LNG FPSO Ordered
Höegh LNG announced that it has entered into agreements with major contractors and formally started the engineering and design for its first LNG FPSO Unit (Floating Production Storage and Offloading), with the objective to design and construct the worlds’ first LNG FPSO. “Our strategy is to develop Höegh LNG’s business model from pure LNG transportation into offering also solutions for LNG production and floating regasification terminals”, says Sveinung Støhle, President and CEO of Höegh LNG AS. The proposed project will consist of a ship shaped offshore classed structure with the capacity to treat and liquefy a well stream of approx 2.5 billion cubic meters pr. year, which will give an annual production of approx 1.6 million tons of LNG and approx 0.5 million tons of LPG.
Korean Yard Wins LNG-FPSO Order
DSME says it has won its first order for an LNG-FPSO from Pretroliam Nasional Berhad, Malaysia`s state-operated oil company. The design of this project is a joint effort between DSME and Technip, a France based offshore plant design company. The LNG-FPSO will be 300m long, 60m wide, and have the capacity to store up to a maximum 180,000㎥ LNG with an annual handling capacity of 1.2 million tons. It will be constructed in the Okpo shipyard and delivered in June of 2015. It will provide service to the Kanowit field which is located off the northwest coast of Sarawak state in Malaysia.
SBM Enters JV with Linde
According to reports, SBM Offshore said it expects the first sale of its Liquified Natural Gas offshore production facility, called LNG FPSO, within 18 months, and also announced a development partnership with Germany's Linde AG. SBM said it now considers the LNG FPSO ready for marketing and added that it can now establish the cost and delivery time of each unit. The LNG FPSO is an offshore liquefied natural gas production facility that allows the development of stranded offshore gas fields as it produces, liquefies and stores gas. SBM said capital expenditures on each unit is $2b. To shorten the design and delivery cycle time of the LNG FPSO, SBM said it decided to form a partnership with Linde.
MHI LNG-FPSO Approval for Two Tank Types
Mitsubishi Heavy Industries, Ltd. (MHI) completed development related to floating production, storage and offloading units for liquefied natural gas (LNG-FPSO), and has obtained two kinds of approval in principle (AIP) from major international ship classification societies. In tandem with intensified activity in medium- and small-scale offshore gas field development, demand for LNG-FPSOs, a new method of gas production offering movable capability, has been increasing globally. Boosted by the new recognition of the safety and reliability of its proposed units, MHI will now begin aggressive marketing activities toward construction of the world's first LNG-FPSO.
Höegh teams with Aker Yards, ABB Lummus
Höegh LNG entered agreements with Aker Yards and ABB Lummus Global and started the engineering and design for its first liquefied natural gas (LNG) floating production, storage and offloading (FPSO) unit. The proposed project will consist of a ship-shaped FPSO with the capacity to treat and liquefy a well stream of approximately 88.2 Bcf/year, or annual production of approximately 1.6 million tons of LNG and approximately 500,000 tons of liquefied petroleum gas (LPG). The LNG FPSO will have storage capacity of 6.4 MMcf of LNG and 1.1 MMcf of LPG. Deliveries are scheduled to begin in mid-2011. Höegh LNG will manage the pre-front end engineering and design (FEED) phase, with Aker Yards performing work on the FPSO hull, containment and utility systems.
Linde forms Global Alliance with SBM
Linde has formed a Global Alliance with Single Buoying Mooring Inc. (SBM) to develop and market Floating Production, Storage and Offloading units (FPSO) for the growing Liquid Natural Gas (LNG) industry, based on Linde's proprietary natural gas liquefaction technology. After having finalized a generic concept for a LNG FPSO with a yearly capacity off app.2.5 million metric tons of LNG, global marketing efforts will start as of today. The FPSO is designed for any conventional natural gas composition and aims at offshore natural gas fields with recoverable reserves of 1 trillion cubic feet or more. Under the Global Alliance Linde contributes the FPSO topsides including gas pretreatment…
Samsung Heavy Cancels $776.8 mln LNG FPSO Order
South Korean shipbuilder Samsung Heavy Industries (SHI) has terminated a contract worth a 907.6 billion won ($776.8 million) for the construction of a liquefied natural gas (LNG) floating production and storage (FPSO) unit the shipbuilder signed with an unnamed European buyer back in January 2009. The South Korean shipbuilder said in a regulatory filing that the order, which came from an unspecified European firm, was cancelled as the firm did not issue a work order by a deadline agreed upon.
