March 29, 2023
Lummus Proves A Vital Tech Partner In Energy Transition
Lummus was recently featured in an Oil & Gas News (OGN) article, with CEO Leon de Bruyn, discussing the pathways to decarbonize the Middle East’s downstream processing industry
OGN: What role can technology licensors play in the Middle East's energy transition?
First, it is important to acknowledge the ambitious and broad energy transition plans and net-zero
goals in the Middle East. And when drilling down to the regional downstream operations, which is
Lummus’ sector, I want to also acknowledge that some of the most visionary strategic plans for
downstream as- sets have come out the Middle East. These goals weigh on investment decisions and strategies, so many companies and countries throughout this region have an interest in and understand the value of cleaner and more energy efficient downstream assets. So, as a technology licensor, Lummus’ role is to innovate and develop technologies that lower the carbon footprint of existing and new downstream facilities.
Some of the ways we achieve this is by designing more energy efficient plants that minimize
feedstock consumption and reduce waste. More drastic and positive impacts are created by step-out
technology solutions that we develop such as crude- to-chemicals. We also offer solutions that fit the various stages of an as- set’s operating cycle, such as reducing or eliminating the carbon footprint of heaters, extending the life of catalysts and employing digital solutions for optimized performance. Effectively combining and integrating technology and lifecycle services is key to decarbonize the
downstream processing industry in the Middle East.
Source: ognnews.com
Read the complete article by downloading below.
OGN: What role can technology licensors play in the Middle East's energy transition?
First, it is important to acknowledge the ambitious and broad energy transition plans and net-zero
goals in the Middle East. And when drilling down to the regional downstream operations, which is
Lummus’ sector, I want to also acknowledge that some of the most visionary strategic plans for
downstream as- sets have come out the Middle East. These goals weigh on investment decisions and strategies, so many companies and countries throughout this region have an interest in and understand the value of cleaner and more energy efficient downstream assets. So, as a technology licensor, Lummus’ role is to innovate and develop technologies that lower the carbon footprint of existing and new downstream facilities.
Some of the ways we achieve this is by designing more energy efficient plants that minimize
feedstock consumption and reduce waste. More drastic and positive impacts are created by step-out
technology solutions that we develop such as crude- to-chemicals. We also offer solutions that fit the various stages of an as- set’s operating cycle, such as reducing or eliminating the carbon footprint of heaters, extending the life of catalysts and employing digital solutions for optimized performance. Effectively combining and integrating technology and lifecycle services is key to decarbonize the
downstream processing industry in the Middle East.
Source: ognnews.com
Read the complete article by downloading below.