Wison, KBR in PNG FLNG alliance
China’s Wison Offshore & Marine has signed a memorandum with KBR, Inc. for cooperation on a 1.5 MPTA Floating LNG liquefaction unit in Southeast Asia.
Wison on Tuesday said that both parties will associate and collaborate with each other on a mutually exclusive basis for the FLNG project of Kumul Petroleum Holdings Limited from Papua New Guinea.
Ying CUI, CEO of Wison Offshore & Marine said, “We’re looking forward to a fruitful cooperation between Wison and KBR. We’re confident that the combination of both parties’ strengths will create the best value for our clients by providing them with more cost-effective and quality solutions to lower the overall investment of FLNG project”.
Greg Conlon, KBR President, Asia Pacific said: “KBR is very pleased to be associated with Wison Offshore & Marine in developing a significant nation-building project for Papua New Guinea and looks forward to further strengthening our relationship with Wison.”
Apart from the KBR deal, Wison signed a strategic cooperation agreement with GTT last month. The two companies agreed cooperation on various LNG projects, such as LNG Carriers, LNG FSRUs (Floating Storage Regasification Units), FLNGs or other LNG floating units with GTT membrane tanks.