OPERATIONS

ConocoPhillips/Bechtel renew global LNG alliance

Oil giant ConocoPhillips and engineering outfit Bechtel Corp last week agreed to renew their alli...

"The ConocoPhillips/Bechtel collaboration continues our commitment to providing our LNG technology while leveraging our position as a pre-eminent participant in the LNG industry worldwide," said ConocoPhillips' manager of worldwide LNG technology licensing, Rick Hernandez.

"ConocoPhillips and Bechtel continue to capitalise on our respective LNG strengths to increase our global market share of LNG facilities."

The close relationship between ConocoPhillips and Bechtel goes back nearly three decades when Bechtel designed and built Conoco's gas liquefaction plant on the Kenai Peninsula in Alaska.

Currently, Bechtel and ConocoPhillips are working on expanding the Atlantic LNG facility in Trinidad. Conoco said Train 1 has achieved high availability and reliability in its first three years of operation while Train 2 recently was started up successfully, and engineering construction is continuing on additional trains.

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