Floating LNG

Singapore’s BW Group has signed a 15 year agreement with Pakistan GasPort Ltd to provide a floating storage regasification unit.

IHI Corp.’s floating LNG power station (FLPS) has been granted Approval in Principle (AIP) by DNV GL.

In its latest ‘World FLNG Market Forecast’, Douglas-Westwood forecasts that global CAPEX on FLNG facilities will increase to US$41.6 billion between 2017 – 2022.

Excelerate Energy has released a video detailing the company’s collaboration with the Dubai Supply Authority to upgrade the Jebel Ali LNG import terminal with the FSRU Explorer.

Fluor Corp. has announced that James Hackett, who previously served on the Board of Directors between 2001 and 2015, has been re-elected to the Board.

Excelerate Energy has announced that it is scheduled to carry out its 1000th commercial ship-to-ship LNG transfer in late August 2016.

Malaysia’s Coastal Contracts has entered a binding Memorandum of Understanding with Indonesia’s PT Jaya Samudra Karunia Internasional proposing a joint venture deal.

DOF Subsea has been awarded a five-year contract by Shell with 2x two year options to provide a fulltime underwater services and multi-purpose supply vessel for the Prelude project.

Exmar has announced that commissioning for its floating LNG project, Caribbean FLNG, has now commenced.

Excelerate Energy has announced that it has signed the final agreements with Petrobangla for Bangladesh’s first LNG import terminal – Moheshkhali floating LNG.

OneLNG will target the development of low cost gas reserves to LNG.

Ocean Installer has released a statement claiming that it has won a contract for the procurement and installation of a spread mooring chain system for a floating storage unit project in Malta.

Mitsui O.S.K. Lines has announced that its subsidiary has concluded a long-term charter contract with Gas Sayago of Uruguay for a floating storage and regasification unit project, led by Gas Sayago.

According to Reuters, Samsung Heavy Industries is expecting an order from Eni this year for the construction of a floating LNG unit.

Delfin LNG has released a statement claiming that the project’s draft environmental impact statement has been completed and published.