April 11 (LNGJ) - Japanese engineering company Mitsubishi Heavy Industries said it planned to cooperate with US major ExxonMobil Corp. to develop and explore new applications for gas turbines and compressor technologies aimed at reducing liquefied natural gas unit costs. MHI and ExxonMobil aim to “reduce the complexity” of LNG processing plants, lower lifecycle costs and cut plant emissions. “ExxonMobil is widely recognized as an industry leader in terms of project execution and efficiency,” said MHI President Shunichi Miyanaga. “Collaboration with ExxonMobil will offer us the benefit of the company's technical expertise, insights and experience in LNG projects,” Miyanaga added.
ExxonMobil-MHI LNG pact
Written by John McKay
Monday, 11 April 2016
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