Sembcorp Marine Ltd. will support Chevron Corp.’s efforts to reduce the carbon footprint of its LNG fleet operations under an agreement through their subsidiaries Sembcorp Marine Repairs & Upgrades Pte. Ltd. and Chevron Shipping Company LLC, according to a Feb. 26 press release.
Chevron’s decarbonization techniques involve reducing cargo boil-off and fuel consumption while increasing volumes of cargo delivered by installing a reliquefication system, hull air lubrication and a gas compressor.
Sembcorp Marine will provide Chevron’s LNG fleet with engineering, procurement, installation and commissioning services, to be finished by mid-2025.
“Working with Chevron on its LNG fleet upgrades is an immediate way to accelerate the lowering of the carbon footprint in the maritime industry to achieve the [International Maritime Organization’s] target to reduce emissions from international shipping by at least half by 2050, compared to the levels in 2008,” said Wong Weng Sun, Sembcorp Marine president and CEO.
Sembcorp Marine provides engineering solutions to global offshore, marine and energy industries.
Recommended Reading
With Montney Production Set to Grow, US E&Ps Seize Opportunities
2024-10-02 - Canada’s Montney Shale play has already attracted U.S. companies Ovintiv, Murphy and ConocoPhillips while others, including private equity firms, continue to weigh their options.
APA, TotalEnergies Aim for 'New Dawn' in Suriname with Massive GranMorgu Project
2024-10-01 - APA Corp. and TotalEnergies announced a $10.5 billion final investment decision for the GranMorgu project located offshore Suriname in Block 58. First production to come from a 220,000 bbl/d FPSO is slated to flow in 2028.
Navigating the Crossroads: Oil, Gas Industry Reimagines its Role in Tech Age
2024-10-28 - The oil and gas industry has both a need and an opportunity to embrace the digital transformation while engaging the next generation of its workforce.
Chevron Pushing Longer Laterals in Argentina’s Vaca Muerta Shale
2024-09-13 - Chevron Corp., already drilling nearly 2.8-mile laterals at its Loma Campana Field in Argentina, wants to drill even longer horizontals, an executive told Hart Energy.
Northern’s O’Grady: Most of ‘Best’ Acres ‘Already Been Bought’
2024-10-24 - Adding new-well inventory going forward will require “exploration or other creative measures,” said Nick O’Grady, whose Northern Oil and Gas holds interests in 10,000 Lower 48 wells.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.