DNV to Class World's First LNG FPSO

Wednesday, September 26, 2012

DNV has been contracted to class the Petronas LNG FPSO (Floating Production, Storage, Offtake) vessel to be built by Korea's DSME.

The unit will be built by DSME in Korea and is destined for the Kanowit field offshore Sarawak, Malaysia. It is expected to be the world’s first floating liquefaction unit in operation when completed in 2015.

The Petronas FLNG will be 300m long and 60m wide and will be moored 180km from shore. It is designed to produce 1.2 million tonnes a year (mtpa) of LNG, boosting Malaysia’s total LNG production capacity from 25.7 mpta to 26.9 mpta.

The scope of the DNV contract includes the floating structure, mooring arrangement and natural gas liquefaction technology. Among the challenges of the project are:


• cryogenic storage tanks that are tolerant to sloshing
• topsides that include gas pre-treatment and liquefaction processing equipment and
• ship-to-ship offloading equipment suitable for LNG transfer at sea.

The FLNG unit negates the need for a costly or technically problematic offshore pipeline to transport the gas back to land-based liquefaction plant and includes liquefaction technology, designed for use on a floating facility.

“The ability to process and offload LNG offshore will increase the viability of significant gas reserves in Malaysia’s remote and stranded fields and beyond that, we foresee a number of these very high investment projects being built throughout the world as a means of developing gas fields and transporting the gas economically to market,” says Conn Fagan, Vice President of floating gas project business development at DNV.

“There is currently a high demand for LNG,” says Mr Fagan. It can be a cost effective solution for supplying the energy needs of rapidly growing cities such as those in Bangladesh, China, India, Indonesia and Vietnam, as well as providing flexibility of supply for consumers currently reliant on pipeline gas. This demand, coupled with the presence of large offshore gas reserves, some in remote locations, has made the floating LNG production unit an interesting technical and economic option.



 

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

Contracts

Asia Tankers-VLCCs Rates Ease as Tanker Jams Fade

Port congestion eases at Basra and Chinese ports; tanker demand set to expand on lower oil prices. Freight rates for very large crude carriers (VLCCs), hurt by slower-than-usual release of cargo,

EU Clears CMA CGM, NOL Merger, with Conditions

The European Commission said on Friday it had cleared French shipping group CMA CGM's $2.4 billion takeover of Neptune Orient Lines on condition that NOL pulls out from a rival shipping alliance.

How France Sank Japan's Sub Dream

Ousting of Japan ally PM Abbott opened door to rivals; Tokyo slow to respond to new competitive process. In 2014, a blossoming friendship between Australian

Shipbuilding

SCHOTTEL Debuts EcoPeller with High-torque Gears

Propulsion and steering systems manufacturer SCHOTTEL has unveiled its new EcoPeller (SRE), which it said offers improved efficiency and robustness. Playing a

Fincantieri Delivers Carnival Vista

Carnival Vista, the new flagship of the fleet of Carnival Cruise Line, brand of the Carnival Group, was delivered today at Fincantieri’s shipyard in Monfalcone.

Samsung Heavy Loses $4.6-bln FLNG Order

South Korea’s shipbuilder Samsung Heavy Industries (SHI), the world’s third-largest shipbuilder,  has received a contract termination for three floating liquefied

Offshore

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

Nigeria's LNG Export Falls

Babs Omotowa, Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), has raised alarm over Nigeria’s dwindling investments in Liquefied Natural Gas (LNG),

LNG

Pressure Steady on LNG Shipping Rates -Drewry

LNG shipowners will have to wait until 2018 for earnings to improve, when the majority of new US plants are expected to come online, according to the latest edition

Samsung Heavy Loses $4.6-bln FLNG Order

South Korea’s shipbuilder Samsung Heavy Industries (SHI), the world’s third-largest shipbuilder,  has received a contract termination for three floating liquefied

AIDAprima Makes Maiden Call at Southampton

AIDA Cruises’ new flagship AIDAprima docked in Britain’s Southampton port for the first time on the morning of April 27, 2016, as part of a four-day short cruise.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Pipelines Salvage 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: 0.0939 sec (11 req/sec)