Zurich: ABB, the Swiss power and automation technology group, has won a contract worth more than $50m to supply the electrical system for one of the world’s first commercial floating liquefied natural gas (FLNG) facilities, and the second to be owned by Malaysian oil and gas company Petronas. It will be called PFLNG2.
The contract was awarded in the fourth quarter of 2014 by Japanese engineering contractor JGC Corporation. JGC is part of a consortium that is building the facility for petronas, along with Samsung Heavy Industries of Korea.
Under the terms of the contract, ABB will support the optimization of the facility’s electrical side by designing, manufacturing and supplying transformers, switchboards, motor-control centers and power management system. In addition, ABB will also manage the installation of the equipment and ensure the electrical supply is integrated with systems it is powering.
The PFLNG2 will be built at Samsung Heavy Industries’ yard in Geoje, Korea in 2015. When operations start in 2018, the facility will be moored over the deepwater Rotan gas field located off the Malaysian coast. It is designed to produce 1.5m tons of LNG annually for at least 20 years before it requires a dry dock.
A recent report by Douglas-Westwood estimated the FLNG market to be worth $64bn between now and 2020. [05/02/15]
