Global engineering group Trelleborg has signed and finalized an agreement which will see its Trelleborg Industrial Solutions business area acquire cryogenic hose system technology from SBM Offshore, a company in floating production and mooring systems. According to Trellborg, thistransaction will enable the company to accelerate and strengthen its offering in the supply of equipment for the floating liquefied natural gas (FLNG) market. Mikael Fryklund, President of the Trelleborg Industrial Solutions business area, commented, “An increasingly popular choice in the offshore oil and gas sector, FLNG vessels are a cost effective and flexible solution for commercializing new gas discoveries in remote deep-water locations.
