McDermott announces Chevron Lummus Global Technology award by Southeast Asian refiner
McDermott International, Inc. today announced that Chevron Lummus Global (CLG), McDermott’s joint venture with Chevron, has been awarded a sizeable* contract by a Southeast Asian refiner for the license, engineering and supply of proprietary catalyst and equipment for its Lubricant Base Oil Group II Project to be built in Southeast Asia.
The new 5,200-barrels-per-day unit will employ CLG’s state-of-the-art lubricant base oil technologies for premium lube base oil production. Currently, the refinery produces only Group I lube base oils, and this project will allow them to meet growing regional demand for premium lubricant base oils.
“The lubricant base oil technology that we license through Chevron Lummus Global has helped our customers produce greater yields and better quality base oils, which was an important factor in the selection process of this project,” said Leon de Bruyn, Senior Vice President of McDermott’s Lummus Technology business. “With the recent award of several new projects in the region, CLG cherishes solid, long-standing relationships with refiners in the Asia Pacific region.”
This contract was signed in the first quarter of 2020.
* – McDermott defines a sizeable contract as between USD $1 million and USD $50 million.
About Lummus Technology
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 3,400 patents and patent applications, Lummus Technology provides one of the industry’s most diversified technology portfolios to the hydrocarbon processing sector.
McDermott is a premier, fully integrated provider of technology, engineering and construction solutions to the energy industry. For more than a century, customers have trusted McDermott to design and build end-to-end infrastructure and technology solutions to transport and transform oil and gas into the products the world needs today. Our proprietary technologies, integrated expertise and comprehensive solutions deliver certainty, innovation and added value to energy projects around the world. Customers rely on McDermott to deliver certainty to the most complex projects, from concept to commissioning. It is called the “One McDermott Way.” Operating in over 54 countries, McDermott’s locally focused and globally integrated resources include more than 42,000 employees, a diversified fleet of specialty marine construction vessels and fabrication facilities around the world. To learn more, visit www.mcdermott.com.