Air Products' Nitrogen Recovery Unit Equipment Selected for ExxonMobil Texas Project
February 16 2010 - 11:30AM
PR Newswire (US)
LEHIGH VALLEY, Pa., Feb. 16 /PRNewswire-FirstCall/ -- Air Products
(NYSE: APD) today announced that it will provide its nitrogen
recovery unit (NRU) and cryogenic gas processing equipment for an
ExxonMobil project in Hawkins, Tex. The new NRU plant will be
operated by ExxonMobil and will process approximately 140 million
standard cubic feet per day of gas. The unit will recover natural
gas for pipeline sale and produce nitrogen for re-injection into
the reservoir to enable enhanced oil and gas recovery. Air Products
will deliver the NRU plant equipment in late 2010, with operations
at Hawkins targeted to commence in late 2011. "Air Products is very
pleased to have been selected by ExxonMobil for this important
project. With global energy demand increasing, we believe that our
technologies provide solutions for enhanced oil recovery projects.
We look forward to further demonstrating the benefits Air Products
delivers to the energy industry," said Tom Mutchler, general
manager, Worldwide Equipment for Air Products. Air Products has
been supplying gases and equipment to the enhanced oil recovery
industry for nearly 50 years and has extensive experience in both
nitrogen rejection and nitrogen injection. Air Products, which
commissioned its first NRU in 1962, is the world leader with its
NRUs having processed the most nitrogen rich natural gas with both
fixed and variable content nitrogen. In 2008, Air Products
commissioned a large nitrogen injection facility in Mexico for
enhanced oil recovery with joint venture partner CryoInfra. The
Mexico project was delivered on time and has exceeded the design
performance criteria. Air Products also has broad natural gas
processing experience through its NRUs, its liquefied natural gas
heat exchanger business, and helium recovery interests around the
world. More information on Air Products' NRU experience and
capabilities is at
http://www.airproducts.com/EnhancedOilandGasRecovery. Air Products
(NYSE:APD) serves customers in industrial, energy, technology and
healthcare markets worldwide with a unique portfolio of atmospheric
gases, process and specialty gases, performance materials, and
equipment and services. Founded in 1940, Air Products has built
leading positions in key growth markets such as semiconductor
materials, refinery hydrogen, home healthcare services, natural gas
liquefaction, and advanced coatings and adhesives. The company is
recognized for its innovative culture, operational excellence and
commitment to safety and the environment. In fiscal 2009, Air
Products had revenues of $8.3 billion, operations in over 40
countries, and 18,900 employees around the globe. For more
information, visit http://www.airproducts.com/. ***NOTE: This
release may contain forward-looking statements. Actual results
could vary materially, due to changes in current expectations.
DATASOURCE: Air Products CONTACT: Media: Art George,
+1-610-481-1340, , or Investors: Nelson Squires, +1-610-481-7461, ,
both of Air Products Web Site: http://www.airproducts.com/
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