27-10-2015
Bechtel and Chart partner for development of floating LNG facilities
Bechtel and Chart Energy & Chemicals, Inc have signed a long-term agreement to design and build floating LNG (FLNG) process facilities using Chart’s IPSMR® liquefaction technology. Bechtel will have the exclusive right to use Chart’s proprietary liquefaction technology for FLNG facilities, and will only purchase Chart’s proprietary equipment, including brazed aluminum heat exchangers and cold boxes, for facilities designed with IPSMR® technology.
“Chart’s liquefaction technology offers performance optimization for mid-scale LNG plants that complements Bechtel’s FLNG offering for that scale of facility,” said Joe Gebara, general manager of Bechtel’s Offshore business line. “Our collaboration with Chart will enhance current floating LNG engineering and construction models in the industry by offering efficiencies on single mixed refrigerant plants to our customers.”
“Bechtel are world renowned for their EPC and project management expertise and their proud record for the successful execution of LNG projects. We are therefore naturally delighted with this further development in our business relationship and excited by the potential for floating LNG utilizing Charts IPSMR® process in the delivery of natural gas as a clean-burning, safe and economic fuel alternative” commented Mike Durkin, president of Chart’s Energy & Chemicals business unit.
IPSMR® (Integrated Pre-cooled Single Mixed Refrigerant) offers options to integrate additional cryogenic separation stages for nitrogen removal and natural gas liquids recovery. Chart LNG liquefaction processes incorporate brazed aluminum heat exchangers for optimal thermal performance and operating efficiency and are at the heart of the company’s standard plant solutions for small-scale and mid-scale LNG.
The IPSMR® liquefaction technology agreement will be managed by Bechtel Hydrocarbon Technology Solutions, Inc., a wholly owned subsidiary of Bechtel, which provides technology licensing and process consulting services to the oil and gas industry. A leader in the refining, chemical, and industrial market, Bechtel is building about one-third of liquefaction capacity under construction today.
News Category:
-
Beyond processbook & PI vision: Exploring today’s industrial analytics tools
(Webinar) - In the Manufacturing 4.0 era, industrial organizations have more data at their fingertips than ever, offering the promise of higher production rates, more ...
04-06-2024
-
Sasol provides state of the art catalysts to INERATEC for the production of sustainable e-fuels
The catalysts will be used, among others, in the first large-scale industrial Power-to-Liquid (PtL) plant that INERATEC is currently building in Frankfurt, Germany, which ...
24-04-2024
-
Baker Hughes to supply 17 centrifugal compressors to Saudi Master Gas System project
Baker Hughes, an energy technology company, announced Tuesday that it has received an order by Worley, for and on behalf of Aramco, to supply gas technology equipment ...
23-04-2024
-
SABIC Fujian Petrochemicals select Phenol yechnology from KBR
KBR announced today it has been awarded a contract by SABIC Fujian Petrochemicals to license KBR's market-leading phenol technology in China. Under the terms of the ...
22-04-2024
-
Lummus Expands R&D capabilities to enhance innovation and water and wastewater technologies
Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced the opening of its cutting-edge research and development (R&D) ...
17-04-2024
-
Clariant launches new CATOFIN® 312 propane dehydrogenation catalyst
Clariant, a sustainability-focused specialty chemical company, today announced the launch of CATOFIN 312, its latest propane dehydrogenation catalyst. The new catalyst ...
16-04-2024
-
Yokogawa and GridBeyond conclude investment and strategic partnership agreements
Yokogawa Electric Corporation and energy IT solutions provider GridBeyond of Ireland announce that they have concluded a strategic partnership agreement. Furthermore, ...
16-04-2024
-
Heraeus Precious Metals launches Circlear
Heraeus Precious Metals, a globally leading company in the precious metals industry and one of the largest recyclers of precious metals, has introduced its new offering ...
16-04-2024
-
EMA and JERA to cooperate on LNG procurement and supply chains
The Energy Market Authority and JERA Co Inc, have signed a Memorandum of Understanding to cooperate on mutually beneficial areas in liquefied natural gas procurement ...
16-04-2024
-
Hexagon and Dragos unveil technical partnership to strengthen industrial cybersecurity
Hexagon’s Asset Lifecycle Intelligence division today announced a strategic partnership with Dragos, a global leader in cybersecurity for operational technology (OT). ...
16-04-2024