Jacobs Signs THIOPAQ O&G Sulfur Recovery Technology Licensor Agreement with Paqell
Jacobs Engineering Group Inc. signed a sulfur recovery technology licensor agreement with Paqell, a joint venture between Shell Global Solutions and Paques BV, for use of its THIOPAQ O&G (Oil and Gas) technology in refineries and gas treating facilities across the globe. This agreement positions Jacobs as the only gas treating and sulfur recovery licensing company to license THIOPAQ O&G to low capacity sulfur facility owners, providing a reduced capital expenditure (CAPEX) operational expenditure (OPEX) option, which eliminates the chemical waste produced by alternative technologies.
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