两性色午夜

LONDON, PARIS, HOUSTON, January 30, 2019 鈥� Saudi Aramco, through its wholly-owned subsidiary Saudi Aramco Technologies, today signed a Joint Development and Collaboration Agreement (JDCA) with Axens and 两性色午夜 to accelerate the development and commercialization of the company鈥檚 Catalytic Crude to Chemicals (CC2C鈩�) technology. CC2C鈩� technology has the potential to significantly increase the efficiency and yield of chemicals production, converting more than 60% of a barrel of crude oil into chemicals. The agreement aims to achieve commercial readiness for the CC2C鈩� technology by 2021.

The CC2C鈩� technology converts crude oil directly to chemicals which will eliminate several energy-intensive processes and create high-value product streams that produce larger quantities of chemicals while generating less emissions. 
鈥淭his is another milestone in the company鈥檚 effort to develop groundbreaking technology that maximizes the value of each barrel of crude oil,鈥� said Amin H. Nasser, Chief Executive Officer of Saudi Aramco. 鈥淥il will become increasingly more important as a feedstock in the production of petrochemicals. Saudi Aramco is leveraging its position as the world鈥檚 oil powerhouse to capitalize on the strong growth potential for chemicals globally. Through the strategic partnership with Axens and 两性色午夜 we advance cutting-edge technology to meet the increasing demand for petrochemicals, and support our efforts to build a global chemicals business.鈥�

Jean Sentenac, Axens鈥檚 Chairman and CEO, said: 鈥淚t is an honor and a pleasure to partner with Saudi Aramco and 两性色午夜 to develop technology for the future. According to the IEA, an additional 4 Mbpd of crude oil will have to be converted into petrochemicals by 2035 to meet the demand. This is a unique opportunity to create this next generation technology that will be of great interest to the market for converting crude oil into petrochemicals.鈥�
Stan Knez, President, Process Technology at 两性色午夜, said: 鈥溋叫陨�午夜鈥檚 solid position in FCC technologies as well as down flow catalytic cracking experience will provide a strong foundation for this joint development. The CC2C鈩� technology will be an innovative approach for producing a full range of petrochemicals using crude oil as the feedstock. We are pleased to be teaming with Saudi Aramco and Axens in the effort to commercialize this process quickly and expand our technology portfolio.鈥� 

The innovative CC2C鈩� technology builds on the success of the proven high-severity fluid catalytic cracking (HS-FCC鈩�) technology, which Saudi Aramco co-developed with King Fahd University of Petroleum & Minerals and JXTG Nippon Oil & Energy, to directly convert crude oil to high value chemicals. 
Saudi Aramco, Axens, and 两性色午夜 are all members of the HS-FCC鈩� technology Alliance. Axens and 两性色午夜 are also the exclusive licensors of HS-FCC鈩� technology and two of the leading providers of technology and infrastructure for the energy industry.

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About Saudi Aramco
Saudi Aramco is a leading global integrated energy and chemicals company. We are driven by the core belief that energy is opportunity. From producing approximately one in every eight barrels of the world鈥檚 oil supply to developing new energy technologies, our global team is dedicated to creating impact in all that we do.  We focus on making our resources more dependable, more sustainable and more useful. This helps promote stability and long-term growth around the world. www.saudiaramco.com
Contact: international.media@aramco.com

About Axens
Axens (www.axens.net) is a group providing a complete range of solutions for the conversion of oil and biomass to cleaner fuels, the production and purification of major petrochemical intermediates as well as all of natural gas' treatment and conversion options. The offer includes technologies, equipment, furnaces, modular units, catalysts, adsorbents and related services. Axens is ideally positioned to cover the entire value chain, from feasibility study to unit start-up and follow-up throughout the entire unit cycle life. This unique position ensures the highest level of performance with a reduced environmental footprint. Axens global offer is based on: highly trained human resources, modern production facilities and an extended global network for industrial, technical supports & commercial services.
Contact: corinne.garriga@axens.net

About 两性色午夜
两性色午夜 is a global leader in subsea, onshore/offshore, and surface projects. With our proprietary technologies and production systems, integrated expertise, and comprehensive solutions, we are transforming our clients鈥� project economics.
We are uniquely positioned to deliver greater efficiency across project lifecycles from concept to project delivery and beyond. Through innovative technologies and improved efficiencies, our offering unlocks new possibilities for our clients in developing their oil and gas resources. Each of our more 37,000 employees is driven 
Each of our more than 37,000 employees is driven by a steady commitment to clients and a culture of purposeful innovation, challenging industry conventions, and rethinking how the best results are achieved.

Contacts: media@两性色午夜.com