UK-based Lux Assure has launched a new chemical detection kit for the oil and gas sector, which determines the concentration of methanol or monoethylene glycol (MEG) in oil and water.
Lux Assure managing director Emma Perfect said the OMMICA kit is the first of the company’s products to be launched since it focused on the oil and gas industry in 2010.
Go deeper with GlobalData
"We are extremely excited by the positive response OMMICA has generated so far from the oil and gas sector," she said. "Commercialisation work on our other technologies is continuing and we intend to launch our next product for the large corrosion monitoring market soon."
OMMICA is simple approach to detect the presence of methanol and MEG, which can cause serious issues while processing hydrocarbons and lead to discounted pricing.
Lux Assure has conducted a number of successful field trials for the product with big North Sea oil firms; the kit has also been adopted by operators in Africa, Australia and Europe, with further sales expected to go to North America and Brazil in the early part of this year.
See Also:
OMMICA was initially funded and trialled by a North Sea operator, which needed a quick and simple offshore method to monitor methanol and MEG in oil.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe development was also supported by a SMART: SCOTLAND grant from the Scottish Government; funding also came from Archangel Informal Investment Ltd and the Scottish Enterprise Co-Investment Fund.
