Velocys and Bechtel collaborate on SAF project delivery solution for global markets

In the UK, Velocys announced the execution of a master relationship agreement with engineering firm Bechtel Limited. The agreement sets out a route map for the parties to collaborate with each other with the objective of developing an EPC execution model for the company’s sustainable fuels projects. This collaboration will initially focus on Velocys’ two main reference projects – Altalto Project in Immingham, UK and Bayou Fuels Project in the US – and the recently announced e-Alto power-to-liquids project in the UK, all subject to the terms of future contracts. However, the MRA also covers other third-party projects that may be introduced by either Bechtel or Velocys. Under a separate continuing technical services agreement, Bechtel is providing front end project engineering and other technical services to support the development of Velocys’ Sustainable Aviation Fuel project portfolio. Paul Marsden, President, Bechtel Energy, said: “We are committed to supporting revolutionary energy transition projects designed to reduce global carbon emissions. As part of Bechtel’s portfolio in sustainable fuels, we are excited to collaborate with Velocys and look forward to realizing the potential of these facilities to introduce sustainable fuel options for global markets.”

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