AsiaOffshoreShipyards

Petronas to delay delivery of Samsung Heavy FLNG

Photo of Sam Chambers Sam ChambersApril 19, 2016
4 Less than a minute

South Korean shipbuilder Samsung Heavy Industries (SHI) is bracing itself for another big offshore contract to be delayed. The head of Malaysian energy major Petronas has told a local South Korean newspaper, Maeil Business, that his firm plans to push back an FLNG delivery by two years to 2020.

The $1.47bn FLNG contract was signed two years ago with an original delivery date of 2018. SHI has already been hit hard by many offshore delays and cancellations.

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Photo of Sam Chambers Sam ChambersApril 19, 2016
4 Less than a minute
Photo of Sam Chambers

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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