EXMAR orders second FLNG at Wison

EXMAR NV has announced an order for a second Floating LNG Liquefaction Unit (FLNG) at Wison Offshore & Marine (Wison).

The first FLNG order was for a Caribbean FLNG unit.

Under the agreement, Wison will be responsible for the turnkey engineering, procurement, construction, transportation, installation and commissioning (EPCIC) of the FLNG, which will be a self-contained barge with a liquefaction capacity of 0.6 MTPA (Million Tons Per Annum) and 20,000 m³ of LNG storage.

The FLNG will be constructed at Wison’s shipyard in Nantong, China, where the construction of the world’s first FLNG also for EXMAR is nearing completion. EXMAR also secured additional firm options for two more FLNG’s.

EXMAR says that building on its nearshore barge-based FLNG concept, this second order will enable the company to offer a reliable and more cost-efficient LNG production facility to its customers compared to a land-based solution. The FLNG is scheduled to be completed in 2017.

Nicolas Saverys, CEO of EXMAR stated: “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. 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.”

Wison’s CEO Matt Cui added to that: “It is again an honour to receive this order from our strategic partner EXMAR, with whom we have already developed the Caribbean FLNG that is currently under construction. The Caribbean FLNG will come online off the Colombian coast in the second half of 2015.”

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