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This enabling agreement sets the terms, conditions, and commercial framework for Chart to provide LNG equipment, technology, and services for ExxonMobil’s global portfolio of projects.
Specifically, the agreement includes the supply of cold boxes, as well as Chart’s proprietary IPSMR process technology, Chart said on Wednesday.
Under the deal, the two firms will deploy a design once, and then build many concepts to optimize cost, schedule, and quality for LNG projects globally, according to Chart
Chart said this collaboration builds on its previously announced participation in ExxonMobil’s Rovuma LNG project in MOzmbique and reflects continued alignment to advance LNG production capabilities across multiple countries.
Last year, ExxonMobil selected Chart Industries to supply its liquefaction technology and equipment for the Rovuma LNG project.
ExxonMobil picked Chart on behalf of Mozambique Rovuma Venture (MRV), which includes Italy’s Eni and China’s CNPC.
The LNG project will liquefy natural gas from reservoirs of the Area 4 block of the offshore Rovuma Basin.
It includes the construction of 12 modules of 1.5 mtpa each, with a total LNG capacity of 18 million tonnes annually, as well as associated onshore facilities.
Chart said the selection of its IPSMR technology for the 12 liquefaction modules is expected to “help enable increased project competitiveness, improved reliability, and lower GHG emissions.”
ExxonMobil boosting LNG business
ExxonMobil recently said it expects its annual LNG sales to surpass 40 million metric tons per annum of LNG by 2030, as it continues to expand its global LNG portfolio.
The company has four large LNG projects under development.
The addition of these projects further expands the company’s global LNG footprint and market access.
ExxonMobil expects to achieve first LNG sales from the Golden Pass development in the US and from the Qatar North Field East expansion project near the end of 2025.
The company is also targeting final investment decisions at Papua New Guinea’s Papua LNG project in 2025 and at the Rovuma development in 2026.