Engineering Contracts for KBR on FPSO Projects
KBR announced today that it was selected as Höegh’s preferred engineer to execute pre-FEED studies for two of its projects off the coast of Israel and offshore Australia. KBR will provide the pre-FEED study for the King liquefied natural gas-floating production storage and offloading (LNG-FPSO) facility currently being evaluated for Noble Energy's giant Tamar gas field off the coast of Israel. KBR has developed FPSOs that are in use worldwide and is recognized as one of the world's leading providers of onshore LNG plants and FPSOs. Höegh LNG awarded KBR a second FLNG pre-FEED study for an unnamed project offshore Australia. The four-month pre-FEED is intended to provide a Total Installed Cost (TIC) estimate for a two mtpa FLNG facility to enable further evaluation of the project.
SBM Offshore Hands over FPSO Turritella to Shell
SBM Offshore said it has completed the transaction related to the sale of floating production storage and offloading (FPSO) vessel Turritella to Shell E and P Offshore Services B.V. Shell exercised an option to purchase the FPSO from SBM Offshore in summer 2017. The Turritella FPSO is contracted for the Stones deepwater development in the Gulf of Mexico, which began production in 2016. The vessel has a daily production capacity of approximately 60,000 barrels of oil and 15 million cubic feet of natural gas.
Hyundai Heavy Unveils LNG Cargo Containment System
Hyundai Heavy Industries (HHI) announced it has developed a high performance Hyundai Membrane LNG Cargo Containment System. The shipbuilding giant’s new membrane type containment system for liquefied natural gas received Design Approval from classification societies including ABS and DNV. The containment system, useable for LNG carriers, LNG FPSO, LNG fueled vessel and LNG bunkering systems, features dual metal barrier and high performance insulation systems. The thin STS304L and Invar-alloy barriers…
Korea's HHI Shows Diverse LNG Carrier Models at Gastech
Hyundai Heavy Industries (HHI), claimed to be the world’s biggest shipbuilder, and the only one in Korea capable of constructing both Membrane type and Moss type LNG carriers, informs it will exhibit at the upcoming Gastech 2014 show in Gyeonggi Province, South Korea. The shipbuilder says it has taken the lead in introducing cutting-edge LNG-related ships, and developing independent LNG storage system and technology. It will show models of an LNG carrier, an LNG FPSO and an LNG FSRU at the event.
DNV to Class World's First LNG FPSO
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. • ship-to-ship offloading equipment suitable for LNG transfer at sea.
ABS, Newbuild and Converted Offshore LNG
ABS is currently involved with the review of or being considered for the selected class society for several Floating LNG (FLNG) and Floating Storage and Re-gasification Unit (FSRU) concepts. “We’ve been approached by leading energy operators to help them evolve gas technology that has typically been developed for land-based facilities,” said Ken Richardson, ABS Vice President Energy Project Development. Richardson pointed out that the recent increases in the size of LNG carriers may create commercial challenges for the continued flexible operation of some of the existing LNG carriers. “LNG carriers are some of the best maintained vessels that can be found,” Richardson pointed out. “Strict maintenance regimes mean these ships may have many years of serviceable life ahead of them.
Bayards Announces Record Order
On Jan 16 2009 Bayards and Samsung Heavy Industries signed an order for the delivery of 14 aluminium helidecks in calendar year 2010 - ten firm, four options, and all involving some new technology. Bayards believes the commitment from Samsung is the largest single helideck order ever made. Peter Gritsch, manager of Bayard’s Italian subsidiary and pioneer in the Korean market explained that it did not come unexpectedly; it was preceded by a long hard road of loyalty building. “Doing business in South Korea demands determination, dedication to service, establishing loyalty and patience.
Shell Announces Plan for Penguins Filed Redevelopment
Shell announced the final investment decision for the Penguins field redevelopment project in the U.K. sector, which includes the construction of a new-build Sevan Marine designed cylindrical floating production, storage and offloading (FPSO) vessel. The Penguins field is in 165 metres of water, approximately 150 miles north east of the Shetland Islands. Discovered in 1974, the field was first developed in 2002 and is a joint venture between Shell (50 percent and operator) and ExxonMobil (50 percent).
