Financing FLNG Facilities—What Lies Ahead?
Although the FLNG concept has been around for decades, only three units are in the water and operational or under commissioning as of 2018. As the mitigation of technological risks is demonstrated, commercial risks become the focal point and the challenge to financing the capital-intensive projects.
Partnership Targets Stranded Fields With Fast-Deployment FLNG Vessels
Add Energy has partnered with Transborders Energy and will work with TechnipFMC and MODEC to develop a 1.0-MTPA FLNG vessel for small-scale stranded fields.
More Contracts Awarded for Mozambique’s Coral South FLNG Project
Air Products, BHGE, Norsafe, and Sofec won contracts for Eni’s Coral South FLNG project in Mozambique.
Cryogenic Hose Technology: Transfer Solutions Keep Pace with the March of LNG
Global trade for LNG is projected to rise by 50% by 2020. There is a clear acceleration in demand for small- and medium-scale LNG, necessitating splitting of LNG into smaller load parcels. Transfer methods applicable to deeper water, smaller LNG carriers, and harsh environments are critical.
Prelude FLNG Takes to the Seas
The Prelude FLNG begins the 3,600-mile journey from South Korea to northwest Australia; expected to remain at final destination for 20–25 years.
Eni Finalizes Mozambique FLNG Investment, Contract Rollouts Begin
Eni finalized a USD 7-billion investment in the Coral South FLNG project, the first offshore development in Mozambique. Service and equipment providers are announcing their awarded contracts.
FLNG Outlook – Pioneering Export Facility Arrives; While Regasification Units Increase
Douglas Westwoods' world FLNG market forecast for the period 2016-2022. A stormy ride is expected for the LNG industry, as the fall in natural gas prices limits investment in capital-intensive liquefaction projects.
Challenges in a Multidisciplinary Approach for Explosion Design for Floating Facilities
Floating LNG (FLNG) units have a higher risk of explosion than onshore plants because of the limited and congested environment on the ship. This paper focuses on proper design to address this hazard.
Significant Growth Forecast for Capital Expenditure in Floating Liquefied Natural Gas
Increasing gas demand and the requirement for short-term to medium-term import solutions have led to rapid growth in the floating regasification sector in recent years.
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