A core component of McDermott’s business is the development and implementation of leading technologies. With a heritage of technology development spanning more than 100 years, encompassing approximately 3,000+ patents, patent applications and trademarks, McDermott provides one of the industry’s most robust technology portfolios to the hydrocarbon processing sector. McDermott's Lummus Technology is a leading licensor of proprietary petrochemicals, refining, gasification and gas processing technologies, and a supplier of proprietary catalysts and related engineering. These technologies are critical in the gasification of coal into syngas, the refining of crude oil into gasoline, diesel, jet fuel and lubricants, and the processing of natural gas into various chemicals and polymers. We license more than 100 different technologies with particular strength in the areas of olefins (ethylene/propylene/butylene), derivatives production and refining hydroprocessing. We are renowned for our scope of technology assets and ability to provide single-source solutions for our customers around the world.

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