SEOUL, Jan. 2 (Korea Bizwire) — Samsung Heavy Industries Co., the world’s third-biggest shipbuilder by orders, said Tuesday it has received a US$1.5 billion order to build a floating liquefied natural gas (FLNG) facility in North America. Samsung Heavy formed a consortium with U.S. engineering company Black & Veatch to sign an engineering, procurement and [...]
SEOUL, May 3 (Korea Bizwire) — South Korean shipyard Samsung Heavy Industries Co. has successfully developed a new floating liquefied natural gas (FLNG) facility model with shorter delivery times. The company announced on Tuesday it obtained a certification for its FLNG facility model from DNV, a Norwegian ship quality assurance and risk management company, at [...]
SEOUL, Nov. 15 (Korea Bizwire) — President Moon Jae-in on Monday attended a christening ceremony for a floating liquefied natural gas (FLNG) facility set to head to Mozambique, saying the platform will expand energy cooperation between the two nations. The christening ceremony of the Coral-Sul floating facility came about four years after Samsung Heavy Industries [...]
SEOUL, Oct. 21 (Korea Bizwire) — Daewoo Shipbuilding & Marine Engineering Co. said Wednesday it has won approval for its design for its upgraded floating liquefied natural gas (LNG) facility from ABS, a U.S. ship quality assurance and risk management company. The approval in principle for Daewoo Shipbuilder’s design for the LNG offshore facility by [...]
OVERLAND PARK, Kan., Apr. 30 (Korea Bizwire) — Black & Veatch’s patented PRICO® technology and engineering and procurement capabilities are expected to play another major role in floating liquefied natural gas (FLNG) technology, this time for BP’s field development in West Africa. Known for its competitive performance in FLNG developments, Black & Veatch is teaming [...]
SEOUL, Korea, Mar 7 (Korea Bizwire) – Samsung Heavy Industries won on February 14 a deal to build a floating liquid natural gas (FLNG) ship for Malaysia’s state-run oil company Petronas at the cost of US$1.47 billion. Given most container ships cost about $200 million apiece, this is more than seven times more expensive. Including [...]