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 June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Marine Propulsion

Firefighting Vessel Delivered to the US Army

New Orleans based maritime solutions company Technology Associates, Inc. (TAI) informs it has completed its contract for the design and construction of a fast response

Yanmar Diesel Engines for Fast New Crew Tender

The expansion of the number of wind turbines out at sea near the northern Dutch coast was reason enough for Ubels Offshore to expand its fleet with a fifth ship last year.

Hapag-Lloyd's New Noses Lower Emissions

Hamburg based shipping company Hapag-Lloyd plans for 24 of the largest containerships in its fleet to get new bulbous bows by 2016, with some of the vessels also

Energy

Oceans Can’t Take Any more: Researchers Fear Fundamental Change

Our oceans need an immediate and substantial reduction of anthropogenic greenhouse gas emissions. If that doesn’t happen, we could see far-reaching and largely

Teekay LNG Partners Declares Distribution

Teekay GP LLC, the general partner of Teekay LNG Partners L.P. has declared a cash distribution of $0.70 per unit for the quarter ended June 30, 2015. The cash distribution is payable on August 14,

Technip Samsung JV Wins 2 FLNG Project Contracts

The Browse project covers the realization and installation of three FLNG units to develop the Brecknock, Calliance and Torosa fields in the Browse Basin, 425 kilometers North of Broome,

 
 
Maritime Contracts Naval Architecture Offshore Oil Pipelines Port Authority Ship Electronics Ship Repair Ship Simulators Sonar Winch
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: 0.1152 sec (9 req/sec)