Samsung Heavy Industries bags $4.7B order for three FLNG units

South Korea’s Samsung Heavy Industries has said that it has won an order to build three Floating LNG facilities.

According to the shipyard, the order, by Shell, is worth around $4.7 billion, the amount reflecting hull construction only, without the topsides included. The topsides award is expected in 2016.

Offshore Energy Today has learned from industry sources the orders are related to the Woodside-operated Browse LNG development, offshore Western Australia.

We have contacted Shell, as they were named by Samsung as the client, but a Shell spokesperson reverted us to Woodside.

Woodside, based in Perth, Australia, did not reply to an e-mail sent by Offshore Energy Today after business hours local time. We will update the article should we get a reply.

The Browse FLNG Development concept is based on three FLNG facilities utilising Shell’s FLNG technology to commercialize the Brecknock, Calliance and Torosa fields, offshore Australia.

Woodside, which this week said the project is entering the FEED phase, is targeting a Final Investment Decision on the proposed development in 2H 2016.

Offshore Energy Today Staff