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TMC awarded Höegh FSRU contract

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LNG Industry,

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

SHI is building the 170 000 m3 FSRU for Hoegh LNG. It is scheduled for delivery in 2Q19, and will have a minimum regasification capacity of 750 million ft3/d.

The system delivered by TMC will consist of 2 x 44 kW service air compressors and 2 x 44 kW control air compressors. The value of the contract has not been disclosed.

TMC’s contract with SHI also includes options to deliver similar compressed air systems to three additional FSRUs that the shipyard may construct for Höegh LNG. These vessels have scheduled delivery dates of one unit in 2019 and two units in 2020.

Per Kjellin, Managing Director of TMC, said: “Höegh LNG has one of the world’s biggest fleets of TMC compressors for FSRUs. We are very pleased that they, in cooperation with Samsung Heavy Industries, have once again selected our technology for their projects.”

Recently, TMC has signed two other contracts to provide marine compressed air systems for newbuild FSRUs. These include a contract with DSME, which is constructing a unit for BW LNG, and Hyundai Heavy Industries, which is constructing a unit for Höegh LNG.

Kjellin added: “It seems like several players are trying to capitalise on a very favourable newbuild market to position themselves for further expansion in the FSRU segment. I believe everyone who are exposed to the newbuild segment, including TMC, are very pleased with this development.”

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