Nigeria to Build its First FLNG Unit
Nigerian company UTM Offshore has signed a front-end engineering design (FEED) contract for the development of an FLNG facility in Nigeria with JGC Corporation, Technip Energies, and KBR.This will be Nigeria's first floating liquefied natural gas (FLNG) facility. Africa currently has two FLNG units in operation, the Hili Episeyo in Cameroon, and, as of recently, the Coral Sul FLNG in Mozambique. In Nigeria, the FLNG unit will be used for development of offshore block OML 204.According to Chief Timipre SylvaâŚ
Using Storage Tanks from Older LNG Carriers Could Boost FLNG Production
Maritime and offshore classification society American Bureau of Shipping (ABS) has granted its approval in principle (AIP) for an innovative concept for a floating LNG (FLNG) vessel utilizing storage tanks from older LNG carriers. The design, jointly developed by Kawasaki Kisen Kaisha, Ltd. (âKâ LINE) and JGC Corporation (JGC), supported by Japanâs Ministry of Land, Infrastructure, Transport and Tourism, involves transferring and reusing LNG storage tanks from spherical tank (Moss tank) LNG carriers in the hulls of new FLNG facilities.By re-using existing LNG vesselsâ Type B storage tanksâŚ
African LNG to Attract $103Bln in 2019
With greenfield investments in Nigeria, Egypt, Mozambique and elsewhere reaching nearly $103 billion this year, it is clear that liquefaction is viewed as the most profitable strategy for realizing Africaâs gas potential, said Gas Exporting Countries Forum (GECF).Africa is an exciting frontier in the global natural gas sector. The continent holds 7.1 percent of proven global gas reserves and is expected to contribute nearly 10 percent of global production growth through to 2024.Nigeria accounts for over 50 percent of current LNG production capacity on the continent. With October 2019 seeing a final investment decision on the $12 billionâŚ
Exmar's Tango FLNG Arrives in Argentina
Belgian shipowner Exmar said its first floating LNG (FLNG) production unit Tango FLNG, to be renamed Tango FLNG, has berthed in Bahia Blanca, Argentina.The Nicolas Saverys-led shipowner said in a press release that the Caribbean FLNG will stay in Bahia Blanca and produce LNG for export for YPF over a ten-year period.After contract signing in November 2018, the unit was transported from China to Argentina onboard a heavy lift vessel.The next major project milestone will involve outfitting and commissioning the unit. Departure of the first fully-loaded conventional LNG carrier is expected in the second quarter of 2019.Tango FLNG is the first project using Exmarâs FLNG technology and will soon become the first FLNG to produce LNG in the Americas.
Exmar Bags FLNG Contract from YPF
Belgium's Exmar and YPF of Argentina announced the signing of a firm, ten-year agreement to deploy Exmarâs barge-based floating LNG liquefaction unit (FLNG) currently known as Caribbean FLNG to produce and export LNG from the Vaca Muerta source at the Neuquén Basin in Argentina.The project marks the entry of Argentina to the select club of global LNG exporting nations, with an initial plan to export 500,000 tons of LNG per year to overseas markets.Exmarâs FLNG barge will be named Tango FLNG and be deployed to the port of Bahia Blanca. This will mark the beginning of a close, joint commercial relationship that will transform the country'sâŚ
Ophir, OneLNG JV to develop Fortuna FLNG Project
Ophir Holdings & Ventures LTD ("Ophir"), a wholly owned subsidiary of Ophir Energy plc, and OneLNGSM, a joint venture between subsidiaries of Golar LNG Limited and Schlumberger, announce that they have signed a binding Shareholders' Agreement to establish a Joint Operating Company ("JOC") to develop the Fortuna project, in Block R, offshore Equatorial Guinea utilising Golar's FLNG technology. OneLNG and Ophir will have 66.2% and 33.8% ownership of the JOC respectively (with economic entitlements materially consistent with the equity interest in the JOC). The JOC will facilitate the financing, construction, development and operation of the integrated Fortuna project and, from Final Investment Decision ("FID"), will own Ophir's share of the Block R licence and the Gandria FLNG vessel.
