Menu
  • Home
  • London Exchange
  • Euronext
  • Australian Exchange
  • Wire
  • Contact Us
  • Business & Finance
NewsnReleases

Fuel technology company Velocys appoints Worley as engineering partner

Posted on February 3, 2020October 9, 2022
Velocys appoints Worley as engineering partner

LONDON, UK: Velocys plc, the sustainable fuels technology company, announced the appointment of Worley to manage the delivery of its fully integrated technology package.

Worley, a world-class engineering contractor, is the partner in the development of pre-feasibility, feasibility and FEED packages for all projects in the Velocys portfolio.

This allows Velocys to leverage synergies across multiple projects and geographies. Worley’s global reach allows an effective collaborative partnership to deliver projects worldwide.

The fully integrated technology package converts waste feedstocks into sustainable aviation and road transport fuels. Velocys has selected all the technology suppliers for its Bayou Fuels woody-biomass-to-fuels project in Natchez, Mississippi, USA. The same technology package will be used for the Altalto Immingham waste-to-fuels project in the UK.

Velocys has also successfully concluded an integrated piloting programme culminating in the production of SPK, diesel and naphtha from representative Fischer Tropsch liquids.

Aviation and heavy goods transport remain the hardest sectors to decarbonise. Passenger vehicles can be electrified but aero planes and trucks require much higher energy density, therefore a liquid fuel remains the more viable choice.

The technology package provides a robust solution to help these industries to unlock a decarbonised future, through access to abundant, sustainable, but difficult-to-process feedstocks such as municipal solid waste and woody biomass residues. Critically, the fuels produced meet all required regulatory standards, and can be used without any modification to engines.

Paul Seaton, Worley President, E&C Services, Europe & Central Asia said: “We are pleased to have been selected as the global engineering partner for these sustainable fuels projects. As a major player in the energy, chemicals and resources sectors, energy transition projects are already a fast-growing part of our business. Worley is determined to work with Velocys to find solutions for a lower carbon world.”

Henrik Wareborn, Velocys CEO, said: “We are delighted to have appointed Worley as our engineering contractor and to partner with our selected technology providers, who bring complementary skills and command excellent reputations. Our unique combination of proven technologies allows Velocys to offer a robust process solution that will be vital to the decarbonisation of challenging sectors and the achievement of net zero targets.”

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Track all markets on TradingView

Investing.comThe Exchange Rates are powered by Investing.com.

Site Navigation

  • Home
  • Listed Companies
  • Contact Us
  • London Stock Exchange
  • Singapore Exchange
  • Canadian Exchange
  • Australian Exchange
  • Oslo Bourse
  • PSX
  • Ratings
  • Euronext
  • MENA
  • Nasdaq Nordic
  • Wire
  • Business & Finance
  • Gadget Reviews
  • About Us: A Comprehensive Financial News Database

All news and articles on NewsnReleases are based on press releases, corporate announcements and analysts’ reports issued to London Stock Exchange (LSE), Euronext, Singapore Exchange (SGX), Japan Stock Exchange (JPX), Dubai Financial Market (DFM), Saudi Stock Exchange (Tadawul), Qatar Stock Exchange (QSE), BSEIndia, Australia Stock Exchange etc.

Listed Companies

Equity Markets and Stock Exchanges

NNR
©2025 NewsnReleases | WordPress Theme by Superb WordPress Themes