ExxonMobil sets new target to reduce methane emissions and flaring along gas value chain
ExxonMobil Corp., the leading US oil major and one of the world’s largest LNG plant stakeholders in Qatar and in countries such as Australia and Papua New Guinea, said it had set a two-year target to reduce natural gas flaring by 25 percent and methane emissions by 15 percent to improve its overall business operations.
Papua New Guinea drilling at Muruk well confirms potentially significant gas field for LNG
Australian company Santos, a stakeholder in three Asia-Pacific liquefied natural gas production plants, reported a positive production well test result from the Muruk ST3 gas exploration in the Papua New Guinea Highlands to help underpin PNG LNG plant expansion.
ExxonMobil-MHI LNG pact
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.
