Petronas Cuts First Steel for FLNG Facility

Malaysia's Petronas announced that construction of its first Floating Liquefied Natural Gas (FLNG) facility has begun following a steel cutting ceremony for the hull at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in Okpo, South Korea.

The steel cutting event signifies a major milestone for the project, the world’s first, to proceed to its construction phase to meet its commissioning schedule in 2015.

Petronas’ President and Group CEO Shamsul Azhar Abbas, Technip’s President and CEO Thierry Pilenko, and DSME’s President and CEO Jaeho Ko were present at the ceremony.

Petronas signed the engineering, procurement, construction, installation and commissioning contract for the project with the Technip and DSME consortium in June 2012.

The floating LNG facility will be located in Malaysia’s Kanowit gas field in Block SK306, 111.8 miles offshore Sarawak and will have the capacity to produce 1.2 million tons per annum of LNG.

"Once operational, the facility is expected to change the landscape of the LNG business where the liquefaction, production and offloading processes of LNG, previously only possible at onshore plants are now able to be carried out hundreds of kilometres away from land and closer to offshore gas sources," Petronas said in a media release.

"As such, the facility will also play a significant role in efforts to unlock the gas reserves in Malaysia’s remote and stranded fields currently deemed uneconomical to develop and evacuate."


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

Our Privacy Pledge

More from this Author
Chee Yew Cheang
APAC Editor | Rigzone
 -  Malaysia's InvestKL Woos Top Oil, Gas ... (Oct 6)
 -  Petrobangla Invites EOIs for 3 Offshor... (Sep 30)
 -  Malaysia's SapuraKencana Posts 7.1% Ga... (Sep 29)
 -  TH Heavy Engineering, McDermott End Pa... (Sep 26)
 -  Singapore's NUS Slowly Builds its Petr... (Sep 26)

Most Popular Articles

From the Career Center
Jobs that may interest you
Construction Site Manager
Expertise: Construction Manager
Location: Houston, TX
Static Equipment / LNG Tank Engineer
Expertise: Mechanical Engineering
Location: Houston, TX
ARAMCO QM20 Third Party Inspector
Expertise: Electrical Engineering|QA / QC / Inspection|Technical Writing
Location: Bolingbrook, IL
search for more jobs

Brent Crude Oil : $51.46/BBL 0.61%
Light Crude Oil : $50.52/BBL 0.64%
Natural Gas : $2.83/MMBtu 5.35%
Updated in last 24 hours