ABS Bags FLNG Classification Contract from Petronas

ABS, a leading provider of classification and technical services to the global offshore industry, announced Monday that it has been awarded the classification contract from Petronas, Malaysia’s national oil company, for the company’s second floating LNG facility (PFLNG 2). The vessel will be built at the Samsung Heavy Industries yard in Geoje, South Korea.

“This is a very significant award for us,” says ABS Chairman and CEO Christopher J. Wiernicki. “It also is the natural next step for an organization that is widely recognized as the leader in the classification of offshore production units and LNG ships.”

ABS has a long history working with floating gas concepts, classing the first offshore LPG storage unit in the world in 1997 and the first LPG FPSO in 2005. ABS has awarded approval in principle (AIP) for ten floating LNG concepts and has performed pre-front-end engineering and design (FEED) and FEED work on a number of others.

As the selected class society for the PFLNG 2 unit, ABS will provide a comprehensive suite of technical services, including classification.

PFLNG 2, which is scheduled to see first gas production in early 2018, will be moored via an external turret on the deepwater Rotan gas field offshore Sabah, Malaysia. Designed to produce 1.5 million metric tons of LNG per year, the vessel is expected to operate on site for a minimum of 20 years without dry docking.

ABS Vice President for Global Gas Solutions Patrick Janssens views this as the first of many potential awards.

“The search for new energy reserves is seeing exploration activities shift to the type of remote offshore fields on which facilities like the PFLNG 2 are perfectly suited to operate,” Janssens says. “With the growing demand for gas around the world, there will be a continued emphasis on FLNG-related technology, and ABS will continue to play a leading role.”

The award to class this FLNG newbuild comes just months after the unveiling of the ABS Global Gas Solutions team, a multidisciplinary group of engineers formed to respond to the rapidly escalating number of gas-related projects, including LNG and LPG transportation, the use of LNG and LPG as fuel and the growing number of FLNG projects.

There currently are more than 150 floating oil and gas facilities in the ABS-classed fleet, the largest single market share of any classification society.


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

Most Popular Articles

From the Career Center
Jobs that may interest you
Branch Manager for Heavy Equipment Dealership in Mississippi
Expertise: Facilities Management|Mechanic
Location: Mississippi, United States, MS
Production Operator - Bladder Blade Separators/Manifolds Speci
Expertise: Mechanical Technician|Production Operator|Production Technologist
Location: Houston, TX
Commercial Engineering Analyst - Refinery
Expertise: Commercial Management|Refinery Specialist|Refinery Staff
Location: Baton Rouge, LA
search for more jobs

Brent Crude Oil : $51.78/BBL 0.77%
Light Crude Oil : $50.85/BBL 0.83%
Natural Gas : $2.99/MMBtu 4.77%
Updated in last 24 hours