Conocophillips and Bechtel Corp. Announces Heads of Agreement for Delayed Coking Collaboration
ConocoPhillips' ThruPlus Coking Process is an advanced thermal process for upgrading low-value, heavy hydrocarbon residues into high-value, light hydrocarbon liquids. Backed by more than 50 years of operating experience, this proprietary process provides safety and environmental advancements, and achieves higher unit throughput, superior liquid yields and improved unit reliability for both grassroots facilities and existing coking units.
ConocoPhillips' extensive experience in delayed coking and technology licensing, combined with Bechtel’s leadership in engineering and executing delayed coking projects, makes this a natural combination to provide optimized environmental, safety and efficiency benefits to the refining industry, both now and into the future.
ConocoPhillips is an integrated petroleum company with interests around the world. For more information, go towww.conocophillips.com.
Based in San Francisco, Bechtel is one of the world's premier engineering, construction and project management companies.
Bechtel is a trusted engineering, construction and project management partner to industry and government. Differentiated by the quality of our people and our relentless drive to deliver the most successful outcomes, we align our capabilities to our customers’ objectives to create a lasting positive impact. Since 1898, we have helped customers complete more than 25,000 projects in 160 countries on all seven continents that have created jobs, grown economies, improved the resiliency of the world's infrastructure, increased access to energy, resources, and vital services, and made the world a safer, cleaner place.
Bechtel serves the Energy; Infrastructure; Manufacturing & Technology; Mining & Metals; and Nuclear, Security & Environmental markets. Our services span from initial planning and investment, through start-up and operations. www.bechtel.com