Transborders, SBM sign FLNG pact

Australian independent Transborders Energy has signed a partnership deal with Dutch floating specialist SBM Offshore to develop FLNG projects.

The partnership will pursue the deployment of Transborders’ FLNG solution on a range of stranded offshore gas resource opportunities, the Australian company said on Monday.

The FLNG solution provides a pre-engineered 1.5 million tonne per year floating LNG facility.

The solution also includes a package of commercial arrangements and a regulatory approval execution plan to gas resource owners.

Under the new deal, Transborders has selected SBM Offshore as its exclusive operation and maintenance services contractor for its FLNG units.

The Dutch company will also be the exclusive contractor for the part of the FEED services and the EPC services related to the turret mooring and hull scopes of Transborders’ FLNG facilities.

To remind, Transborders has previously partnered with Kyushu Electric, Mitsui O.S.K. Lines, TechnipFMC, and Add Energy.

Together with its strategic partners, Transborders says it can convert a range of stranded gas resources into ‘project sanction (FID) ready’ state within 24 months after its FLNG deployment.

The company’s FLNG development work is also designated as a “major project” from the Australian government.

Most Popular

Glencore pens Chinese LNG supply deal

Switzerland-based energy trader Glencore has signed a long-term deal to supply liquefied natural gas (LNG) to a unit of China Suntien Green Energy.

Equinor seals long-term LNG SPA with Thailand’s PTT

Norwegian energy firm Equinor has signed a long-term LNG sales and purchase agreement with a unit of Thailand’s PTT.

Wison to work on FLNG solutions with Bumi Armada and FPSO Ventures

Chinese FLNG builder Wison New Energies is joining forces with Malaysia's Bumi Armada and FPSO Ventures to jointly advance lease-and-operate solutions for the FLNG market.

More News Like This

Australia’s Buru examines LNG option for Rafael gas development

Australia's Buru Energy has joined forces with compatriot Transborders Energy to study using the latter's floating LNG solution to...