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Home›Business & Finance›ExxonMobil hires US firm to work on its global LNG portfolio
Business & Finance

January 8, 2025 · about 1 year ago

ExxonMobil hires US firm to work on its global LNG portfolio

Chart Industries has expanded its relationship with ExxonMobil with a new deal that puts assignments for certain parts and aspects of the oil major’s entire LNG portfolio on its menu.

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Rovuma LNG project concept in Mozambique; Source: Eni

Chart Industries, a U.S.-headquartered clean energy and industrial gas solutions player, has expanded its relationship with ExxonMobil, a compatriot American energy giant, with a new deal that puts assignments for certain parts and aspects of the oil major’s entire liquefied natural gas (LNG) portfolio on its menu.

Thanks to this global master goods and services agreement, which sets the terms, conditions, and commercial framework scope with ExxonMobil, Chart Industries will provide LNG equipment, technology, and services for the U.S. energy giant’s global portfolio of projects.

The deal, which entails the supply of cold boxes and Chart’s proprietary integrated pre-cooled single mixed refrigerant (IPSMR) process technology, will allow the duo to deploy a design once and then build many concepts to optimize cost, schedule, and quality for LNG projects globally.

Jill Evanko , CEO and President of Chart Industries, commented: “We are proud to expand our relationship with ExxonMobil through this enabling agreement. Chart’s industry-leading LNG technology, including our cold boxes and IPSMR process, aligns with ExxonMobil’s commitment to efficient, scalable, and reliable LNG solutions. This agreement further strengthens our role as a trusted partner for ExxonMobil’s energy initiatives worldwide.”

According to the company, this collaboration builds on its previously announced participation in the oil major’s Mozambique LNG project, reflecting continued alignment to advance LNG production capabilities across multiple countries. Recently, a consortium won a front-end engineering design (FEED) contract for ExxonMobil’s proposed LNG project in the deepwater Area 4 block off the coast of Mozambique.

Based on Chart’s data, the firm’s cold boxes and IPSMR technology are designed to maximize efficiency, optimize performance, and support cost-effective LNG production, contributing to cleaner energy solutions worldwide.

This deal comes shortly after the U.S.-based firm got an order from Bechtel for the supply of its IPSMR liquefaction technology and cold boxes for Phase 1 of Woodside Energy ’s Louisiana LNG project.

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After Baker Hughes another US firm lands job on Louisiana LNG

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