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Wison delivers world's first barge-based FSRU to Exmar

SHANGHAI, China — Wison Offshore & Marine announced that the company has completed final delivery of the world’s first barge-based floating LNG storage and re-gasification unit (FSRU) to Belgian company Exmar, who has also confirmed that long-term employment for the FSRU starting from mid-2018 has been secured. Further to successful delivery of the Caribbean FLNG in January 2017, this marks another key milestone for the cooperative relationship between Wison and Exmar.

Wison Fsru
Photo courtesy of Wison Offshore & Marine.

The FSRU barge constructed at Wison Nantong shipyard features an LNG storage capacity of 25,000 m³ and a re-gasification capacity of 600MMSCFD. It is the first ever FSRU project undertaken by a Chinese company on EPC basis. The project was executed with a quest for efficiency and openness to innovation. For instance, modularized approach shortened the schedule and lowered the risks associated in construction phase, while a dedicated cargo handling system for the SPB tanks has been developed.

This barge-based FSRU serves as a flexible LNG receiving solution which makes considerable reductions in CapEx and lead time possible for project developers. Wison is making firm progress in cementing its leading position in providing integrated solutions and project delivery services along LNG value chain. 


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FEATURED COLUMNS

Editorial comment
-Adrienne Blume
According to GIIGNL’s 2018 Annual Report, global LNG trade expanded by 3.5 Bft3d in 2018, to 38.2 Bft3d—a record 10% increase.
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Increasing public investment in gas-fired power plants in Africa, the continuing recovery in global oil prices and persistent insecurity in key producer markets, such as Nigeria, are likely to impact gas transmission pipeline projects on the continent, even as more international companies express interest in the region’s stranded gas resources.


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