Jacobs Signs THIOPAQ O&G Sulfur Recovery Technology Licensor Agreement with Paqell
October 11 2017 - 7:45AM
Business Wire
Delivering high sulfur recovery efficiency,
installation and operating cost reduction, and chemical waste
elimination
Jacobs Engineering Group Inc. (NYSE:JEC) signed a sulfur
recovery technology licensor agreement with Paqell, a joint venture
between Shell Global Solutions and Paques BV, for use of its
THIOPAQ O&G (Oil and Gas) technology in refineries and gas
treating facilities across the globe. This agreement positions
Jacobs as the only gas treating and sulfur recovery licensing
company to license THIOPAQ O&G to low capacity sulfur facility
owners, providing a reduced capital expenditure (CAPEX) operational
expenditure (OPEX) option, which eliminates the chemical waste
produced by alternative technologies.
THIOPAQ O&G is a biological process which integrates gas
purification with sulfur recovery in a single unit, resulting in
high sulfur recovery levels at reduced installation and operating
costs. This process involves sulfur components, such as mercaptans
(R-SH) and hydrogen sulfides (H2S), being removed from a gas stream
and converting them into biologically formed sulfur. Expanding
Jacobs’ Comprimo® Sulfur Solutions technology portfolio, this
biological process is becoming increasingly important to the
industry as it looks for ways to reduce chemical waste which pose
both environmental and safety hazards.
“Refining and gas treating facility owners and operators require
reliable technology that delivers low CAPEX and OPEX, provides high
sulfur recovery efficiency, and minimizes environmental impact,”
said Jacobs Mining & Minerals and Specialty Chemicals Senior
Vice President and General Manager Andrew Berryman. “THIOPAQ
O&G meets all of these business objectives, making it the
perfect addition to Jacobs’ Comprimo Sulfur Solutions technology
portfolio.”
Jacobs' Comprimo Sulfur Solutions provides licensing,
engineering, procurement and construction services to gas treating
and sulfur recovery plants around the world, such as adding new
units, increasing sulfur recovery efficiency, adding more
processing capacity through gas treating enrichment or oxygen
enrichment, and conducting sulfur degassing and handling.
Jacobs is one of the world’s largest and most diverse providers
of full-spectrum technical, professional and construction services
for industrial, commercial and government organizations globally.
The company employs over 54,000 people and operates in more than 25
countries around the world. For more information, visit
www.jacobs.com.
Statements made in this release that are not based on historical
fact are forward-looking statements. We base these forward-looking
statements on management’s current estimates and expectations as
well as currently available competitive, financial and economic
data. Forward-looking statements, however, are inherently
uncertain. There are a variety of factors that could cause business
results to differ materially from our forward-looking statements.
For a description of some of the factors which may occur that could
cause actual results to differ from our forward-looking statements
please refer to our Form 10-K for the year ended September 30,
2016, and in particular the discussions contained under Items 1 -
Business, 1A - Risk Factors, 3 - Legal Proceedings, and 7 -
Management's Discussion and Analysis of Financial Condition and
Results of Operations. We do not undertake to update any
forward-looking statements made herein.
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Jacobs Engineering Group Inc.Salim Rahimi, 214.583.8428
Jacobs Engineering (NYSE:JEC)
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