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June 5, 2012

Wison Offshore to deliver floating LNG storage unit to Exmar

Shanghai-based Wison Offshore & Marine, a subsidiary of the Wison Group, has been awarded a contract by the Exmar group for the engineering, procurement, construction, installation and commissioning (EPCIC) of a floating LNG liquefaction, regasification and storage unit (FLRSU).

By admin-demo

Shanghai-based Wison Offshore & Marine, a subsidiary of the Wison Group, has been awarded a contract by the Exmar group for the engineering, procurement, construction, installation and commissioning (EPCIC) of a floating LNG liquefaction, regasification and storage unit (FLRSU).

"Wison Offshore & Marine will design and engineer the unit from its Shanghai operational centre, and perform construction at its facility located in Nantong."

Under a build, own and operate contract with Pacific Rubiales Energy, Exmar will use the facility comprising of a non-propelled barge, located on the Caribbean coast offshore of Colombia, to convert 69.5 million scf/d of natural gas into LNG (+/- 500,000 tons of LNG per annum).

The company will temporarily store the LNG in onboard tanks with a total capacity of 14,000 cubic metres, and subsequently offload it either to shuttle tankers or a permanently-moored floating storage unit.

A pipeline from the onshore La Creciente field, located in the Lower Magdalena Valley Basin, will supply gas to the facility, which will be moored to a jetty.

Nicolas Saverys, Exmar CEO, said signing the EPCIC contract with Wison confirms that the world’s first floating liquefaction unit moves from concept development into a firm turnkey contract.

"Exmar is very proud to join forces with Wison Offshore & Marine to deliver a successful product to our strategic partner, Pacific Rubiales Energy," Saverys added.

Wison Offshore & Marine will design and engineer the unit from its Shanghai operational centre, and perform construction work at its wholly-owned fabrication facility located in Nantong, China, supported by the company’s subsidiary in Houston, Texas, in the US.

The company has contracted Black & Veatch to execute the engineering and procurement of the topside liquefaction equipment and packages using its patented PRICO LNG technology, in addition to on-site commissioning and start-up services.

Completed FLRSU construction and design will comply with the rules and regulations of an internationally recognised Classification Society.

Wison Offshore & Marine executive vice president L. Dwayne Breaux said: "Wison has been actively looking for the chance to be involved in the burgeoning LNG market for some time, and to be able to provide a project of this significance cements our role as a premier EPCIC provider for that market and the offshore industry as a whole."

Wison said the floating unit is expected to start operations in the fourth quarter of 2014.

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