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Hyundai Heavy Develops FLNG Model

Hyundai FLNG Model

Hyundai Heavy Industries, the world’s biggest shipbuilder and offshore facilities contractor announced today that the Company completed developing its own Hyundai FLNG (Floating Liquefied Natural Gas Plant) model in association with Linde AG, an international industrial gases and engineering company of Germany.   The Hyundai FLNG has an annual production capacity of 2.5 million tons of LNG and can store about 193,800 m3 LNG with its compact size of 355 m in length, 70 m width and 35 m in height. The FLNG, existing only as a concept as for now, is a special floating vessel that can produce natural gas, liquefy it, and offload it directly to an LNG carrier. Hyundai Heavy conducted risk and safety evaluations of the FLNG and received the approval-in-principle from the Norway’s DNV.   The FLNG consists of hull and topside facilities. The topside includes not only liquefaction and pre-treatment units but also utilities such as fresh water supply unit, the air compression, heat source and power generation systems. The development of Hyundai FLNG makes Hyundai Heavy the only company in the world that can conduct engineering, procurement, installation and commissioning for both the topside and hull part. Since Hyundai FLNG takes 25% less time to build compared to the onshore liquefaction and storage plant


Contruction Starts on World's Biggest Offshore Floating Facility

Shell celebrates the first steel cut for the first steel cut for the game-changing Prelude floating liquefied natural gas project’s substructure. The sheet of steel weighs 7.6 tonnes, is 4.3 metres wide, 13.8 metres long and 16.5 millimetres thick. (Photo: Shell)

At 1601 ft. long  x 242.7 ft. wide, the Prelude FLNG facility will be the largest offshore floating facility ever built.  A new milestone was reached in the world’s use of LNG as fue, as Shell celebrated the cutting of first steel for the Prelude floating liquefied natural gas (FLNG) facility’s substructure with joint venture participants, Inpex and KOGAS, and lead contractor, the Technip Samsung Consortium


Shell Moves Forward with Floating LNG

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Shell announces final investment decision on Prelude Floating LNG project in Australia. The Board of Royal Dutch Shell plc (Shell) has taken the final investment decision on the Prelude Floating Liquefied Natural Gas (FLNG) Project in Australia (100% Shell), building the world’s first FLNG facility. Moored far out to sea, some 200 kilometres from the nearest land in Australia, the FLNG facility will produce gas from offshore fields, and liquefy it onboard by cooling.


Shell Prelude FLNG Project – Loading Gear Contract

FMC Technologies awarded offshore loading arm systems contract FMC Technologies, Inc. has announced that it has signed an agreement with Technip France, on behalf of the Technip Samsung Consortium (TSC), to supply offshore loading arm systems as part of the 'Shell Prelude' Floating Liquefied Natural Gas (FLNG) Project. FMC's scope of supply includes seven offshore footless marine loading arms, four for liquefied natural gas and three for liquefied petroleum gas


DW: Prelude to a $60B FLNG Growth Story?

Photo: Shell

Following first steel cutting in late 2012, Shell’s Prelude Floating Liquefied Natural Gas (FLNG) unit continues to take shape in Samsung’s Geoje shipyard in Korea, Douglas Westwood (DW) said in its Monday report. At 488 meters long by 74 meters wide and with an LNG processing output of 3.6 million metric tons per annum (mtpa), its specifications are impressive; but what DW said is perhaps more interesting is that the Prelude unit has the potential to be a gamechanger


Shell Prelude FLNG Module Shipped for Australia

Shell Prelude turret for transit: Photo courtesy of Shell

The largest piece of the turret for Shell’s Prelude Floating Liquefied Natural Gas (FLNG) facility has set sail from Dubai for the Samsung Heavy Industries shipyard in Geoje, South Korea, where the facility is under construction, informs Shell. The turret is part of a mooring system designed to ensure Prelude FLNG can operate safely in the most extreme weather conditions. At almost 100 metres high, it is the largest in the world.


Contango Announces $383 M in LNG Financing and Update Operations

Contango Oil & Gas Company announced that Freeport LNG Development, L.P. (FLNG), in which Contango holds a 10 percent partnership interest, has closed a $383 million private placement note issuance. The funds from the notes will be used to fund the construction of Phase I of FLNG's liquefied natural gas regasification terminal located near Freeport, Texas. Phase I will have a send-out capacity of 1.75 billion cubic feet per day


ABS and DSME Offer New Sloshing Analysis Methodology for FLNG

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(Houston, TX---)   Class society ABS and Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) are concluding a one-year joint development program (JDP) examining critical wave conditions for sloshing model tests and computational fluid dynamics (CFD) in the cargo tanks of floating liquefied natural gas (FLNG) vessels. The results will offer  the industry a new methodology to determine critical sloshing conditions more efficiently than in the past and the


Drydocks World to Build World’s Largest Turret

Dubai - Drydocks World, international player in ship repair and rig upgrade, conversion and new building, announced today that it will build the world’s largest turret, weighing 11,500 tons, for SBM Offshore, a pioneer in the offshore oil and gas industry, at its world-leading Dubai based shipyard. The turret will be integrated in the world's first floating liquefied natural gas (FLNG) facility, to be deployed by Shell Development (Australia) Pty Ltd


Technip-Daiwoo Get Malaysia FLNG Contract

Technip-Daewoo Consortium has won a key contract for a Floating LNG unit in Malaysia Technip, in a consortium with Daewoo Shipbuilding & Marine Engineering (TDC) has been awarded by Petronas Floating LNG 1 (Labuan) Ltd, a services contract for engineering, procurement, construction, installation and commissioning for a floating liquefied natural gas (FLNG) facility of 1.2 million ton per year maximun capacity. The 300 meter-long and 60 meter-wide FLNG facility will be located offshore


Drydocks World to Participate in SMM 2014

Khamis Juma Buamim Chairman Drydocks World and Maritime World

  Drydocks World, the leading provider of maritime and offshore services to the shipping, oil, gas, and energy sectors, will participate in the prestigious 26th edition of Shipbuilding, Machinery, and Marine Technology (SMM) Exhibition, from September 9-12, 2014


Floating Production Roundup: August 2014

Samsung is building two FLNGs, including the massive Prelude FLNG for Shell.

