This work intent to provide numerical tools, allowing simulations of two-phase flow incorporating compressible effects and a proper treatment of the jump conditions found at the interface due to large density ratios and phase change. For achieving this task, first, the incompressible level-set method for vaporizing two-phase flows proposed by Tanguy et al. [12] is revisited and adapted to a conservative interface representation: The Coupled Level-set/Volume of Fluid method. In this context, results are presented for simulations of the evaporation of an isolated static droplet. Then, the formalism is extended into a compressible one using as framework the pressure-based method proposed by Duret et al. [4]. For validation, a 3D simulation of a static evaporating droplet is studied for showing the proper mass balance between the two phases. Finally, a 3D two-phase compressible Homogenous Isotropic Turbulence (HIT) configuration is presented to demonstrate the potential of this method in presence of breakup, coalescence and evaporation processes.