Conoco-bechtel Alliance Licenses Coking Process To Exxon Company, U.S.A.

November 3, 1998 Bechtel Corporation announced today that one of its business units, the Conoco-Bechtel Coker Technology Alliance, was awarded a contract by Exxon Company, U.S.A., to provide Conoco-licensed delayed coking technology for two of Exxon's refineries.
Exxon has selected the Conoco Coking Process for the recently announced grassroots Coker Project at its Baytown, Texas, refinery. The addition of the 40,000 barrel-per-day coker to the Baytown refinery is part of Exxon's recently announced crude oil supply agreement with the Mexican state oil company, Petroleos Mexicanos. Additionally, Exxon has chosen to license Conoco-Bechtel delayed coking technology for the three existing coking units at its Baton Rouge refinery.

"The Conoco Coking Process is based on more than 40 years of operating experience by Conoco and on features that allow us to tackle the unique challenges of processing a heavy crude oil like Maya in a safe and economical manner," explains Conoco-Bechtel Alliance Manager Randy Wolf.

Under the Conoco-Bechtel Alliance, which was formed in 1994, Bechtel operates as Conoco's exclusive worldwide partner to market the Conoco Coking Process.

A privately held firm since 1898, Bechtel has provided engineering, construction, and management services on over 19,000 projects for customers in 140 nations. Its 1997 revenues totaled $11 billion.