Hamworthy Gets LNG Regasification Contract (Malaysia)

 

Hamworthy, a world leader in the design and manufacture of innovative marine and offshore fluid handling systems, announced that it has signed a contract with Perunding Ranhill Worley – Muhibbah Consortium to supply a liquid natural gas regasification system with a value in excess of £20 million. The regasification system is scheduled for delivery in early 2012.

The technology used is similar to Hamworthy’s previous ship-based regasification contracts, but will be installed on a fixed jetty situated off the coast of Malaysia.

Joe Oatley, Chief Executive of Hamworthy, said:We have witnessed an increase in demand for LNG regasification facilities in the Far East as the demand for energy increases in this region. This contract award confirms Hamworthy’s position as a leading provider of compact and fast-track LNG regasification solutions.

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Source: Hamworthy, March 21, 2011;