KBR has signed a memorandum of understanding (MoU) with L&T Hydrocarbon Engineering Ltd (LTHE) for refinery and petrochemical projects, KBR announced on Friday.
"This MoU brings together KBR's century-long technology expertise and LTHE's strong capability as a major EPC player and modular solution provider," said Doug Kelly, KBR president, Technology Solutions.
KBR and LTHE will collaborate to develop new business opportunities, where KBR will license proprietary technology and engineering services and LTHE will be the EPC provider. In addition, LTHE will exclusively bid for projects globally, with specific focus in India, South East Asia, the Middle East and Africa.
The bids will specifically involve KBR's solid acid alkylation technology (K-SAATTM), solvent de-asphalting technology (ROSE) and catalytic olefins technology (K-COTTM). K-SAAT is KBR's next generation solid acid alkylation technology that provides high alkylate yield and high feed flexibility.
KBR's solvent de-asphalting technology, ROSE, has more than 90 percent market share among solvent de-asphalting technologies. KBR's K-COT is a catalytic olefins technology that convert low-value olefinic, paraffinic or mixed streams into high-value propylene, ethylene and aromatics.
"KBR's innovative and reliable process technologies have been helping refinery and petrochemical plants globally to optimize production and reduce operating costs," added Kelly.
About KBR, Inc.
KBR is a global provider of differentiated professional services and technologies across the asset and program lifecycle within the Government Solutions and Energy sectors. KBR employs approximately 37,000 people worldwide (including our joint ventures), with customers in more than 80 countries, and operations in 40 countries, across three synergistic global businesses: Government Solutions, Technology Solutions, Energy Solutions.