Genoa-based classification society RINA has taken a lead in the developing market for floating LNG terminals. It has been chosen to class the first offshore Floating Storage and Regasification Unit (FSRU), and is providing studies and support for a number of further offshore LNG projects, including the newbuilding which is likely to be the world’s second offshore LNG FSRU. Addressing the Mare Forum Houston conference, Massimo Volta, RINA’s General Manager America, said, “Italy leads the world in implementing offshore LNG terminals. We have recently brought the Adriatic LNG terminal on stream, and we have five more live projects for floating and gravity-based offshore LNG terminals around our coasts. RINA is involved with all these in a number of ways, and our expertise is now being sought by other countries developing offshore LNG projects. We are very proud to have been chosen as the first classification society in the world to class a true offshore floating LNG FSRU, for the OLT Offshore LNG Toscana project.” The OLT development will see the 138,000 cu m Moss-type Golar Frost converted into a 3.75 billion cubic metres (bcm) per year FSRU, moored in 120 m of water off Italy’s west coast port of Livorno. It will act as a receiving terminal for importing LNG, regasifying the LNG and pumping it into Italy’s gas grid.
ABS surveyors, onsite at Junoverken AB yard in Uddevalla, Sweden, monitor and inspect the fabrication of industry’s first offshore LNG deepwater port buoy, designed by Advanced Production and Loading AS of Norway (APL). The port buoy will be ABS-classed as an XA1 Single-Point Mooring (SPM). APL has contracted ABS to provide classification services for its Submerged Turret Loading (STLTM) system, a single-point mooring system (SPM) and an integral component of the industry’s first
MarAd has decided to issue a deepwater port license to SUEZ Energy North America's subsidiary, Neptune LNG LLC to build, own, and operate the Neptune offshore LNG delivery system in Massachusetts Bay. Neptune is the first offshore LNG project on the United States' East Coast to reach this milestone. The Neptune terminal will be based on the LNG Shuttle and Regasification Vessel System (SRV) developed by Höegh LNG.
California Governor Arnold Schwarzenegger issued his formal disapproval to United States Maritime Administrator Sean T. Connaughton for the licensing of the BHP “Cabrillo Port” LNG deepwater port planned for construction off the coast of Ventura County, California. The Governor did however make it clear that he supports the state’s need for an increased LNG supply. Excerpts from the Governor’s letter follow: While I believe strongly that California needs to expand its access to natural
Höegh LNG go for LNG FPSO; teaming up with Aker Yards and ABB Lummus Global Höegh LNG announced that it has entered into agreements with major contractors and formally started the engineering and design for its first LNG FPSO Unit (Floating Production Storage and Offloading), with the objective to design and construct the worlds’ first LNG FPSO. “Our strategy is to develop Höegh LNG’s business model from pure LNG transportation into offering also solutions for LNG production and
Society releases new Guidelines for Floating Offshore Facilities for LNG/LPG Production, Storage and Offloading April 28 (Tokyo) - Nippon Kaiji Kyokai (ClassNK) is pleased to announce the publication of its new Guidelines for Floating Offshore Facilities for LNG/LPG Production, Storage and Offloading. The new guidelines address the wide variety of construction and survey requirements for FLNG and FLPG facilities including LNG/LPG Floating Production, Storage and Offloading facilities (FPSO)
With interests in Nigeria, Venezuela and Brazil, Statoil wishes to play a greater role around the Atlantic margins in supplying LNG to the burgeoning USA market, while Aker Kværner and Linde foresee a promising future as suppliers of technical solutions and engineering studies. Annual growth of 5-10 per cent is expected for new LNG plant construction. This new Alliance is a natural successor to the successful Statoil - Linde LNG Technology Alliance
Exxon Mobil Corporation announced plans to seek regulatory approval for BlueOcean Energy, a floating liquefied natural gas (LNG) receiving terminal that will create a gateway to global supplies of clean-burning natural gas to help meet the growing energy needs of New Jersey and New York. The project will have the capacity to supply about 1.2 billion cu. ft. of natural gas per day. Anchored approximately 20 miles off the coast of New Jersey – and reportedly not visible from the shore –
