EXMAR orders second FLNG from Wison Offshore

DECEMBER 22, 2014—Under a recently announced deal, China’s Wison Offshore & Marine will build a second Floating LNG Liquefaction Unit (FLNG) for EXMAR NV at its Nantong shipyard.

The contract calls for Wison to provide the turnkey engineering, procurement, construction, transportation, installation and commissioning (EPCIC) of the FLNG. The non-self-propelled barge will have a liquefaction capacity of 600,000 tons per annum and 20,000 m³ of LNG storage. EXMAR also has options for two more FLNG’s.

This past November, an undocking ceremony was held by Wismar at its Nantong shipyard for the Caribbean FLNG, the first unit for EXMAR. The unit comprises a non-propelled barge that will be operated off the Caribbean coast of Colombia for Pacific Rubiales Energy and equipped to convert 72.0 million ft3/day of natural gas into LNG  (about 500,000 tons of LNG per annum) for temporary storage and export. The Caribbean FLNG will be delivered to Colombia in the second quarter of 2015.

“It is clear that lower oil and gas prices will continue to boost demand for cost-efficient and fast-track FLNG solutions over land-based liquefaction terminals,” says Nicolas Saverys, EXMAR CEO. “We continue to see strong growth in the FLNG market. Thanks to our first-mover advantage we are actively working on seven FLNG projects around the world. With this second FLNG contract we take another key step towards further strengthening our unique position in the FLNG market.”