Bechtel's ThruPlus® Delayed Coking Technology Selected For Egyptian Refinery

Company partners with Assiut Oil Refining Company for a new delayed coking unit

Houston, TX /PRNewswire/ - Bechtel has signed a license agreement with Assiut Oil Refining Company (ASORC), a subsidiary of Egyptian General Petroleum Corporation (EGPC), for the process design of a delayed coking unit at the Assiut refinery in Egypt. The new delayed coking unit will be part of the US$ 1.5 billion refinery modernization program, using Bechtel's proprietary ThruPlus® coking technology to upgrade heavy oil into high-value, light hydrocarbon liquids.

"Investment in the Assiut Refinery will increase production of petroleum products to meet Upper Egypt's growing demands, while maintaining important environmental standards," said Nagi Abd El-Ghaffar Kassab, chairman of ASORC. "The addition of a modern delayed coking unit was determined to be the most economical option to allow the refinery to increase complexity and eliminate heavy fuel oil product."

"Implementation of Bechtel's ThruPlus® technology combined with our delayed coking expertise and extensive experience of our people will increase the efficiency of the Assiut refinery," said Dan Olsen, president of Bechtel Hydrocarbon Technology Solutions. "We are looking forward to working with ASORC to support their goal of expanding the refinery's capabilities aligned with Egypt's strategic energy and economic goals. The use of ThruPlus® technology at the Assiut refinery will also enhance efficiency of EGPC operations as they already use the technology at a refinery in Alexandria operated by another subsidiary, Middle East Oil Refining Co."

Bechtel Hydrocarbon Technology Solutions is a Bechtel subsidiary that provides technology licensing and process consulting services to the oil, gas, and petrochemical industry. Bechtel Hydrocarbon Technology Solutions acquired ThruPlus® technology from ConocoPhilips in 2011.

About Bechtel:
Bechtel is among the most respected engineering, project management, and construction companies in the world. We stand apart for our ability to get the job done right—no matter how big, how complex, or how remote. Bechtel operates through five global business units that specialize in civil infrastructure; power generation, communications, and transmission; mining and metals; oil, gas, and chemicals; and government services. Since its founding in 1898, Bechtel has worked on more than 25,000 projects in 160 countries on all seven continents. Today, our 53,000 colleagues team with customers, partners, and suppliers on diverse projects in nearly 40 countries. www.bechtel.com.

About ASORC:
Assiut Oil Refining Company (ASORC) is a subsidiary of Egyptian General Petroleum Corporation. It was established in October 1984 to meet the needs of Upper Egypt for petroleum products. ASORC-owned refinery is located 400 km south of Cairo on over 1037 acres. The grass-roots refinery has the capacity of 4.5 MM T/Y of distillation crude. ASORC is in the process of developing a new Naphtha complex (NHT, CCR and Isomerization unit) with a capacity 660,000 T/Y to provide high value gasoline for Upper Egypt.