Profile: Genoil Inc (GNO.V)
28 Nov 2013
Genoil Inc. (Genoil), incorporated on September 05, 1996, is engaged in development of technologies relating to the oil and gas industry. The Company is primarily involved in the development and commercial applications of its heavy oil upgrading technology the Genoil Hydroconversion Upgrader (GHU). The Company owns rights to several patented and technologies. The Company has formed a new company in the Middle East with SBK Commercial Business Group in the United Arab Emirates. The Company is named Genoil Emirates.
Pilot Heavy Oil Upgrader
Genoil is primarily involved in the development and commercial applications of its heavy oil upgrading technology, the GHU. The GHU converts sour (high sulphur), heavy hydrocarbon feed stocks into lighter oil with higher quality distillates for conventional refining. The GHU process uses a hydrogen enrichment methodology based on catalytic hydrogenation and flash separation. A GHU provides mass/heat transfer between hydrogen, crude and catalyst. As a result, hydroconversion can be achieved at mild operating conditions. Sour, acidic, heavy crude and residual by-products are converted into lighter distillates, increasing the application programming interface (API), while maximizing denitrogenation, desulphurisation and demetalisation to meet new regulatory requirements. The upgraded crude product have higher yields of naphtha, distillates and vacuum gas oil with reduced levels of contaminants such as sulphur, nitrogen and metals. Genoil’s process is designed specifically to eliminate the sulphur from the feed stocks.
The Genoil Water Treatment Department the Crystal Separator, is applicable for a range of applications, including off-shore oil platforms, wastewater treatment plants, refineries, gasoline service stations and ports. Its Crystal Sea oil and water separator is a compact unit that is able to handle small volumes from two gallons per minute to 20 gallons per minute using a compartmental process. Genoil has completed testing on its Crystal Sea bilge water separator at Testing Service, Inc., in Salt Lake City, Utah. The Crystal Sea units are bilge separators. The Company is marketing the Crystal Sea globally, targeting shipyards, ship designers, ship owners, cruise lines, and navies.
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