The FEED study is being performed in cooperation with the following world class companies: Samsung Heavy Industries (SHI), Hamworthy Gas Systems, Det Norske Veritas (DNV), Dorchester Atlantic Marine Limited and Framo Engineering.
FLEX LNG LTD is a ship-owning company founded in 2006 with the purpose of commercializing the world's first floating LNG production units. The company has placed an order for two M-FLEX vessels at SHI, utilizing the Samsung SPB containment system with delivery from 2010 onwards.
The M-FLEX' SPB containment system, ship size, cargo capacity and provisions are ideal for cost efficient application in floating LNG production as well as in a number of other emerging LNG markets and trades.
Market potential for floating LNG production:
A significant number of gas fields are not commercially exploited today.
The M-FLEX LNG/P targets three natural gas sources:
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