RINA Classes First Offshore LNG FSRU

Monday, February 22, 2010

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.

The OLT FSRU is currently under conversion in Dubai Drydocks and will be towed to Livorno at the end of 2010, with the aim of coming on stream in 2011. An external turret is being fitted, along with over 2,400 tones of regasification equipment. The main contractor is Saipem, working for the terminal owners - a joint venture between E ON Ruhrgas, Iride, Golar LNG and OLT Energy. RINA will class the vessel and provide statutory certification on behalf of the government. Through its dedicated oil and gas team it is also providing authority and owner engineering, ship handling simulation and assistance with local and international regulatory compliance.

Following the OLT FSRU, RINA is engaged in providing a range of services to assist the Triton FSRU project. That will be a 5 bcm newbuilding FSRU, to be developed by GdF-Suez and Hoegh.

RINA was also closely involved in the development of the eight bcm Adriatic LNG terminal, providing a wide range of analytical and supervision services, plus assistance with regulatory compliance. This gravity-based concrete terminal was built in Spain, towed to its site in the Adriatic and settled on the seabed in 27 m of water, where it came on stream in the second half of 2009. The world’s first offshore LNG terminal, it is jointly owned by Exxon Mobil, Qatar Petroleum and Edison.

RINA has also recently completed a feasibility study for a regasification terminal to be built off the Atlantic coast of Morocco. A decision on investment in the terminal will be made later this year.
 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter April 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Chevron Suffers Loss, Plans Job Cuts

Chevron Corp. reported a first-quarter loss as slumping oil prices continued to drag down revenue. The company said that it is "on target" to lay off a total of 8000 workers by the end of 2016,

China COSCO to be First through the Expanded Panama Canal

China COSCO Shipping has won the draw for its container vessel Andronikos to make the ceremonial first transit through the Expanded Panama Canal during the waterway’s inauguration on Sunday, June 26.

Sellick Equipment to Open New Facility

On April, 20, 2016, at the young age of 97 years, Walter Sellick along with sons Howard Sellick - President, David Sellick - Vice President and grandson Colin Sellick - Systems Manager,

Offshore

Shipping Industry Flying On The Dragon’s Back

As the many Greek players in the shipping industry know well, the legend of Icarus tells us the dangers of flying too high. Merchant vessel earnings eventually

Subsea 7 Profits Dip in Q1

Subsea 7 S.A. announced its financial results for the first quarter ending March 31, 2016, reporting revenues of $746 million, down 37 percent from the prior year period.

Sembcorp Profit Halved as Clients Defer Projects

Revenue falls 30 pct; order book at S$9.7 billion. Singapore rig-builder Sembcorp Marine's quarterly profit halved as customers deferred projects, and it faces

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Navigation Pipelines Pod Propulsion Ship Repair Sonar Winch
rss | archive | history | articles | privacy | 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: 0.0977 sec (10 req/sec)