China’s FLNG builder Wison New Energies has signed a cooperation deal with Zhoushan CIMC Changhong Shipyard to build FLNGs and FSRUs.
According to a statement by Wison New Energies, previously known as Wison Offshore & Marine, the two firms signed the three-year strategic cooperation agreement in Shanghai on July 23.
CIMC Changhong, a unit of Zhoushan Changhong International Ship Repair, is a large-scale shipbuilding and offshore engineering company.
The company has six dry docks varying in dimensions from 240 to 510 meters long and 40 to 120 meters wide.
These facilities will further expand WNE’s production and construction scale, ensuring that the company can fulfill the demands of forthcoming contracts, Wison said.
“This enhancement will specifically boost Wison’s proficiency in fabricating large and mega-scale FLNG, FPSO, FSRUs, and other floating facilities,” it said.
Third FLNG
This new move follows Wison’s recent announcement saying that it will discontinue all ongoing Russian projects and that it will stop taking any new Russian business.
At the same time, Wison said it has decided to sell its entire equity interest in Zhoushan Wison Offshore & Marine.
Wison or any entity of Wison will not have any ownership in the new Zhoushan shareholding, the company said.
Wison’s announcement regarding the Russian business came one day after the firm secured a contract from a unit of Genting to build a floating LNG unit worth about $1 billion.
Following completion in 2026, the 1.2 mtpa FLNG will be installed in Indonesia.
This is Wison’s third FLNG contract, after contracts with Exmar and Eni.
Also, this will be the first FLNG facility in Indonesia and the ninth FLNG in the world, according to Wison.
Wison won a contract from Italy’s Eni in December 2022 to build a 380 meters long 2.4 mtpa FLNG and officially started work on the project in January last year.
The company in May completed the installation of all SPB tanks on the FLNG, which will serve the Marine XII offshore FLNG project in Congo.