More than $30 billion will be invested initially in Mozambique's natural gas sector to build capacity to produce 20 million tonnes per year of liquefied natural gas (LNG), with the first exports due to start in 2018, the national oil company said. The investments will be made to develop the northern ports of Pemba and Palma, where a giant logistics base and LNG production plants are planned that will use gas produced from offshore fields in the Rovuma Basin being developed by U.S
Legislation promotes revitalization of maritime industry through export of liquefied natural gas on U.S. flagged ships Chairman Duncan Hunter (R-Calif.) and Ranking Member John Garamendi (D-Calif.) held a hearing Wednesday that brought together the House Committee on Transportation and Infrastructure’s Subcommittee on the Coast Guard and Maritime Transportation to address “The status of the Merchant Marine”. The hearing focused attention on H.R
Keppel Offshore & Marine Ltd (Keppel O&M)'s local and overseas subsidiaries continue to win strong support from repeat customers by securing four contracts worth a total of about S$125 million. In Singapore, Keppel O&M's wholly-owned subsidiary Keppel Shipyard Ltd (Keppel
BP's diversion of a tanker of liquefied natural gas (LNG) away from Egypt due to payment issues is the first sign that the country's currency crisis could be jeopardising its energy supplies, traders said. Earlier this month the tanker British Sapphire was diverted to Brazil rather than
First delivery of LNG bunker expected to commence in 2017 Keppel Offshore & Marine Ltd (Keppel O&M), through its wholly-owned subsidiary KS Investments Pte Ltd (KSI), and BG Group plc (BG Group) have been selected to supply Liquefied Natural Gas (LNG) bunker to vessels in the Port of
Offshore marine and engineering consultancy Aqualis Offshore, part of Oslo-listed Aqualis ASA, has been contracted by Gas Entec Co. Ltd to provide an engineering study of a new-build LNG barge that will operate offshore the U.S. The contract value is undisclosed.
Petronas has laid keel for its second floating liquefaction plant, Petronas Floating LNG2 (PFLNG2), in Geoje Island, South Korea. Petronas, together with JGC Group and Samsung Heavy Industries (SHI), the consortium leading the engineering, procurement, construction
Minister of Petroleum, Bijan Zangeneh said that Iran and Belgium are in talks for possible floating production of liquefied natural gas (LNG) FLNG Unit off the Kharg Island in the Persian Gulf. The issue was brought up during Zangeneh’s talks with Belgian Secretary of
The emergence of the floating liquefied natural gas (FLNG) concept has seen an unprecedented focus on development activity and has reinforced the commercial interest in these facilities. However, as the industry strives to make the concept a reality
The engineering group Monadelphous has won a $200 million Shell Australia contract on its Prelude floating LNG project off the Kimberley coast. The contract is for major, long-term maintenance and modifications services for the Prelude Floating Liquefied Natural Gas (FLNG)
P&O Maritime has announced the rebranding of its joint venture company Repasa, the Spanish operator of offshore support vessels for the energy industry. P&O Repasa will become the official brand of the joint venture which has expanded its fleet in the offshore towage
A consortium composed of Teekay LNG Partners L.P., Samsung C&T (Samsung) and Gulf Investment Corporation (GIC) executed today with the Government of the Kingdom of Bahrain the project agreements for the development of an LNG receiving and regasification terminal in Bahrain.
Shell last week confirmed its plans to build a specialized LNG bunker vessel to deliver to LNG-fuelled vessels in northwest Europe. The new vessel will be based at the port of Rotterdam in the Netherlands, and will load from the new LNG break bulk terminal and jetty to be constructed by the Gas
Rotterdam is introducing an additional incentive to bunker LNG, liquefied natural gas. The Port of Rotterdam Authority has reserved a total of EUR 1.5 million for this incentive. The scheme will apply until 2020. Up until this time
Creditors of financially troubled STX Offshore & Shipbuilding are opposing financial aid for the shipyard citing the gloomy outlook of the shipbuilding industry, Korea’s Yonhap News has reported. Creditors of STX Offshore, led by the state-run Korea Development Bank (KDB)
Asian liquefied natural gas (LNG) prices were steady this week amid limited trading activity. The price of Asian spot cargoes for February delivery was pegged at $6.90 per million British thermal units (mmBtu), in line with the previous week.
Keppel Offshore & Marine Ltd (Keppel O&M)'s local and overseas subsidiaries continue to win support from repeat customers by securing four contracts worth a total of about $88.5 million. In Singapore, Keppel O&M's wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard)