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Derick Markwell

Derick is the founder and Managing Director of Orbit Energy. He is an oil and gas facilities specialist with over 28 years of experience in planning and executing offshore oilfield developments both in Australia and SE Asia. Derick also co-founded Ochre Energy which he has now exited to pursue LNG and CNG opportunities under Orbit Energy. Derick Markwell is Founder and Managing Director of Atlas EPM and Tensa Equipment, sister companies that specialises in the engineering of small oil and gas developments and equipment for the offshore oil and gas industry respectively. He is also a director of Hydra Energy Pty Ltd. Before this, he co-founded ICON Engineering, a provider of oilfield engineering and construction services and was the Chief Facilities Engineer for Chevron’s Barrow Island asset, a mature onshore oilfield.


 

GREENHOUSE GAS EMISSIONS

Due to its chemical characteristics, natural gas is the cleanest burning fossil fuel because of its larger hdrogen to carbon ratio. It produces fewer CO2 emissions and pollutants than either coal or diesel.
The saving in CO2 emissions from combusting natural gas amounts to roughly 65% compared with coal and 25% compared with diesel.

ENERGY DENSITY

LNG has an energy density 600 times greater than natural gas at 1 atmosphere .
CNG has an energy density of approximately 250 times greater than natural gas at 1 atmosphere.


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