OPE To Perform Conceptual Engineering for LNG Offloading Hub

OPE Inc. has been selected by Crystal Energy to perform conceptual engineering for an LNG off-loading hub in the Santa Barbara Channel, offshore California.

The scope of work includes developing a floating dock system that will incorporate OPE's patented SSP moored buoy as a fendering system for approaching LNG tankers. The existing fixed offshore platform "Grace" will serve as the regasification point for incoming LNG. OPE anticipates an "Approval in Principle" by years' end, and will be ready to accept LNG by 2007.