Trelleborg will see its Trelleborg Industrial Solutions business area obtain innovative cryogenic hose system technology from leading floating production and mooring group SBM Offshore. The news comes as Trelleborg seeks to establish its position in the emergent floating liquefied natural gas (FLNG) market.
President of the Trelleborg Industrial Solutions business area, Mikael Fryklund, highlighted FLNG vessels as a growing trend in the offshore oil and gas sector. FLNG vessels are notable for their lucrative potential and flexibility for commercialising new gas discoveries in remote offshore locations.
“As a business”, he said, “we are committed to investing in technology which has a strong market potential and good future profitability. The acquisition of SBMs cryogenic hose system technology bolsters our technological offering and strengthens our existing portfolio within offshore offloading. Furthermore, it will complement Trelleborg’s existing LNG hose development program and further accelerate our emerging offloading LNG hose system, which are expected to go to market next year.
“We believe that taking the best of SBM technology and expertise, and embedding it into Trelleborg’s industry renowned offering, is a unique opportunity and one that we simply couldn’t pass up.”
Working with SBM Offshore, Trelleborg has undergone tests to obtain all qualifications and approvals for cryogenic offshore offloading and loading hose systems.
Chief Technology Officer of SBM Offshore, Michael Wyllie, said: “we are delighted to announce the transfer of our innovative COOL™ hose technology to Trelleborg and we are convinced that its integration into Trelleborg’s Cryoline solution results in the most advanced tandem FLNG offloading system on the market today. We look forward to further cooperation with Trelleborg in this field.”Trelleborg has begun to work with this technology in conjunction with two leading oil and gas groups, including SAPIEM, in order to develop a new LNG tandem offloading system which is due to play a major role in future FLNG projects. This cryogenic floating hose will facilitate a safer exchange in the offshore transfer of LNG and enable FLNG projects to be undertaken in severe weather conditions, without excessive downtime and with considerably lower risk.
Adapted from press release by Ted Monroe
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/06092013/trelleborg_aquires_cryogenic_technology_231/