Gulf Oil and Gas accountACCOUNT

McDermott Awarded Petrochemicals Contract in Kuwait

Source: www.gulfoilandgas.com 4/22/2019, Location: Middle East

McDermott International, Inc. (MDR) and Kuwait Integrated Petroleum Industries Company (KIPIC), a subsidiary of Kuwait Petroleum Corporation (KPC), announced that KIPIC has awarded McDermott a technology contract for the basic engineering, technology license and catalyst for an integrated Low Pressure Recovery (LPR) and Olefins Conversion Technology (OCT) unit at KIPIC's Petrochemical Refinery Integration Project (PRIZe) in Al Zour, Kuwait.

Once complete, this unit will produce 330,000 metric tons per annum of polymer grade propylene using refinery by-product streams.

"This award marks the 50th OCT unit that Lummus Technology has licensed, and we are honored to celebrate this milestone with KIPIC," said Leon de Bruyn, Senior Vice President of McDermott's Lummus Technology business. "This is a significant achievement that highlights the trust that our customers have in our industry-leading technologies."

The Petrochemical Refinery Integration project (PRIZe) will add a gasoline block, an aromatics block, OCT unit, polypropylene units, associated utility and offsite facilities to the existing refinery site. The new units will be closely integrated with the ZOR Refinery and LNGI projects which will be operated as an integrated facility once complete.

McDermott's Lummus Technology is a leading licensor of proprietary petrochemicals, refining, gasification and gas processing technologies, and a supplier of proprietary catalysts and related engineering. With a heritage spanning more than 100 years, encompassing approximately 3,100 patents and patent applications, Lummus Technology provides one of the industry's most diversified technology portfolios to the hydrocarbon processing sector. This award will be reflected in McDermott's first quarter 2019 backlog.

Process Technology Licensing News in Kuwait >>

Vietnam >>  5/21/2019 - LyondellBasell (LYB) announced that Phu My Plastics Production JSC. (PMP) has selected the Spheripol polypropylene process technology for a 300 KTA pl...
India >>  5/13/2019 - McDermott International, Inc. (MDR) has been awarded a sizeable technology contract by Chennai Petroleum Corporation Limited (CPCL), a group company o...

United States >>  5/13/2019 - Honeywell (HON) announced that Venture Global LNG, Inc. will use a series of technologies from Honeywell UOP to remove various contaminants from natur...
United States >>  5/7/2019 - KBR, Inc. (KBR) has successfully developed Ammonia 6000™ based on its highly successful Purifier™ based ammonia technology. The Ammonia 6000™ technolo...

Mauritania >>  5/6/2019 - Baker Hughes, a GE company has been awarded a contract to supply turbomachinery equipment for the first phase of BP’s Greater Tortue Ahmeyim floating ...
United States >>  5/6/2019 - The viability of Anellotech’s Bio-TCatTM technology has now been proven by achieving commercially-targeted yields in its TCat-8® pilot unit in Silsbee...

Related Categories: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management 

Related Articles: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management 


Kuwait Oil & Gas 1 >>  2 | 3 | 4 | 5 |

More News

Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.