Monadelphous Bags Shell FLNG Contract
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) project in Browse Basin, 475km northeast of Broome in Western Australia. Monadelphous will provide maintenance, brownfield modifications and turnaround services to the LNG process plant, support utilities, hull and non-process infrastructure including accommodation and control rooms. The contract also includes the delivery of fabrication services from Darwin in support of offshore operations. The contract is for an initial seven years with a further two, 2 year extension options.
Unmanned FLNG: âThe Future of LNG Technologyâ
DNV GL has developed a new unmanned floating LNG concept that it says overcomes many of the challenges currently faced by those looking to unlock the potential of remote offshore gas fields. Called Solitude, the concept demonstrates how technological advances â most of the technology already within reach - can be combined into a solution that offers some 20 percent reduction in annual OPEX, only adding a few percent increase in CAPEX and at the same time increase the overall safety. FLNG technology is developing rapidly as part of the industryâs quest for resources in more remote waters, DNV GL noted. A number of concepts have been discussedâŚ
DNV GL Wins KOGAS TQ Contract
DNV GL Korea, the technical advisor to the oil and gas industry, has been awarded a technology qualification (TQ) contract with Korea Gas Corporation (KOGAS) for a FEED Package for a 5MTPA onshore LNG liquefaction plant based on the innovative KSMR liquefaction process. KSMR is a new natural gas liquefaction process and is for LNG plants and floating LNG due to its compactness. A pilot KSMR LNG liquefaction plant of 100 tonnes per day is being constructed by KOGAS to verify the operability and the efficiency at the Incheon LNG receiving terminal in Korea. KOGAS has invited DNV GL to perform a TQ in line with DNV GLâs Recommended Practice DNV-RP-A203.
China Studies Floating Gas Plants for South China Sea
Chinese energy giant CNOOC Group is studying the possibility of building a multibillion-dollar floating liquefied natural gas (FLNG) vessel, as-yet untried technology that would likely be used to produce gas from the deep waters of the South China Sea. While the state-run company has made no public announcement, a pre-feasibility study was well under way, CNOOC and other industry officials said. CNOOC was already talking to global engineering firms about possible joint design of the vessel, two industry officials added.
Shell Floats Hull for Worldâs Largest Floating Facility
The 488-meter-long-hull of Shellâs Prelude floating liquefied natural gas (FLNG) facility has been floated out of the dry dock at the Samsung Heavy Industries (SHI) yard in Geoje, South Korea, where the facility is currently under construction. Prelude will unlock new energy resources offshore and produce approximately 3.6 million metric tons of liquefied natural gas (LNG) per annum (mtpa) to meet growing demand, 1.3 mtpa of condensate and 0.4 mtpa of LPG. and to remain on location for approximately 25 years.
New Offshore LNG Report Launches at Gastech 2012
Infield Systems unveil its 'Offshore LNG Market Report to 2018' at the Gastech Expo in London. The launch of this report at Gastech 2012 coincides with a particularly exciting time for this sector of the offshore oil and gas industry, following Shell's announcement that it has sanctioned the world's first floating LNG project, Prelude. It is widely expected that this will mark the beginning of a more widespread use of this potentially market changing technology. Infield Systems' latest Offshore LNG report analyses the value of the sector and the drivers for floating liquefaction and offshore regasification; as well as providing a regionalâŚ
Shell Moves Forward with Floating LNG
Shell announces final investment decision on Prelude Floating LNG project in Australia. The Board of Royal Dutch Shell plc (Shell) has taken the final investment decision on the Prelude Floating Liquefied Natural Gas (FLNG) Project in Australia (100% Shell), building the worldâs first FLNG facility. Moored far out to sea, some 200 kilometres from the nearest land in Australia, the FLNG facility will produce gas from offshore fields, and liquefy it onboard by cooling. The decisionâŚ
Shell Floating LNG Technology, Greater Sunrise Project
Shellâs Floating Liquefied Natural Gas (FLNG) technology has been selected as the Sunrise Joint Ventureâs preferred option for developing the Greater Sunrise gas fields in the Timor Sea. Subject to final detailed agreements, government approvals and a final investment decision Shell will operate the FLNG facility and manage the design and build phases of the FLNG project for the Sunrise Joint Venture participants. The Sunrise project would be the second deployment of Shellâs proprietary FLNG design, following Shellâs Prelude FLNG development in the Browse basin, offshore Western Australia.