World’s first FLNG unit named in South Korea

World's first FLNG unit named in South KoreaMalaysian energy company Petronas has moved a step forward to deploying the world’s first Floating LNG (FLNG) unit.

Namely, the company has revealed that the naming ceremony for the PFLNG-1 unit, or Satu, as it is called, was being held on Friday, March 4, in South Korea.

“Today, we have pushed the boundaries and turned our technological aspirations of having an LNG plant on a floating vessel into reality,” said Datuk Wan Zulkiflee, President and CEO of Petronas.

The vessel, built in South Korea by Daewoo Shipbuilding Marine & Engineering (DSME), will be deployed at the Kanowit field offshore Sarawak, Malaysia.

The PFLNG-1 is 360 meters long and 60 meters wide and will be moored 180km from shore. It will produce 1.2 million tonnes a year (mtpa) of LNG.

Earlier this week, the Malaysian energy giant said it would cut its spending in 2016 which will impact the company’s current projects, including its second floating liquified natural gas unit, FLNG 2.

These cuts will impact some of our capital projects. At this point, we have taken the decision to re-phase the Petronas Floating LNG 2 project, to be commissioned at a later date than originally planned,” the CEO said on Monday.

To remind, the Malaysian energy company in October reached a milestone by laying the keel of its second Floating LNG unit, the Petronas FLNG 2 (PFLNG2). The PFLNG2 is also being built in South Korea, but at a different shipyard – Samsung Heavy Industries.

Once completed, the vessel will be used for the liquefaction, production and offloading processing of natural gas in the Rotan field, 130 kilometers offshore Sabah, Malaysia. The PFLNG2 will have a capacity of 1.5 million tonnes per annum (mtpa), and is designed for deep-water. The vessel was originally scheduled for delivery in 2018, but this will now be delayed.

Offshore Energy Today Staff

Share this article

Follow Offshore Energy Today

Events>

<< May 2018 >>
MTWTFSS
30 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 31 1 2 3

Annual Ghana Summit 2018

The 8th Annual Ghana Summit took place 22 – 23 June 2017 and was a huge success…

read more >

25th Anniversary International Caspian Oil & Gas Conference

In 2018, the largest oil and gas event in the Caspian Region – the Caspian Oil & Gas Exhibition and Conference Incorporating Refining…

read more >

7th Oil and Gas Kenya 2018 Products & Eqpt. Exhibition in Africa

The 07th Oil & Gas Africa – Int’l Trade Exhibition, 29 – 31 May, 2018, is a hub for key players in the oil and gas…

read more >

FPSO Brazil Congress 2018

This is the first and only conference dedicated to the entire lifecycle of the Brazilian FPSO industry…

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