DSME Cuts Steel for PETRONAS’ FLNG Facility, South Korea

Daewoo Shipbuilding & Marine Engineering (DSME) has held the steel cutting ceremony for PETRONAS’ first floating liquefied natural gas (FLNG) facility, destined for the Kanowit field offshore Sarawak, Malaysia.

The ceremony was led by PETRONAS’ President and Group CEO, Tan Sri Dato’ Shamsul Azhar Abbas and was jointly hosted by Technip’s President & CEO Mr. Thierry Pilenko and DSME’s President & CEO Mr. Jaeho Ko.

The 300 meter-long and 60 meter-wide FLNG facility will have the capacity to produce 1.2 mtpa of LNG per year and is expected to be the world’s first floating liquefaction unit in operation when completed by end 2015.

Once operational, the facility is expected to change the landscape of the LNG business where the liquefaction, production and offloading processes of LNG, previously only possible at onshore plants are now able to be carried out hundreds of kilometres away from land and closer to offshore gas sources.

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Shipbuilding Tribune Staff, June 25, 2013