Sembcorp Marine clinches FLNG conversion gig from New Fortress

Singapore’s Sembcorp Marine has secured a contract from US LNG firm New Fortress Energy to convert two Sevan drilling vessels into floating liquefaction facilities.

Sembcorp Marine said its unit Sembcorp Marine Rigs & Floaters has entered into master service agreements with NFE affiliates for the engineering and conversion of two Sevan cylindrical drilling vessels to FLNG liquefaction facilities, including the fabrication and integration of LNG topside modules.

The firm, which earlier this year signed a definitive merger deal with Keppel Offshore & Marine, expects to deliver the hull conversion and fabrication of topsides for the first FLNG liquefaction in the first half of 2024 through the work engagement contract.

“Work on the second FLNG liquefaction facility project is expected to be contracted through further work engagement contracts to Sembcorp Marine at a later date,” it said.

Sembcorp Marine did not reveal the price tag of the contract.

The two liquefaction units will host the NFE-designed Fast LNG liquefaction production facility with a capacity of approximately 1.4 mtpa.

A separate LNG tanker moored near the FLNG liquefaction facility would store LNG produced at the facility.

While NFE currently has Fast LNG liquefaction facilities on jack-up rigs under construction in the US, this marks the first set of two Sevan cylindrical hulls that would become FLNG liquefaction facilities, according to Sembcorp Marine.

Wes Edens-led NFE plans to install up to eight floating liquefaction facilities each with a capacity of about 1.4 mtpa in the US Gulf of Mexico using its “Fast LNG” liquefaction design that incorporates modular, midsize liquefaction technology with jack up rigs or similar offshore infrastructure.

NFE previously awarded FLNG contracts to Fluor and ECONNECT Energy as well.

Most Popular

Atlantic LNG shipping rates down, Pacific rates climb

Atlantic spot LNG shipping rates dropped this week, while Pacific rates rose compared to the week before, according to Spark Commodities.

Cheniere nears launch of seventh Corpus Christi expansion train

US LNG exporter Cheniere is close to launching the seventh and final train of the Corpus Christi Stage 3 expansion project in Texas.

Vietnam’s Cai Mep LNG terminal starts gas deliveries to Phu My power complex

Nebula Energy’s AG&P LNG has started delivering natural gas from Vietnam's Cai Mep liquefied natural gas (LNG) import terminal to the 900 MW Phu My 2.1 and 2.1E power plants operated by EVNGENCO3.
spot_img

More News Like This

NFE says UK court approves restructuring plan

US LNG player New Fortress Energy said that a UK court approved its previously announced restructuring plan.

NFE gets strong support for $5.8 billion restructuring plan

US LNG player New Fortress Energy said it had received "strong indications" of support from its stakeholders for the previously announced $5.8 billion UK restructuring plan.

NFE seals long-term deal for Brazilian LNG terminal

US LNG firm New Fortress Energy said on Tuesday that its Brazil platform has signed a long-term lease and capacity agreement for the FSRU-based LNG import terminal in Santa Catarina, Brazil.

NFE inks restructuring support deal

US LNG player New Fortress Energy said it had entered into a restructuring support agreement with its creditors as part of a consensual UK restructuring plan, in what is expected to be one of the largest consensual UK RP restructuring transactions ever completed. NFE will also separate its Brazilian operations into an independent, standalone energy platform.