Wison Offshore & Marine (Wison) has won a contract for the delivery of a second Floating LNG Liquefaction Unit (FLNG) from EXMAR NV (EXMAR). Under the contract, Wison also grants EXMAR an option to order two additional FLNG’s.
Under the agreement with EXMAR, Wison will be responsible for the turnkey engineering, procurement, construction, 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 wholly-owned and operated fabrication facility in Nantong, China, where also the construction of the world’s first FLNG is nearing its completion.
Building on the near shore barge based FLNG concept, this second FLNG will make it possible for EXMAR to offer a reliable & more cost-efficient LNG production facility to its customers compared to a land-based solution. The FLNG is scheduled to be completed in 2017, which is also one of the several strong competitive advantages of such concept as it will allow faster monetization of existing gas reserves