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ABS Selected For The World's First Newbuild LPG FPSO

Maritime Activity Reports, Inc.

October 14, 2002

The SPB gas containment system is recognized by industry as particularly effective for liquid gas storage on an FPSO or FSO because of its internal tank stiffening structure and suitability for partial loading. ABS offices worldwide will be involved in the project with engineering services and review being provided by staff in Houston, Yokohama, London and Hamburg. "It will take a worldwide coordinated effort drawing upon the various expertise of our engineers and close coordination with our surveyors," said Phil Rynn, ABS Project Manager for the SANHA LPG FPSO. Included in the scope of work will be design review of the following: topsides, pressure vessels in accordance with ASME standards, hull structure and cargo tanks, refrigeration and reliquefaction plants and turret and mooring assessment. Mitsui & Co. Ltd. and IHI have signed the contract for the construction of the SANHA for Single Buoy Mooring Inc. of Monaco. The project will be operated by Sonangol (national oil company of Angola), ChevronTexaco, TotalFinaElf and Agip. The project is scheduled for completion mid 2004 with the first product shipped the beginning of 2005. ABS classification of the SANHA will be À A1 Liquefied Petroleum Gas Floating Processing, Storage and Offloading System, À Floating Offshore Installation-Depropanizer, Refrigeration and Reliquefaction Facilities, DLA, SFA, À ACCU (Minus Propulsion).

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