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

Venture Global eyes FID on second CP2 phase in 2026

US LNG exporter Venture Global LNG expects to make a final investment decision on the second phase of its CP2 LNG project in Louisiana in 2026, according to CEO Mike Sabel.

REV LNG fuels Siem’s LNG-powered car carriers

US liquefied natural gas supplier REV LNG has partnered with Siem Car Carriers to supply LNG to the latter's LNG-powered pure car and truck carriers in the US Northeast.

PV Gas seeks new spot LNG shipment

Petrovietnam Gas, a unit of state-owned Petrovietnam, is seeking another spot LNG cargo for delivery to the Thi Vai LNG import terminal.

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...