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Mitsubishi Heavy Industries, Mitsubishi Heavy Industries Compressor Corporation and Mitsubishi Hitachi Power Systems to Collaborate with ExxonMobil in Advanced Gas Turbine Technology

Mitsubishi Heavy Industries, Ltd. (MHI) (TOKYO:7011), Mitsubishi Heavy Industries Compressor Corporation (MCO) and Mitsubishi Hitachi Power Systems, Ltd. (MHPS) have announced their collaboration with Exxon Mobil Corporation (ExxonMobil) to develop and explore new applications for their latest H-100 gas turbines as well as state-of-the-art compressor technologies to reduce liquefied natural gas (LNG) unit costs. The overriding aims of the collaboration are to reduce the complexity of LNG processing plants, lower their lifecycle costs, and cut plant emissions through enhancements to MHPS’s existing two-shaft gas turbine technology.

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The H-100 is a high-efficiency, heavy-duty, high-reliability, and low-maintenance gas turbine providing output in the medium range. Benefits of two-shaft gas turbines for LNG mechanical drive are reduced footprint, broad variable-speed operation, and full-pressure start-up.

“ExxonMobil is widely recognized as an industry leader in terms of both project execution and efficiency,” commented MHI President & CEO Shunichi Miyanaga. “Collaboration with ExxonMobil will offer us the benefit of the company’s technical expertise, insights, and experience in LNG projects as we develop the next generation of gas turbines – systems that will be even more efficient and cost-effective and will reduce emissions in LNG applications. We are very pleased that ExxonMobil has qualified MHPS’ H-100 gas turbine technology for use in LNG facilities, and we look forward to continuing this work to further develop technology to reduce LNG costs, maximize plant operating rates, and provide stable operation over the long term.”

The MCO-MHPS LNG main refrigeration package is a good example of how MHI’s oil & gas business is currently focused on unifying the Company’s product lineup to meet market needs.

About Mitsubishi Heavy Industries
Mitsubishi Heavy Industries, Ltd. (MHI), headquartered in Tokyo, Japan, is one of the world’s leading heavy machinery manufacturers, with consolidated sales of 3,992.1 billion yen in fiscal 2014, the year ended March 31, 2015. MHI’s diverse lineup of products and services encompasses shipbuilding, power plants, chemical plants, environmental equipment, steel structures, industrial and general machinery, aircraft, space systems and air-conditioning systems.
http://www.mhi-global.com/index.html

About Mitsubishi Heavy Industries Compressor Corporation
Mitsubishi Heavy Industries Compressor Corporation (MCO) is a wholly-owned subsidiary of Mitsubishi Heavy Industries, Ltd. MCO is one of the worldʼs largest manufacturers of process compressors and mechanical drive steam turbines. MCO provides the design, manufacture, sales, and after-sales services of compression systems composed of compressor, drive machinery and peripheral equipment. For more information, please visit the MCO website http://www.mhicompressor.com/en/

About Mitsubishi Hitachi Power Systems
Mitsubishi Hitachi Power Systems, Ltd. (MHPS), headquartered in Yokohama, Japan, is a joint venture formed in February 2014 by Mitsubishi Heavy Industries, Ltd. and Hitachi, Ltd. integrating their operations in thermal power generation systems and other related businesses. MHPS today ranks among the world's leading suppliers of equipment and services to the power generation market, backed by 100 billion yen in capital and approximately 20,000 employees worldwide. The company’s products include GTCC (gas turbine combined-cycle) and IGCC (integrated coal gasification combined-cycle) power plants, conventional gas/coal/oil-fired (thermal) power plants, boilers, generators, gas and steam turbines, geothermal power plants, power plant peripheral equipment and solid-oxide fuel cells (SOFC). For more information, please visit the company's website at
https://www.mhps.com/en/index.html

Contact:

PRESS CONTACT:
Mitsubishi Heavy Industries, Ltd.
Daniel Lochmann, +81-(0)3-6716-2168
PR Director
mhi-pr@mhi.co.jp
Fax: +81-(0)3-6716-5860

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