Wison Wins FEED Contract for FLNG Project
- Business & Finance
Wison Offshore & Marine and Western LNG have entered into a technical service agreement in relation to a new floating LNG project that Western is developing in British Columbia, Canada.
Pursuant to the TSA, Wison will develop the basis of design (BOD) and carry out front-end engineering design (FEED) for the proposed FLNG to be sited at the proposed facility.
Western has also agreed to the appointment of Wison as the EPC service provider for the floating liquefaction plant upon project FID.
Under the terms of the TSA, Wison will provide a FEED package utilizing its in-house design team and execution methodology that has been optimized based on the delivery of the Caribbean FLNG. The FEED is expected to be completed in less than 40 weeks after the BOD is finalized.
Last year, Wison Offshore & Marine delivered the Caribbean FLNG on an EPC basis after liquefaction performance testing for the facility in its yard in China.