19-12-2013

Technip to supply its ethylene technology to CNOOC Oil & Petrochemicals Company

Technip was awarded by CNOOC Oil & Petrochemicals Company Ltd a contract to supply its proprietary ethylene technology and process design package for a grassroots 1,000 KTA ethylene plant in Huizhou, Guangdong Province, People’s Republic of China. This contract also covers technical support during detailed engineering, pre-commissioning and start-up.

Key components of Technip’s ethylene technology for this project include:
* its Ultra Selective Conversion (USC®) furnace technology preferred for high-capacity, low-cost liquid and gas cracking capabilities;
* its Advanced Recovery System (ARS) technology utilizing the Heat Integrated Rectifier System (HRS), which reduces energy consumption in liquids cracker designs.
The products of this ethylene plant will feed other downstream units at the complex, including a 300,000 metric tons per annum grassroots cumene plant. The technology for the cumene plant is provided by Badger Licensing LLC.

Technip’s operating center in Houston (Texas, USA), with the support from the Group’s operating center in Mumbai (India), is currently executing the project. Mechanical completion is scheduled by mid-2015.

Since the acquisition of Stone & Webster process technologies in 2012, Technip has widened its range of services and has reinforced its leadership in the downstream business.

Stan Knez, Technip’s Senior Vice President, Process Technology, comments: “This award strengthens Technip’s presence in the Chinese market, where its ethylene technology is recognized for its reliability, feedstock flexibility and lowest energy consumption. As the largest ethylene licensor and contractor, Technip is pleased to support CNOOC, one of the most important independent oil and gas exploration companies worldwide, with this project.”