Connect with us

Hi, what are you looking for?

Banks

Chevron Lummus Global and Saudi Aramco Sign LC-HOPI+ Collaboration and Licensing Agreement

RICHMOND, Calif., Dec. 12, 2021 /PRNewswire/ — Chevron Lummus Global LLC (CLG) and Saudi Aramco announced that they have signed a Joint Collaboration and License Agreement to co-develop and license Saudi Aramco’s Heavy Oil Processing Initiative (HOPI+) technology.

HOPI+ aims to achieve relatively higher conversion of vacuum residue and other available heavy feeds, including incremental crude, using CLG’s LC-FINING platform (jointly referred to as LC-HOPI+). The LC-HOPI+ innovative process is expected to help minimize both CAPEX and OPEX and significantly improve margins for bottom-of-the-barrel upgrading. 

In 2019, Saudi Aramco joined CLG at its research and development facility in Richmond, California, to create and develop the initial concept …

Full story available on Benzinga.com

Source Here: benzinga.com

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Healthcare

Scenes from the end of coal: A blasted mountaintop in Kentucky, an underground inferno in Pennsylvania, slowly dying maples in New Hampshire, and a...

Retail

Crocs has a number of shoes on sale up to 50% off including clogs, sandals, slides, flips, boots and more! Source: wral.com

Biz News

This is a commentary on the article The Top Online Business Trends for 2022 Reports OnlineBusiness.com published by 2NEWS. As the new year approaches,...

Arts & Entertainment

All around the world, the pandemic provoked strange nocturnal visions. Can they help shed light on the question of why we dream at all?...

PressRadar.com