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According to a Wison statement on Wednesday, the two firms signed a strategic frame agreement during the Gastech event in Houston, Texas.
This deal sets the foundation for a long-term partnership aimed at enhancing the efficiency and quality of LNG projects, Wison said.
It includes a comprehensive set of technical specifications and a contract template with standardized terms and conditions for Chart’s cold boxes, which are crucial for the liquefaction process in LNG facilities.
Wison said this would streamline the procurement and deployment of these cold boxes into its FLNG and onshore LNG projects.
“This partnership is set to deliver significant value by combining Wison’s expertise in engineering, procurement, construction, installation, and commissioning (EPCIC) solutions with Chart’s integrated pre-cooled single mixed refrigerant (IPSMR) process technology,” the company said.
Wison and Chart have already successfully collaborated on multiple FLNG projects including Eni’s Congo FLNG and Genting Oil & Gas FLNG, Wison added.
Three FLNGs
Wison recently announced it will build a new yard for offshore facilities in Qidong.
The company and the Qidong municipal government of the Jiangsu province signed an investment agreement on August 1 for WNE’s new yard in Qidong Lusi Port Economic Development Zone.
This new move followed Wison’s cooperation deal with Zhoushan CIMC Changhong Shipyard and its announcement saying that it would discontinue all ongoing Russian projects and that it would stop taking any new Russian business.
At the same time, Wison said it had decided to sell its entire equity interest in Zhoushan Wison Offshore & Marine.
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 work 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.