Greenfield LNG: Does Exxon have an edge?

For large-scale capital projects in a commodity industry, harnessing better technologies tends to unlock better returns.

Hence this 7-page note evaluates ExxonMobil’s technology for constructing greenfield LNG plants, particularly in remote geographies. Its technical leadership stands out from our analysis of 3,000 patents across the industry. This matters as Exxon progresses new LNG investments in Mozambique, PNG and the US.

ExxonMobil has leading LNG technology for extra-large trains using the APX process, modular LNG units that minimise on-site construction costs, pressure-swing absorption to remove gas-contaminants and efficient gas turbines.

Opportunities should arise for investors in Exxon’s LNG projects, and for its partners, resource-owners and other stakeholders, to ensure that value is maximised.

Copyright: Thunder Said Energy, 2022.