Wison scoops second barge regasification contract this year

Shanghai: Wison Offshore & Marine continues to cement its place as one of China’s leading names in offshore engineering.

Wison announced it had won a contract for the delivery of a barge-based floating LNG regasification unit from a 50/50 joint venture between EXMAR NV (“Exmar”) and Pacific Midstream Holding Corp, a fully owned affiliate of Pacific Rubiales Energy Corp. (“PRE”).

The regasification unit will be built at Wison’s wholly-owned and operated fabrication facility in Nantong where Wison is presently in the process of fabricating the Caribbean FLNG project, also for Exmar and PRE. Under the agreement for the regasification unit, Wison affiliates will be responsible for the turnkey engineering, procurement, construction, installation and commissioning (EPCIC) of the project with delivery anticipated for the fourth quarter of 2015.

The agreement marks Wison’s second award this year for a barge-based floating LNG regasification facility following the previous announcement in January of an agreement with VGS for an LNG import project located offshore Andhra Pradesh, India.

“Through our work on the Caribbean FLNG unit, Wison has worked very hard to solidify our relationship with Exmar and PRE, two of the leaders in the LNG market, and we are honoured that they continue to put their trust in Wison for the delivery of these projects,” said L. Dwayne Breaux, president of Wison. “With this being our second floating regasification barge award in as many months, we hope to further solidify our place in the industry as one of the leading suppliers of LNG facilities.”  [12/02/14]

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