Duvas Technologies Limited - Development Of Prototype - Portable Gas Analyser For Oil & Gas Industry

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Duvas was established in April 2008 to develop and commercialise a new multi-species gasanalyser.The technology permits highly specific ultraviolet fingerprinting which allows for theidentification of many key gases, which other technologies either simply cannot measure, orthat cannot be measured in a single device. The unique strengths of the technology include theability to carry out multiple species accurate real-time gas analysis within a single costeffectivecompact unit, which can be deployed on either a fixed, mobile, or portable basis.Core technology development has to date been focussed on the AQM market, however Duvasnow wishes to expand into the oil & gas (O&G) industry, which opens up a significantlylarger global market opportunity.In order to address the O&G market, Duvas needs to develop a prototype field portable gasanalyser, which market research has indicated will require a 50% reduction in size and weightfrom the existing AQM market device requiring a re-designed optical configuration. Asimportantly, the O&G industry also requires very high safety standards given the potentiallycombustible environment, such that any equipment should not risk cause of any sparking orother ignition of liquids / gases (ATEX certification).The O&G field portable gas analyser will allow faster identification of gas leaks that will leaddirectly to health and safety benefits. There are also economic implications in terms ofrefinery downtime should carcinogenic chemicals be present.For the UK, as well as additional jobs at Duvas, we intend to manufacture the units in the UKand have narrowed down potential manufactures to two, one in England and one in Scotland.The success of an O&G product will create a small, but highly skilled, number ofmanufacturing jobs.The objective of this project is to develop a field portable gas analyser for the O&G market,which is important to the commercial success of the company.