSP's capacity to 500 bopd and to run it for a sufficient period of time for the design to be reviewed and the operations verified by third party engineers. On completion of this work, it is intended that a FEED will be completed for a commercial scale (up to 10,000 bopd) oil sands plant.