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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


SAACKE Water Boiler Ordered for FLNG

SAACKE Marine Systems received an initial order from Japan-based JGC Corporation in June 2014 to deliver a complete high temperature water boiler system – consisting of a fired hot water boiler with a dual fuel burner and two heat recovery units – for PETRONAS’ second floating


Braemar Sub-Licenses FSP Containment System

Braemar LNG BV, the wholly owned subsidiary of Braemar Shipping Services PLC, has issued a sub-license to FSP LNG BV for the design and construction of a new Flat-panel, Semi-membrane, Prismatic-shaped (FSP) containment system, under the terms of the license it holds with General Dynamics NASSCO


Golar LNG sells Golar Viking

Image: Golar LNG Ltd

 Golar LNG Ltd has completed the sale and delivery of the LNG carrier Golar Viking to PT Perusahaan Pelayaran Equinox (Equinox) for US$135 million.   The 140,205-cbm Golar Viking (built 2005) has been renamed Salju under Indonesian flag and registry.  


JV Wins $2bln Freeport LNG Contract in US

Photo: Freeport LNG Development, L.P. (Freeport LNG)

 A joint venture (JV) between CB&I, Chiyoda International and Zachry Industrial has won a contract worth over $2bn from FLNG Liquefaction 3 for a liquefied natural gas (LNG) train at Freeport LNG in Texas, US.   Upon completion


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


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


Steel Cut on First of Three ISVs for KT Maritime

Image courtesy of KT Maritime Australia

A steel cutting ceremony held last week at the Singapore shipyard of partner company, ASL Shipyard Pte Ltd. marked the start of construction for the first of three infield support vessels (ISVs) being constructed by Perth-based KT Maritime Services Australia Pty Ltd to support Shell’s


Bestobell to Extend Valve Choice to Customers

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Bestobell Marine, part of the President Engineering Group Ltd, has innovated within its range, which means it can now offer both butt weld and flanged connections for all its Globe and Check valves.   These valves range from small (DN15) to large (DN350)


KBR, Daewoo win Eni FLNG FEED

KBR-Daewoo-Consortium Wins FLNG FEED Deal

  KBR Inc. announced today that the KD Consortium, consisting of KBR and Daewoo Shipbuilding & Marine Engineering Company, Ltd, has been awarded a front end engineering design (FEED) contract by Eni East Africa SpA for a floating liquefied natural gas (FLNG) facility for the Coral South


Bestobell Extends Valve Range

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Bestobell Marine, part of the President Engineering Group Ltd. now offers both butt weld and flanged connections for all its Globe and Check valves. These valves range from small (DN15) to large (DN350).  Valves with flanged connections are particularly in demand with the Japanese and Korean


EXMAR Orders Second FLNG from Wison

EXMAR NV has placed an order for a second Floating LNG Liquefaction Unit (FLNG) at Wison Offshore & Marine. Under the agreement, Wison will be responsible for the turnkey engineering, procurement, construction, transportation, installation and commissioning (EPCIC) of the FLNG


Golar Orders Second FLNGV Conversion

Keppel Shipyard and Black & Veatch team up with Golar LNG for the second time to convert floating liquefaction vessel   Black & Veatch has again been called upon to combine its PRICO LNG technology and global engineering, procurement and construction (EPC) capabilities with the






 
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