Bechtel has secured a front-end engineering and design (FEED) contract for the natural gas-to-gasoline manufacturing facility in the US.
Nacero has awarded the FEED contract for the lower carbon gasoline manufacturing facility, which is estimated to be constructed at a cost of $6.5bn-$7bn.
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The 115,000 barrel per day plant is planned to be built in two phases in Penwell, Texas, near Odessa in the heart of the Permian basin.
Bechtel, upon completion of the FEED work, plans to deliver a lump sum, turnkey EPC price proposal.
The firm will make use of sustainable design and execution tools to enable carbon reduction in the supply chain.
It will also help reduce the carbon footprint of the project during the construction phase.
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By GlobalDataNacero president and CEO Jay McKenna said: “For America to achieve its domestic energy and climate change mitigation goals we need big vision and laser-focused execution. Bechtel is centre stage in helping us get there.”
Upon completion, the gasoline manufacturing plant will be the first of its kind in the world to feature carbon capture, carbon sequestration, and 100% renewable power.
Phase I of the plant will produce 70,000 barrels per day of gasoline component containing no sulphur.
Bechtel Energy president Paul Marsden said: “This project is truly a game-changer. It will give everyday American drivers a chance to participate in the energy transition and will be a model for the kind of environmental improvement America is looking to bring about.”
Planned to be built with support from Odessa Development Corporation, the gasoline manufacturing facility will be the first in the US to make gasoline from natural gas.
