Floating LNG

Black & Veatch’s PRICO technology has become the world’s first FLNG technology to achieve production on a floating facility.

According to Reuters, within the next one or two weeks, Indonesia is expected to decide on a plan by Inpex Corp. to increase the proposed output from the Masela natural gas field.

Golar Power has announced that it has reached a final investment decision on the Porto de Sergipe project, and has chartered the Golar Nanook floating storage regasification unit for 25 years.

Trelleborg has supplied a selection of bearing solutions for Shell’s Prelude FLNG project.

Alexander Harsema-Mensonides, Braemar, USA, looks at how the role of LNG is changing from wholesale to retail markets.

The Bulgarian energy minister has said that the country could take up to a 25% stake in a project to construct a floating LNG terminal, located off the coast of Northern Greece.

According to Reuters, Ivory Coast has signed a partnership pact to create a Total-led consortium to construct an LNG import terminal.

BP has entered into a sales and purchase agreement with the Area 4 concession partners to purchase 100% of LNG produced by the Coral South floating LNG facility, which is expected to be located offshore Mozambique.

According to Reuters, GG Power is planning to commence construction of its Port of Sergipe Thermoelectric Plant in Brazil in November 2016.

In its recent World FLNG Market Forecast, Douglas-Westwood predicts a boost for regasification units.

Wison Offshore & Marine has completed the performance test for Exmar’s FLNG production facility.

According to Reuters, Equatorial Guinea is discussing pricing terms with possible offtakers from its 2.2 million tpy Fortuna floating LNG project, with Europe being eyed as its next key market.

Excelerate Energy and Dubai Supply Authority have completed the first commercial gas-up operation at DUSUP’s Jebel Ali LNG import terminal via Excelerate’s Explorer FSRU.

Ophir has announced its results for 1H16, highlighting significant progress in the Fortuna floating LNG project.

According to Reuters, Korea Gas Corp. has signed a memorandum of understanding with the Brazilian state of Ceara to cooperate in the development of an LNG import terminal in Brazil.