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Hydroprocessing Technology Agreement with KBR
Refiners use hydroprocessing technologies to help meet the most stringent product specifications and emissions legislation, maximising the value from bottom of the barrel processing, whilst enjoying the higher unit availability of owner/operator developed technology. With Shell and KBR as leading licensors in the refining industry, this alliance combines the companies’ core technology and processing strengths to provide customers with quality and competitive hydroprocessing solutions.
The agreement is effective immediately and allows KBR the opportunity to bring Shell’s robust technology solutions to clients across the globe.
“Shell Global Solutions is committed to its global alliances and to providing customers with cost effective solutions designed according to their needs. Through our alliance with KBR, we are demonstrating our long term commitment to providing high quality, innovative technology to the refining industry,” said Dave Clark, General Manager, Process Licensing, Shell Global Solutions International B.V.
“This agreement is consistent with KBR Technology’s growth strategy for our bottom of the barrel refining technologies. The strength of this alliance lies in the synergies between KBR’s technology and engineering expertise and Shell’s catalyst and operations experience. We look forward to pursuing commercial opportunities for Shell’s hydroprocessing technologies immediately,” said John Derbyshire, President, KBR Technology.
Media Relations, Shell International Ltd – telephone: +44 207 934 2713
Media Relations, KBR, Inc Gabriela Segura +713-753-8694, email@example.com
Notes to editors
KBR is a global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power and industrial markets. KBR Technology specializes in developing and licensing energy-efficient and cost-effective process technologies that enhance the technical and economic positions of global oil and gas and petrochemical companies. For more information, visit www.kbr.com.
Shell Global Solutions
Shell Global Solutions is a network of independent technology companies in the Shell Group which provide technical consultancy and licensed technologies for both the Shell Group and third party customers within the energy industry.
In response to the significant challenges facing the industry today, Shell Global Solutions strives to deliver innovative technical solutions and effective technology to support its customers in their day-to-day operations and delivery of strategic plans.
This enables customers to improve the capacity and performance of existing units; integrate new process units into existing refineries and petrochemical complexes; incorporate advanced catalyst systems and reactor internals; through to the design of grassroots refineries. More information on Shell Global Solutions is available at www.shell.com/globalsolutions.
Shell Global Solutions is affiliated with Shell’s catalyst companies which innovate and sell catalysts through a network that includes Criterion Catalysts & Technologies, Zeolyst International, CRI Catalyst Company and CRI KataLeuna.
This document contains forward-looking statements concerning the financial condition, results of operations and businesses of Royal Dutch Shell plc. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements.
Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements.
Forward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions.
These forward-looking statements are identified by their use of terms and phrases such as ‘‘anticipate’’, ‘‘believe’’, ‘‘could’’, ‘‘estimate’’, ‘‘expect’’, ‘‘intend’’, ‘‘may’’, ‘‘plan’’, ‘‘objectives’’, ‘‘outlook’’, ‘‘probably’’, ‘‘project’’, ‘‘will’’, ‘‘seek’’, ‘‘target’’, ‘‘risks’’, ‘‘goals’’, ‘‘should’’ and similar terms and phrases.
There are a number of factors that could affect the future operations of Royal Dutch Shell plc and could cause those results to differ materially from those expressed in the forward-looking statements included in this announcement, including (without limitation): (a) price fluctuations in crude oil and natural gas;
(b) changes in demand for the Shell Group’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserve estimates; (f) loss of market and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including potential litigation and regulatory effects arising from recategorisation of reserves;
(k) economic and financial market conditions in various countries and regions; (l) political risks, project delay or advancement, approvals and cost estimates; and (m) changes in trading conditions.