Wison to build second FLNG barge for EXMAR

Offshore staff

ANTWERP, BelgiumEXMAR has ordered a second floating LNG (FLNG) liquefaction vessel from Wison Offshore & Marine.

Wison will be responsible for turnkey engineering, procurement, construction, transportation, installation, and commissioning of the self-contained barge which will have a liquefaction capacity of 0.6 million tons/yr and 20,000 cu m (706,293 cu ft) of LNG storage.

As with its predecessor Caribbean FLNG, it will be built at Wison’s shipyard in Nantong, China. Additionally, EXMAR has secured firm options for two more FLNG vessels.

The new vessel is expected to be completed in 2017. EXMAR says the concept allows faster monetization of existing gas reserves.

CEO Nicolas Saverys said: “It is clear that lower oil and gas prices will continue to boost demand for cost-efficient and fasttrack FLNG solutions over land-based liquefaction terminals. We continue to see strong growth in the FLNG market.

“Thanks to our first-mover advantage we are actively working on seven FLNG projects around the world.”

Caribbean FLNG is due to start operating offshore Colombia in the second half of 2015.

12/23/2014

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...