Parker Hannifin Lands Prelude FLNG Job

Parker Hannifin Corporation, the global leader in motion and control technologies, has been awarded a contract by SBM Monaco for the supply of the wire rope sections within the mooring system for the Prelude FLNG to be operated in Northwest Australia.

In May 2011, the Board of Royal Dutch Shell plc made the decision to proceed with the Prelude FLNG Project and start construction of the world’s first floating liquefied natural gas project. With a length of 488m (800ft) bow to stern, this FLNG facility will be the largest floating facility ever built.

The first site to use Shell’s FLNG will be the Prelude gas field, 200km (124 miles) off Australia’s north-west coast. The Prelude FLNG facility is expected to stay moored at location for 25 years. Parker’s Energy Products Division has been selected to supply the wire rope sections within the mooring system for this revolutionary facility which will have the highest Minimum Breaking Load of any steel wire mooring system component ever supplied.

“Parker is proud to be part of this project which will be a game-changer in the energy industry,” said the company in a statement.

The Energy Products Division of Parker Hannifin provides innovative project solutions with customer-focused project management for global energy recovery. Solutions include: custom umbilicals, power cables, mooring lines, marine hose, high pressure hose, surveying, metrology, and service. For more information on EPD’s products, visit www.parkerepd.com.

With annual sales of $13 billion in fiscal year 2013, Parker Hannifin is the world’s leading diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of mobile, industrial and aerospace markets. The company employs approximately 58,000 people in 49 countries around the world. Parker has increased its annual dividends paid to shareholders for 57 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 index.

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Press Release, November 06, 2013