What’s New in August 2014 There are 320 oil/gas floating production units are now in service, on order or available for reuse on another field.  FPSOs account for 64% of the existing systems, 79% of systems on order.  Production semis, barges, spars and TLPs comprise the balance


ABS to Class the First Very Large Ethane Carrier

ABS, a provider of classification services to the maritime and offshore industries, has been chosen to class the world's first contracted series of very large ethane carriers (VLECs). The class contract for the ships, which will be built in Korea by Samsung Heavy Industries (SHI) for an Asian


Ophir Makes Equatorial Guinea Gas Find

Vantage Titanium Explorer drillship

Ophir Energy plc announced that the Silenus East-1 well in Block R, Equatorial Guinea has resulted in a new gas discovery. The Silenus East-1 well was drilled by the Vantage Titanium Explorer drillship within the thrust belt area of Block R


IHI Wins Order From Chinese Wison Group

IHI Floating Vessel Similar to FSRU

  IHI Corporation (IHI) received an order for two “IHI-SPB” LNG tanks to be installed in the Floating LNG Storage & Regasification Unit (FSRU) from Wison Group of Shanghai, China (Wison) who is known as the largest private EPC contractor in China


Bureau Veritas Offshore Rolling Research Rewarded

Photo courtesy of Bureau Veritas

A team in the R&D department of  international classification society Bureau Veritas, working with Brazil’s Petrobras, has been awarded the prestigious OMAE 2013 Best Paper of Offshore Technology Symposium for its paper detailing ground breaking research into second-order rolling of


Keppel FLNG MOSS Vessel Conversion Contract Activated

An FPSO: File photo

Keppel Shipyard says that the contract it entered into earlier with Golar Hilli Corporation to perform the world's first-of-its-type conversion of an existing Moss LNG carrier, the Hilli, into a Floating Liquefaction Vessel (FLNGV), has become effective


China Studies Floating Gas Plants for South China Sea

Photo: CNOOC

Chinese energy giant CNOOC Group is studying the possibility of building a multibillion-dollar floating liquefied natural gas (FLNG) vessel, as-yet untried technology that would likely be used to produce gas from the deep waters of the South China Sea.


Editorial: Gas ... It's Both the Question & the Answer

Greg  Trauthwein, Editor & Associate Publisher

When the time comes to pull an edition together, sometimes the content simply takes on a life of its own, as is the case with the July 2014 edition and the proliferation of ‘gas’ throughout. While the advent of gas and all that this little word encompasses is hardly breaking news


FLNG Prelude: A New Dawn in the Age of Maritime & Energy

(Photo: Courtesy Royal Dutch Shell)

Longer than four football fields, as big as six Nimitz-class aircraft carriers and almost as tall as the Taipei 101 skyscraper, Royal Dutch Shell PLC is hoping that its record-setting, game-changing floating liquid natural gas (FLNG) facility will serve as a prelude to a killing in the offshore


Prelude By the Numbers

Prelude will consume more than 260,000 tons of steel, more than 5 times the steel used on the iconic Sydney Harbour Bridge and 3 times the steel used on the Golden Gate Bridge.

Out at sea, look! It’s a ship! It’s a floating rig! It’s SuperFLNG! While not “faster than a speeding bullet,” Shell’s shipzilla Prelude is certainly more powerful than a speeding locomotive, and will be able to leapfrog in size


ABS to Class the World's First CNG Ship

ABS Chairman and CEO Christopher J. Wiernicki

ABS announced it has been chosen to class the world's first compressed natural gas (CNG) carrier ordered by Pelayaran Bahtera Adhiguna, a subsidiary of Indonesia's state-owned power company Perusahaan Listrik Negara (PT PLN). The award for the precedent-setting ship


Floating Production: $1.2b Speculative FLNG Ordered

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The floating production business continues to be very strong, particularly in the LNG gas processing sector.  Last month saw a speculatively ordered floating liquefaction plant – a $1.2 billion contract – as well as several regasification vessel contracts


DW to Present at Upcoming Floating LNG 2014, Houston

FPSO Sevan Voyageur: File photo

Douglas-Westwood (DW) says that its manager in Houston, Andrew B. Meyers will be joining the speakers on the platform at the upcoming 27th-30th October 2014 'Floating LNG Conference' at the Hilton Hotel Greenway Plaza in Houston. DW explain that annually the conference attracts over 140


Höegh LNG - Interim results for quarter ended 30 June 2014

  Höegh LNG reported USD 32.3 million in total income in the second quarter 2014, down from USD 42.7 million in the second quarter 2013. The decrease is mainly due to USD 16.2 million lower construction contract revenues. "We reached an important milestone when the complex FSRU






 
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