Floating LNG

The financing is Africa’s largest ever project financing deal to date. It is also the world’s first project financing of a FLNG facility.

The project would cost US$8 billion and LNG exports were expected to start in 2022.

The sanction of Eni’s Mozambican Coral South FLNG project moves yet another development off Rystad Energy’s delayed FIDs tracker.

TechnipFMC has announced that, together with JGC Corp. and Samsung Heavy Industries, all partners in the TJS Consortium, it has been awarded a contract by Coral FLNG SA.

According to Reuters, a consortium that includes JGC has reached a deal valued at 700 billion yen to construct a floating LNG platform off of the coast of Mozambique.

Framo has announced that it has signed an agreement to deliver pumping systems for Höegh LNG’s new floating storage and regasification unit.

Sinwa Ltd has announced that it has won a number of new supply agreements for vessels involved in Shell’s Prelude floating LNG project.

Höegh LNG Holdings Ltd. has reported its financial results for the quarter ending 31 March 2017.

Wood Mackenzie has announced that the 100-day action plan between China and the US has the potential to alter the global LNG trade.

TMC Compressors has announced that it has been awarded a contract by Samsung Heavy Industries to deliver a marine compressed air system for a floating storage and regasification unit.

Ophir has announced that another milestone has been reached in the Fortuna FLNG project with the award of the midstream construction contracts.

PHI HNZ Australia PTY Ltd has now performed its first flight for the INPEX-led Ichthys LNG Project.

Monadelphous Group Ltd has announced that it has been awarded a major, long-term offshore maintenance services contract by INPEX Operations Australia for the Ichthys LNG Project.

According to Reuters, Petronas has announced that its second FLNG unit will be operational in 2020.

ABS has signed an agreement with Daewoo Shipbuilding & Marine Engineering Co. to support safety and apply class guidance in the development of a conceptual FLNG unit design.