Chevron Corporation announced entrance into an agreement with Sembcorp Marine Repairs & Upgrades Pte. Ltd, intending to reduce the carbon intensity of their LNG fleet operations. Under the agreement, with Sembcorp Marine’s support, Chevron will install new technologies aboard Chevron vessels to support their energy transition goals. The changes are also in alignment with decarbonization targets set by the International Maritime Organization (IMO).
Chevron aims to lower the carbon footprint of LNG transportation by installing new technologies such as a reliquefication system, hull air lubrication, and a new gas compressor. Together, these changes are expected to reduce cargo boil-off, lower fuel consumption and increase volumes of cargo delivered.
Sembcorp Marine has significant expertise in complex LNG fleet modifications and has a proven track record for lower carbon solutions for the maritime industry. Sembcorp Marine will provide Chevron with engineering, procurement, installation, and commissioning (EPIC) services and expects to complete the work by mid-2025.
Tags: Carbon, Chevron, LNG Fleet
Recent Posts
G7 countries task IRENA to monitor Group’s renewable energy progress
Kongsberg Maritime hybrid technology to optimise energy use and cut emissions
ICRA says oil import bill to rise to $101-104 billion in FY25
Green Park Energy raises $30 m to export hydrogen, ammonia
Europe awards green hydrogen funding for 7 projects
H2SITE receives approval from LR for ammonia cracking technology
Volvo Penta provides power solution for retrofit electric CTV
India grants approval for marine insurance cover to Russian tankers