Kuala Lumpur: DNV has been awarded the contract to class the Petronas LNG-FPSO (FLNG). The unit will be built by Daewoo Shipbuilding & Marin Engineering in Korea and is destined for the Kanowit field offshore Sarawak, Malaysia. It is expected to be the world’s first floating liquefaction unit in operation when completed in 2015. The Petronas FLNG will be 300m long and 60m wide and will be moored 180km from shore. It is designed to produce 1.2m tonnes a year (mtpa) of LNG, boosting Malaysia’s total LNG production capacity from 25.7 mpta to 26.9 mpta. The scope of the DNV contract includes the floating structure, mooring arrangement and natural gas liquefaction technology.
“The ability to process and offload LNG offshore will increase the viability of significant gas reserves in Malaysia’s remote and stranded fields and beyond that, we foresee a number of these very high investment projects being built throughout the world as a means of developing gas fields and transporting the gas economically to market,” said Conn Fagan, Vice President of floating gas project business development at DNV. “There is currently a high demand for LNG,” said Fagan. [27/09/12]