Lloyd’s Releases Guide for FLNG Facilities

MarineLink.com
Thursday, June 06, 2013

Lloyd’s Register published a rule set to guide the design, construction and operation of floating liquefied natural gas (FLNG) facilities – the biggest, most complex floating structures ever seen – meaning natural gas will now be safer, cheaper and have a lower environmental footprint, the company said.


Launched today, Lloyd’s Register’s Offshore Rules for FLNG vessels and facilities are based on a real-world projects and extensive work with key industry alliances.


The Offshore Rules for FLNG reinforce Lloyd’s Register’s position at the forefront of new maritime and energy technology, building upon the work the company has performed with numerous LNG firsts, such as classing the first LNG fuelled tanker, Argonon.


“Natural gas is a key part of the energy mix’ and its safe and economic production is becoming increasingly more important,” said Mark Tipping, Principal Engineer for FLNG Development in Lloyd’s Register. “FLNG facilities are being designed to extract gas reserves which have been discovered in some of the world’s deepest waters, answering society’s demand for the provision of more ‘carbon-lite’ energy sources. The FLNG facilities we have worked on to form these Rules will be the biggest floating structures ever seen and in the future, they will allow operators to unlock the world’s stranded offshore natural gas reserves in areas like North Western Australia’s Browse Basin.”


With natural gas prices set to vary greatly between countries in the near future, FLNG is needed to supplement pipelines in the transportation of this low-carbon fuel. Equally, the energy industry requires more effective storage solutions as demand fluctuates. Flexibility is also a rising concern. Industry experts point to FLNG as a solution that can offer easy transportation, storage and flexible supply of natural gas in an increasingly uncertain energy landscape.


Lloyd’s Register’s unprecedented 50-year offshore experience, including its technical knowledge of LNG containment and liquefaction technology, FPSO development and process engineering systems, has made it possible for this certification and classification society to publish the first set of Rules to comprehensively look at all areas of FLNG facilities.


“We continually update our Offshore Rules in collaboration with our panel of industry partners to ensure that they are relevant to the technological advancement being made on the FLNG arena. The FLNG Rules are being developed in three stages which will allow us to consult with industry experts both internally and externally. We are delighted to release the first phase of the Offshore Rules which were developed in conjunction with our Offshore Technical Committee in April.”


According to the International Energy Authority, the world’s primary energy demand will increase by 37% between to 2035 with the natural gas share overtaking coal before 2035 and starting to reach parity with oil soon after 2040. Gas reserves currently remain abundant yet they are technologically complex to both extract and transport. Liquefied natural gas takes up about 1/600th the volume of natural gas yet until now, formal FLNG design codes have remained underdeveloped and this has presented challenges to develop production engineering systems.

 

Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Energy

Wärtsilä Wins 2 Regasification Contracts

South Korean shipyard Hyundai Heavy Industries (HHI) has placed two important contracts with Wärtsilä for seawater/propane based regasification modules. The systems

Hitachi Gas Supply System Order for MHI

Mitsubishi Heavy Industries, Ltd. (MHI) has received an order from Hitachi Zosen Corporation for a high-pressure gas supply system enabling use of natural gas as fuel in marine engines.

Eni Finds Giant Egyptian Offshore Gas Field

The Italian energy major Eni SpA discovered a “super giant” natural gas field offshore Egypt in what the Italian oil company said is the largest find in the Mediterranean Sea.

LNG

Wärtsilä Wins 2 Regasification Contracts

South Korean shipyard Hyundai Heavy Industries (HHI) has placed two important contracts with Wärtsilä for seawater/propane based regasification modules. The systems

Hitachi Gas Supply System Order for MHI

Mitsubishi Heavy Industries, Ltd. (MHI) has received an order from Hitachi Zosen Corporation for a high-pressure gas supply system enabling use of natural gas as fuel in marine engines.

Gazprom, OMV Meet on Establishing Nord Stream JV

At a Meeting held at the Gazprom headquarters between Alexey Miller, Chairman of the Company's Management Committee and Rainer Seele, Chairman of the Executive Board of OMV,

Vessels

BIMCO Outlines LIS Week Schedule

BIMCO’s breakfast brief, titled “The Future Of Maritime Security” is aimed at CEOs and Directors who will have an opportunity to hear more on the latest threats

CMA CGM 2Q Post Higher Profit

In the second quarter, CMA CGM demonstrated the strength of its business model by significantly outperforming the market, despite a sharp fall in freight rates

Wärtsilä Wins 2 Regasification Contracts

South Korean shipyard Hyundai Heavy Industries (HHI) has placed two important contracts with Wärtsilä for seawater/propane based regasification modules. The systems

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Navigation Pod Propulsion Ship Repair Ship Simulators 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: 0.2047 sec (5 req/sec)