WE Tech wins contract for Shell-chartered LNG carriers

Finland’s WE Tech Solutions has won a contract to supply equipment to eighth liquefied natural gas carriers that will go on charter to LNG giant Shell.

The Finnish company says it will start supplying its equipment in February 2021.

Under the deal, WE Tech will supply two sets of direct drive permanent magnet shaft generators.

The deal also includes the delivery of variable speed frequency drives and dedicated power management system.

We Tech did not reveal any additional info regarding the contract.

Norway’s Knutsen, investors advised by J.P. Morgan Asset Management and Korea Line are the owners behind the order for the LNG tankers.

The deal includes an option for the construction of an additional six vessels.

South Korea’s Hyundai Heavy Industries and Hyundai Samho Heavy Industries are building the 174,000-cbm vessels that will feature dual-fuel X-DF propulsion.

The delivery of the vessels is scheduled to start from mid-2022.

- Advertisements -

Most Popular

MOL, Gaz-System seal Gdansk FSRU charter deal

Japan's shipping giant MOL has signed a long-term FSRU charter deal with Poland’s Gaz-System for the planned LNG import...

China’s CNOOC nears launch of six giant Binhai LNG tanks

China National Offshore Oil Company (CNOOC) said it had completed the main construction on the six giant LNG storage...

Avenir orders two large LNG bunkering vessels in China

UK-based small-scale LNG player Avenir has ordered two 20,000-cbm LNG bunkering and supply vessels at China's CIMC SOE. The joint...

More News Like This

Oman LNG delivered 173 cargoes last year, revenue reached $4.9 billion

State-owned Oman LNG delivered 173 cargoes of liquefied natural gas from its Qalhat complex in 2023, down by three...

Mitsui: no decision on Adnoc’s LNG project

Japan's trading house Mitsui & Co said nothing has been decided on an LNG project in the United Arab...

Shell launches largest bio-LNG plant in Germany

A unit of LNG giant Shell has launched what it says is the largest bio-LNG production plant in Germany. The...

Oman LNG inks 10-year SPA with Shell

State-owned producer Oman LNG has signed a 10-year sales and purchase agreement with a unit of LNG giant Shell. Under...