Hyundai Heavy Completes Test for Ice-breaking Ore Carrier
Hyundai Heavy Industries, the world’s biggest shipbuilder, today announced the completion of the final performance test for a model ship of 190,000 DWT ice-breaking iron ore carriers at Institute for Ocean Technology in Canada. When the actual 190,000 DWT iron ore carrier is built, the iron ore carrier will be the world’s largest ice-breaking commercial ship. It will be able to navigate 1.7 m thick ice-covered waters with a speed of 6 knots. The ship will measure 310 m in length and 51 m in width.
Four Japanese Companies Join Modec in Sepia FPSO Deal
Four Japanese companies will invest in a new company established by compatriot Modec with an aim to provide a floating, production, storage and offloading (FPSO) unit for the Petrobras-operated Sepia field offshore Brazil. "MODEC, Mitsui, Mitsui O.S.K. Lines, Marubeni Corporation and Mitsui Engineering & Shipbuilding Co have agreed to jointly invest in a long-term charter business currently promoted by MODEC, for providing a FPSO in the Sepia Area, off the coast of Brazil," said a press release. These companies have entered into related agreements for the FPSO project on January 9, 2018.
Elengy LNG Trans-Shipment at Montoir-de-Bretagne
Elengy, a unit of the French energy company and LNG player Engie, said that the LNG receiving terminal in Montoir-de-Bretagne, managed by the company, has just performed a new generation LNG transshipment. The ice-class LNG carrier Fedor Litke (170 000 cm capacity) has delivered to the LNG Jurojin (155 000 cm capacity) an LNG cargo the size of the yearly gas consumption of a city like Nantes. This was done safely during an twin call thanks l. The LNG was transferred through the cryogenic pipelines linking directly the two berths, without going through the terminal’s tanks.
ABS Approves Hyundai Heavy's FPSO Hull Design
South Korean shipbuilder Hyundai Heavy Industries (HHI) has received an Approval in Principle (AIP) for its floating production storage and offloading (FPSO) hull design from classification society ABS. “As the offshore industry strives to design more cost-effective production units, ABS remains committed to evaluating novel designs that meet our class standards,” says ABS Executive Vice President, Global Offshore Ken Richardson. “The Newbuilding Conversion FPSO hull design can be built for about half the cost as compared to a conventional FPSO hull…
South Korean Yards Eyed for $3.8 Bln LNG Shipbuilding Deal
A little-known investment company said it intends to order up to 20 liquefied natural gas (LNG) carriers, probably from South Korean shipbuilders. The contracts would be worth as much as $3.8 billion, two people with direct knowledge of the matter told Reuters. CBI Energy and Chemical, which is controlled by Australian and Canadian investors and has offices in Hong Kong, also said in a statement to Reuters that it would be seeking to buy floating LNG production and import facilities as part of an ambitious plan for Africa and Asia. The orders would be a major shot in the arm for South Korea's ailing shipbuilding industry, which has been hit by a collapse in new orders as global trade growth slows and after the slump in commodities prices in recent years.
New Report Finds LNG Future Bright
The new report “The Drewry Annual LNG Shipping Market Review and Forecast” finds one sector of shipping with a bright future. new/expanded, terminals. encouraging speculative ventures and new entrants. New technologies are helping to bring costs down and make previously uneconomic projects viable. efficient units that will not only reduce fuel costs bit will also increase cargo carrying capacity. for LNG export. to new LNG receiving terminals (especially in North America). the ranks of LNG shipbuilders. (2007)). of India. But it not just new markets that excite! importer in 2006, after a long absence, with a huge contract with Qatar. importing club. Across the Atlantic the USA has been the focus of much of the recent boom in LNG.
SHI Inks Orders for 5 Ships at Posidonia
Samsung Heavy Industries (SHI) apparently found no troubles in Greece this year, as the company reports inking a deal for five ships at Posidonia 2010, meaning its contracting amount has reach $3.3 billion in 2010, more than double the annual contracting amount of the previous year. SHI won orders for five 158,000 t SUEZMAX-class oil tankers during Posidonia 2010. Samsung Heavy Industries focused on attracting shippers and winning contracts at Posidonia 2010, the ship fair that was held starting on June 5, 2010, and participated in by over 1,700 businesses. CEO Roh In-Sik and the Sales Manager fully supported the Company’s efforts to win more contracts. Their efforts paid off when they secured a contract to build five oil tankers on June 10, 2010, the final day of the fair.
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.