DNV GL, N-KOM Championing LNG

DNV GL and Qatar’s shipyard Nakilat-Keppel Offshore & Marine (N-KOM) have signed a Memorandum of Understanding to promote liquefied natural gas (LNG) as fuel within the maritime and offshore industry.

The MOU will further strengthen the position of N-KOM, which is a joint-venture between Qatar Gas Transport Company (Nakilat) and Keppel Offshore & Marine, in the areas of LNG-fuelled vessel conversions and construction of related floating assets.

As part of the agreement DNV GL and N-KOM will cooperate, amongst others, on the development and newbuilding of bunker barges, of coolant barges for temporary gas storage as well as to promote the use of LNG as fuel in the offshore sector.

A training program is to be conducted in the N-KOM facility on LNG carrier or LNG-fuelled vessel repairs.

Both partners will offer project management support for conversion projects to third party yards.

“Qatar is the single largest producer and exporter of liquefied natural gas in the world and has become a leading cluster for gas related activities. Therefore, we look forward to establishing a valuable partnership with N-KOM which further cements our strong market position on LNG as fuel in this region and benefits the environment by making the shipping industry greener,” said Dr Henrik Madsen, DNV GL’s Group President and Chief Executive Officer.

Press Release