FLNGFloating Liquefied Natural Gas
FLNGFlorida National Guard
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References in periodicals archive ?
FLNG helps mitigate siting constraints that shore-based infrastructure may face.
And re-usability helped too -- when a field's reserves were depleted, an FLNG facility could simply be moved somewhere else.
- Workshop B: Legal and commercial issues affecting the FLNG industry.
These are some of the findings from Douglas Westwood's (DW) latest World FLNG Market Forecast with global FLNG Capex expected to total $41.6 billion (bn) during 2016-2022, compared with $11.4bn 2011-2015 -- an increase of 264%.
FLNG is a revolutionary method of natural gas production that promises to improve the viability of smaller, more remote or environmentallysensitive fields that would otherwise be too costly or difficult to develop.
"Nearly $800mln to $1bln will be invested by the foreigners to produce FLNG," Kardor told FNA on Sunday.
"Drydocks World has delivered five modules for the Shell FLNG turret mooring system and delivery of module 5 represents the completion of the crown jewel of this project, with the turret being the heart of the Prelude FLNG.
"By changing the focus from maximum efficiency to maximum reliability, and selecting robust processing options with built-in redundancy, we were able to develop a solution that ensures production levels and boosts the economic viability of FLNG projects," she adds.
The two forerunners of this new type of floating gas plant are Shell's Prelude, a 488m long behemoth that will be used in the North Sea and Petronas' FLNG Satu, which will be used off the coast of Malaysia.
Building on EXMAR's nearshore barge-based FLNG concept this second order will enable EXMAR to offer a reliable and more cost-efficient LNG production facility to its customers compared to a land-based solution.
Drydocks World Dubai is privileged to be working with SBM Offshore, Technip and Shell on such a vital element of the Prelude FLNG project.