Page 37: of Maritime Reporter Magazine (September 2015)

Largest Ever

The Prelude FLNG proj- ect’s turrent module leaves Dubai for the Asia.

(Courtesy Shell) “pegged” to oil, gas prices have become Golar LNG. Against the backdrop of technology was chosen for its smaller order provided upwards of $900 mil- increasingly regional and are nowhere Browse, Prelude and Exmar’s barge-like vendor list and reliability, as well as for lion each in shipyard, topsides and liq- stronger than in Asia, while liquefying Caribbean LNG (built) for Colombia, the targeted “clean” well stream. The uefaction work. Woodside had planned remote African gas looks set to transform Golar in 2014 and again in January 2015 PRICO kit is already key to this bur- to use three FLNG vessels using Shell’s the “center” of a worldwide industry. brought in Korean shipyard Keppel and geoning FLNG market of new and old own liquefaction technology at Browse

Imperceptibly in most places, spot gas U.S. ? oating liquefaction expert Black LNG players. before twice delaying “decision gate”, prices are showing signs of life, even if & Veatch to convert the midstream Hilli “The scale and speed in which we se- some say to allow Australia’s enormous

LNG carrier rates have plummeted since and Gimi Moss-type LNG carriers into cured the contract for the GIMI is a tes- supplier costs lead to narrow. Mean- 2012. Against this backdrop, clutches of 125,000-cubic-metre offshore FLNG tament of the industry’s con? dence in while, PRICO liquefaction’s simpli- engineers are keen to build strength in vessels able to produce 1.2 million tons FLNG conversion solutions,” company ? ed plant, with fewer vendors needed,

LNG by building FLNG, which has half per annum (MMta) of LNG. The Gimi VP and Executive Director for EPC has in short order transformed an LNG the price tag of land-based LNG if still conversion is nearly half built, and the projects, Hoe Wai Cheong says in a 2015 ship owner into a gas producer. Rapid pricier than piped gas. design reveals two sponsons bearing statement. Golar and Keppel are “spear- start-up, a reliable record and choice of

FLNG plant. Both conversions are EPC heading” an FLNG industry of “substan- size are Black & Veatch’s offering to

Liquefaction Vessels contract wins for Black & Veatch and tial potential”. the FLNG business. Golar and Exmar’s

One early mover is nimble-minded the U.S. contractor’s veteran PRICO Two Golar FLNG contracts in short Carribbean FLNG (0.6 MMta) show the www.marinelink.com 37

MR #9 (34-41).indd 37 MR #9 (34-41).indd 37 9/4/2015 10:51:33 AM9/4/2015 10:51:33 AM