Fluor’s Deep Dewpointing Process Wins Best Gas Processing/LNG Technology at Hydrocarbon Processing 2019 Awards

Wednesday, November 20, 2019 12:07 pm EST

Dateline:

IRVING, Texas

Public Company Information:

NYSE:
FLR
US3434121022
"We are honored to receive this year’s award for Best Gas Processing/LNG Technology for our Deep Dewpointing Process"

IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that its patented Deep Dewpointing Process (DDP) won Best Gas Processing/LNG Technology at the Hydrocarbon Processing 2019 Awards gala event held in Houston earlier this month.

“We are honored to receive this year’s award for Best Gas Processing/LNG Technology for our Deep Dewpointing Process,” said Mark Fields, group president of Fluor’s Energy & Chemicals business. “This award recognizes Fluor’s innovative culture and highlights how our leading-edge technology in gas processing helps our clients improve performance and flexibility, reduce capital and operating costs, and improve the safety of their facilities.”

DDP is Fluor’s patented Cryo-Gas technology solution for rich, unconventional gas applications with 6 to 12 gallons per minute natural gas liquid content and 500 pounds per square inch gauge (psig) to 900 psig feed pressure. Fluor’s DDP technology enables a single gas processing plant to recover high levels of propane – 95 percent or greater – in both ethane rejection and ethane recovery modes without the use of a turboexpander. The process is inherently flexible, with exceptional turndown capacity without losing recovery efficiency.

“DDP fills a unique market niche between low recovery mechanical refrigeration plants and expensive ultra-high recovery turboexpander plants,” said Curt Graham, manager of engineering for Fluor’s southern California operations and global gas processing technology lead. “With Fluor’s DDP technology, operators can easily switch between ethane recovery and rejection without losing propane recovery. This innovative approach is critical for midstream organizations that demand flexibility along with performance and capital efficiency in processing rich gas.”

Fluor and Joule Processing are currently working together to implement Fluor's DDP technology into a 60 million standard cubic-feet-per-day gas plant in the Colorado Denver-Julesburg Basin. The DDP technology can markedly improve liquids recovery efficiency in the U.S. midstream industry especially for rich shale gas.

The annual Hydrocarbon Processing awards event recognizes the midstream and downstream processing industry’s top innovations and innovators. This year’s honorees took home awards in 17 categories with 14 encompassing the latest technological advances in the hydrocarbon processing industry and three recognizing some of the industry’s brightest minds. Nearly 100 nominations were submitted from more than 20 countries. Each abstract was voted on by an independent Hydrocarbon Processing advisory board.

About Fluor Corporation

Founded in 1912, Fluor Corporation (NYSE: FLR) is a global engineering, procurement, fabrication, construction and maintenance company that transforms the world by building prosperity and empowering progress. Fluor serves its clients by designing, building and maintaining safe, well executed, capital-efficient projects around the world. With headquarters in Irving, Texas, Fluor ranks 164 on the Fortune 500 list with revenue of $19.2 billion in 2018 and has more than 53,000 employees worldwide. For more information, please visit www.fluor.com or follow Fluor on Facebook, Twitter, LinkedIn and YouTube.

Multimedia Files:

Preview image
Fluor's Charles McManemin, Curt Graham, Jim Shih, Bryant Lynch and Sabrina Devone accept the Hydrocarbon Processing 2019 Best Gas Processing/LNG Technology award earlier this month in Houston. (Photo: Business Wire)
Preview image

Contact:

Brian Mershon
Media Relations
469.398.7621

Jason Landkamer
Investor Relations
469.398.7222

   

Newsroom Inquiries
media.relations@fluor.com

@FluorCorp

Business Wire NewsHQsm