Petronas: steel cut for third FLNG in South Korea

South Korea’s Samsung Heavy Industries has officially started building the third floating LNG production unit for Malaysian energy giant Petronas.

The shipbuilder held a steel-cutting ceremony for the FLNG at its yard in Geoje, according to a statement by Petronas issued on Monday.

Pertonas said this event marks the beginning of the construction phase of the project, which will become Malaysia’s first nearshore FLNG facility once in operation.

This third FLNG facility is designed to produce up to 2 million tonnes per annum (MTPA) of LNG and is targeted to start commercial operations by the second half of 2027.

Upon completion, the nearshore FLNG will be moored at the Sipitang Oil and Gas Industrial Park (SOGIP) in Sabah.

Japan’s JGC confirmed in January last year it had won the contract with SHI to build the FLNG for Petronas.

SHI and JGC already built the second FLNG, PFLNG Dua, for the Malaysian firm.

The nearshore LNG plant will increase Petronas’ LNG production from floating LNG facilities from 2.7 mtpa to 4.7 mtpa.

Currently, Petronas operates two floating LNG facilities, namely the 1.2 mtpa PFLNG Satu as well as the 1.5 mtpa PFLNG Dua, both located offshore Sabah.

Petronas delivered 38 LNG cargoes from these two floating LNG producers during 2023, down by 5 cargoes compared to 2022.

The company is currently also working with Argentina’s state-owned oil and gas company YPF on their planned Argentina LNG export project, which includes FLNG units.

YPF recently launched a tender for engineering work for the FLNG units.

Most Popular

South Korea’s Posco says first LNG carrier to start ops in H2

Posco International, a unit of South Korean steel producer Posco, plans to start shipping LNG with its first dedicated LNG carrier in the second half of this year.

Canada’s Cedar LNG names FLNG

Canada’s Cedar LNG, a joint venture of Canada’s Pembina Pipeline and the Haisla Nation, has picked a name for its floating LNG facility, which will be located in the traditional territory of the Haisla Nation, on Canada’s West Coast.

Wilhelmshaven LNG jetty ready to welcome Excelerate’s FSRU

Dutch marine contractor Van Oord announced on Monday it had completed the new jetty for its client, state-owned LNG...

More News Like This

Eni launches production at Indonesian gas field

Italy's Eni has started gas production from the Merakes East field, in the Kutei basin, offshore Indonesia, which will supply both the domestic market and Pertamina’s Bontang LNG facility in East Kalimantan.

Samsung Heavy develops new FLNG concept

South Korean shipbuilding giant Samsung Heavy Industries has received approvals from three classification societies for its new multi-purpose FLNG concept.

Hyundai E&C, Itochu ink LNG pact

South Korea’s Hyundai Engineering & Construction and Japan's trader Itochu have signed a memorandum of understanding to collaborate in several areas, including LNG.

Wison scores Suriname FLNG gig

China’s Wison New Energies has signed a detailed feasibility study deal for a newbuild floating liquefied natural gas (FLNG) facility in Suriname's offshore Block 52.