ExxonMobil, Eagle LNG and Crowley join forces on LNG fuel

Image courtesy of Crowley

ExxonMobil, Eagle LNG Partners and Crowley have signed an agreement to collaborate on the development of liquefied natural gas (LNG) as a marine fuel.

The goal is to establish the storage and technical support necessary to provide safe, reliable LNG delivery for vessel operators bunkering in North America, the trio said in a joint statement.

The parties will initially focus their efforts in Florida before expanding to other North American markets.

Under the memorandum of understanding signed on Tuesday, ExxonMobil will provide its technical support and expertise to help Eagle LNG and Crowley carry out safe bunkering operations and sell LNG bunker fuel to vessel operators.

Eagle LNG Partners will supply the LNG and will design, build and operate small-scale production and storage facilities as well as coordinate land-based LNG transportation. Crowley will provide bunker logistics and ensure safe and reliable operations.

“The memorandum of understanding is another major step forward in developing LNG as a marine fuel. It will leverage the specialist knowledge and expertise of ExxonMobil, Eagle LNG Partners and Crowley to the benefit of vessel operators bunkering in North America,” said Luca Volta, LNG Venture Manager at ExxonMobil. “This agreement provides additional opportunities for vessel operators looking to adopt LNG as a marine fuel.”

The decision by the International Maritime Organization (IMO) to introduce a global 0.50 percent sulfur cap on vessel emissions in 2020 will impact bunker fuel selection.

The parties believe that the marine industry is heading for a multi-fuel future that will include low-sulphur options, with LNG an important part of that mix, the statement reads.

 

Share this article

Follow LNG World News

Events>

<< May 2018 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Gastech Exhibition & Conference 2018

The leading exhibition and conference for the global gas, LNG and energy industries.

read more >

CWC LNG Fuels Summit – Marine| Road Transportation| Industrial

The CWC LNG Fuels Summit has now firmly established itself as the number one event on LNG Fuels…

read more >

4th Annual Upstream West Africa Summit 2018

In June 2018, Senegal will play host to the No.1 Annual B2B Upstream Oil & Gas event, which will bring together the senior decision makers from across the prolific West Africa region to discuss the trends and challenges currently facing the Oil and Gas industry.

Since the discovery by Tullow Oil in 2007 of the Jubilee Field in Ghana, the Upstream sector has refocused its efforts to explore similar plays around the entire West and North West African coast. These efforts were rewarded with Cairn Energy’s prolific discovery in 2014 followed by Kosmos’ in 2015. The West Africa region has the industry’s spotlight firmly focused on further unlocking the potential of this largely underexplored region.

Companies that will be looking toward further unlocking the deepwater hydrocarbon potential of West Africa include: PETROSEN, BP, Kosmos Energy, Cairn Energy, FAR, Total E&P, Premier Oil, Shell, Tullow Oil along with the Ministries and key solution providers.

 More info

read more >

The 27th World Gas Conference (WGC 2018)

The 27th World Gas Conference (WGC 2018) will be the largest, most timely and most significant global gas conference and exhibition ever held.

read more >