Iran and Belgium have reportedly initiated talks for a possible floating LNG production unit off the Kharg Island in the Persian Gulf. According to a release found on the National Iranian Oil Company’s website, the issue was brought during Iranian Minister of Petroleum, Bijan Zangeneh‘s talks with B
There will be significant growth in both investment and activity in the FLNG market over the next seven years, with Douglas-Westwood, an energy intelligence group, forecasting total expenditure of $58.3 billion in its new market report. DW added that 61% of this spend is attributed to liquefaction i
Drydocks World, a Dubai-based company has completed what it claims to be the world’s largest turret mooring system. The system will be installed aboard the world’s largest FLNG unit, Shell’s Prelude. At almost 100 meters high, weighing over 11,000 tons and with a diameter of 26 meters, the turret wi
DNV GL has unveiled a new FLNG concept called Solitude, for which the company promises it could boost safety and reduce costs, as it would be unmanned. According to DNV GL, the concept demonstrates how technological advances – most of the technology already within reach — can be combined into a solu
Designed in Monaco, built in Dubai, shipped to South Korea and for use off Australia, the turret is an example of the truly global nature of this project.
The FLNG market is poised for increased investment and activity from 2014 to 2020, with Douglas-Westwood (DW) forecasting total expenditure of $64.4 billion (bn) in its new market report. Two-thirds of this spend is attributed to liquefaction infrastructure, with the remainder from import and regasi
Drydocks World, a UAE-based maritime service provider today announced that His Highness Sheikh Ahmed Bin Saeed Al Maktoum, President of Dubai Civil Aviation and Chairman of Emirates Group attended the ‘sail away’ ceremony to mark the start of delivery of the pioneering Prelude FLNG Turret Modules to
