Sevan Marine Acquires Technology for Offshore LNG Transfer

Sevan Marine ASA has acquired the technology rights of TORP LNG AS and its affiliates. This acquisition gives Sevan Marine ownership of the proprietary HiLoad technology for offshore loading of LNG (Liquefied Natural Gas).

The HiLoad technology was originally developed for offshore loading of crude oil and the technology rights related to loading of oil remains with Remora. The first HiLoad unit, owned by Teekay Offshore, is about to commence operations offshore Brazil.

Sevan Marine, best known for its cylindrical FPSOs, drilling units and lately accommodation rigs via Logitel Offshore, has developed a Floating LNG platform, FLNG, based on the cylindrical hull shape which eliminates the need for expensive turret and swivel solutions. Because of the extremely low temperature of LNG, minus 163 deg. C, offshore loading of LNG has been complicated and potential operators of FLNG units have been on the look- out for new, safe and cost efficient solutions. With the acquisition of TORP LNG, Sevan Marine intends to provide the market with such a solution for safe offshore transfer of LNG. A new Sevan Marine subsidiary, HiLoad LNG AS, has been incorporated and is offering the HiLoad technology for offshore LNG transfer as a stand-alone solution for any FLNG unit, or in combination with Sevan’s cylindrical FLNG unit.

 

Press Release, February 04, 2014

 

Share this article

Follow Offshore Energy Today

Events>

<< Apr 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 1 2 3 4 5

GeoConvention 2019

GeoConvention offers some of the best local and international insights to efficient energy exploration…

read more >

16th MOSCOW INTERNATIONAL OIL AND GAS EXHIBITION

The Moscow International Oil & Gas Exhibition display products like oil and gas products, oil and gas services…

read more >

Erbil International Oil & Gas Exhibition 2019

The event will be held at the Erbil International Fair Ground which is one of the largest energy related events in Iraq…

read more >

THE 24 th IRAN INTERNATIONAL OIL , GAS , REFINING & PETROCHEMICAL EXHIBITION

The second largest OPEC producer, Iran sits atop 11 percent of oil and 18 percent of gas…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply