LNG FPSO Ordered

Friday, September 21, 2007
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 floating regasification terminals”, says Sveinung Støhle, President and CEO of Höegh LNG AS. ”With the LNG FPSO in place, Höegh LNG can offer a complete offshore LNG supply chain” The proposed project will consist of a ship shaped offshore classed structure with the capacity to treat and liquefy a well stream of approx 2.5 billion cubic meters pr. year, which will give an annual production of approx 1.6 million tons of LNG and approx 0.5 million tons of LPG.

The LNG FPSO will have storage capacity of 180 000 cubic meters of LNG and 30 000 cubic meters of LPG, and the first delivery is stipulated for mid 2011. The project (Pre-FEED) is managed and owned by Höegh LNG, with Aker Yards performing the work for the FPSO hull, containment and utility systems, and ABB Lummus Global doing the design work for the gas treatment and processing plant as well as the liquefaction and LPG plant. Agreements with contractors for the LNG offloading, and mooring arrangements as well as the classification society will be completed shortly. The design for the containment system is Aker Yards and Aker Kværner’s proprietary new Aker Double Barrier Tank LNG containment system., and the liquefaction technology is based on ABB Lummus Global’s proprietary “NicheLNGsm Turbo Expander” system. The Pre-FEED will take 4-6 months to complete. “We are already in discussion with several natural gas resource owners. With solid partners as Aker Yards and ABB Lummus Global in on the design of this project, we are convinced that we have a good position to introduce the first real LNG FPSO to the market,” “I also notice with satisfaction that the same potential customers very much appraise our “package of services” approach, where they can purchase the service from us to produce, transport, regasify and deliver their gas to the end user market in one seamless LNG chain”, says Støhle.

Maritime Reporter July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Tanker Trends

Refiners Seek Jones Act Workarounds as Crude Export Debate Heats Up

As the first U.S. oil condensate exports head to Asia from the Gulf Coast, crude producers and refiners are exploring ways to get around a century-old law that

Lukoil Shipped Canadian Crude from Houston

Russian oil major Lukoil has emerged as one of the first companies to buy Canadian crude re-exported from a U.S. port, shipping one cargo last month to its refinery in Augusta,

Scorpio Tankers on Major Fleet Expansion

Scorpio Tankers Inc. (NYSE: STNG) (the "Company") announced today that it has reached an agreement with an unrelated third party to purchase an MR product tanker

Navy

MV Cape Ray Signals DTRA 'Mission Complete'

The Defense Threat Reduction Agency announces the successful completion of the Cape Ray's mission to destroy Syria's chemical weapons components at sea. The Defense Threat Reduction Agency/U.

Aircraft Carrier Hull Ready for Delivery

A large section of HMS Prince of Wales has been loaded out of its dock hall in Portsmouth ready for delivery to Rosyth for final assembly of the second Queen Elizabeth Class aircraft carrier to begin.

Today in U.S. Naval History: August 19

Today in U.S. Naval History - August 19 1812 - USS Constitution captures HMS Guerriere. 1812- Devastating hurricane struck the Navy's New Orleans station,

 
 
Maritime Contracts Maritime Security Maritime Standards Navigation Port Authority Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1677 sec (6 req/sec)