ConocoPhillips and Bechtel Renew Worldwide LNG Alliance

Monday, October 14, 2002
ConocoPhillips and Bechtel Corp. have agreed to renew their collaboration of pursuing worldwide liquefied natural gas (LNG) projects. The collaboration will build upon the recent success of ConocoPhillips as a major owner and participant in the worldwide LNG industry, and Bechtel's recent awards in the engineering and construction of major projects in Trinidad and Egypt. "The ConocoPhillips-Bechtel collaboration continues our commitment to providing our LNG technology while leveraging our position as a pre-eminent participant in the LNG industry worldwide," said Rick Hernandez, ConocoPhillips' manager of worldwide LNG technology licensing. "ConocoPhillips and Bechtel continue to capitalize on our respective LNG strengths to increase our global market share of LNG facilities." Amos Avidan, Bechtel's principal vice president and manager of petroleum and chemicals technologies, said: "Bechtel has been a global leader in LNG engineering and construction for over 30 years, and our recent awards add to our LNG design portfolio. Combining our expertise with ConocoPhillips' continues to provide our customers with lower capital and operating costs, faster time to market, more reliable operations, and overall greater value." The ConocoPhillips' Optimized Cascade LNG Process was first used in 1969 in the company's gas liquefaction plant on the Kenai Peninsula in Alaska. Designed and built by Bechtel, the facility was the first to ship LNG to Japan and the first to use gas turbines to drive its compressors. It has demonstrated more than 32 years of uninterrupted supply to Japanese customers. Bechtel and ConocoPhillips are currently working on expanding the Atlantic LNG facility in Trinidad. Train 1 has achieved high availability and reliability in its first three years of operation. Train 2 recently was started up successfully, and engineering construction is continuing on additional trains. Bechtel and ConocoPhillips are continuing to enhance the technology through their Houston-based LNG Product Development Center, where current efforts are aimed at developing higher-capacity plants with improved environmental performance. The center is staffed by employees from both companies and further improves the ConocoPhillips Optimized Cascade LNG process and supports marketing efforts worldwide.
Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Marine Propulsion

Change of Management at Yanmar

Having reached the age of retirement, Geert Jan Mantel will resign from his position as President of Yanmar Europe B.V. as per June 30, 2014, a position he has occupied since April 1, 2002.

LNG Bunkering Will Develop Fast - LR Study

Lloyd's Register’s (LR) LNG Bunkering Infrastructural Survey 2014 indicates that major ports around the world are either planning for, or are anticipating, the wide-scale development of LNG bunkering.

Rolls-Royce congratulates US Navy on christening of USS Zumwalt

Rolls-Royce congratulated the US Navy on the christening of the USS Zumwalt, the first of its new and highly sophisticated DDG 1000 multi-mission destroyer class of ship.

Energy

Australia's GHG fall by 0.8 %

Australia's greenhouse gas emissions fell 0.8 percent in 2013, according to government data, driven by lower electricity demand and a bigger share of renewables in the energy mix.

China crude oil output up

China's refinery crude throughput in March rose 2.6 percent from a year earlier to 41.92 million tonnes, or 9.87 million barrels per day (bpd), data from the National

OGX lands $73 Mln loan

Bankrupt Brazilian oil company Óleo and Gás Participações SA, formerly known as OGX, has obtained a $73.2 million loan to finance exports and related costs, the

 
 
Maritime Standards Naval Architecture Navigation Offshore Oil Pod Propulsion Port Authority Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1466 sec (7 req/sec)