Floating LNG

FMC Technologies has signed an agreement with Technip to supply loading arms as part of the Shell Prelude FLNG project.

With the rapid rise in demand for LNG from Asia, the Australian coalbed methane (CBM) industry is booming. But could competition from US and Chinese shale gas frustrate Australian ambition?

A dedicated cluster group has been launched by ITF in Australia to drive forward the country's oil technology development.

Hoegh LNG has signed an agreement with PT Perusahaan Gas Negara (PGN) to provide them with an FSRU and mooring system offshore Belawan, near the city of Medan, in North Sumatra, Indonesia. The project will employ the first of Höegh LNG's new building FSRUs under construction at Hyundai Heavy Industries Ltd in Korea.

Norwegian company, Hoegh, has won a contract for one of its soon-to-be-built LNG floating storage and regasification units.

Inpex, the operator of the Ichthys project, has announced that the winner of the FPSO contract will be named 'in the coming weeks.'

Excelerate Energy is to undertake the development and permitting of a floating offshore LNG regasification facility off the southern coast of Puerto Rico.

Latin America will account for half of the projected floating production Capex over the next five years according to a new Douglas-Westwood report.

GE Oil & Gas is to supply Technip with two steam turbine-driven compressors for the Shell Prelude FLNG project.

Kawasaki Heavy Industries, Ltd. has been awarded a contract by Technip to supply 7 units of boilers for Shell’s floating LNG facility Prelude, the world’s first Floating LNG facility, The boilers to be supplied by Kawasaki are the largest ever in the capacity for marine use.

Andrew Buckland and Giles Farrer, Wood Mackenzie, UK, detail the possibilities afforded by the development of the FLNG concept.

Excelerate Energy has won a 15 year time charter deal with Petrobras to provide an FSRU, the vessel, designated as VT3 by Petrobras, will have a capacity of 20 million m3/d.

Daewoo Shipbuilding & Marine Engineering Co. has won a US$ 280 million deal to build a floating storage and regasification vessel. The vessel will be delivered in 2014.

Israel's National Planning Council has given final approval for a plan to establish a floating LNG terminal off its Mediterranean coast.

Costain isto provide cryogenic expertise on FEED study for FLEX LNG’s fixed floating LNG production project for operations in Papua New Guinea.