The FLNG vessel will be the second FLNG of the Golar MKII design, similar to the FLNG Esperanza currently under construction at CIMC Raffles. Significant synergies will be realized from building a repeat design and from having two units with overlapping construction at the same shipyard. As part of the EPC agreement with CIMC Raffles, Black & Veatch will provide its licensed PRICO® liquefaction technology, perform detailed engineering and process design, specify and procure topside equipment and provide commissioning support for the FLNG topsides and liquefaction process.
The ordering of the MK II FLNG strengthens Golar’s position as the market leading owner of FLNGs, increasing our controlled liquefaction capacity by about 40% to above 12 MTPA. Golar targets a long-term charter contract for the unit. Advanced commercial discussions for employment are in progress.
«We are pleased to announce the ordering of Golar’s 4th FLNG unit, and our second MKII FLNG with nameplate liquefaction capacity of 3.5MTPA. We believe this FLNG order, combining the world’s earliest available FLNG delivery and Golar’s market leading operational track record, is well positioned to provide prospective clients with an attractive gas monetization solution, whilst driving value for Golar. We look forward to expanding our relationship with partners CIMC Raffles and Black & Veatch towards another successful FLNG project», said Golar CEO, Karl Fredrik Staubo.
«We are very pleased and honored to be selected by Golar for the second MKII FLNG project. Golar’s decision to place a repeat order with CIMC Raffles while the first MKII FLNG is still under construction demonstrates the strong confidence in our engineering, construction and project execution capabilities, as well as the strength of our partnership», commented Wang Jianzhong, CEO and President of CIMC Raffles.
Yantai CIMC Raffles Offshore Limited, formerly known as Yantai Shipyard, is a subsidiary company of CIMC Group. Currently, CIMC Raffles has five Offshore and Marine Engineering centers located in Yantai, Shenzhen, Shanghai, Norway and Sweden and three construction bases located in Yantai, Haiyang, and Longkou.
The main business of CIMC Raffles includes the design, construction, repair & conversion, and leasing of drilling rigs, production units, offshore supply vessels, ocean farming facilities, offshore wind vessels, etc., aiming to provide a turn-key solution to clients.
About Golar
Golar LNG is a NASDAQ listed maritime LNG infrastructure company. Through its 80-year history, the Company has pioneered maritime LNG infrastructure including the world's first Floating LNG liquefaction terminal (FLNG) and Floating Storage and Regasification Unit (FSRU) projects based on the conversion of existing LNG carriers.
Today Golar is a focused FLNG company, and the only proven provider of FLNG as a service. Golar owns the world’s largest fleet of FLNG units by annual liquefaction capacity, with a market leading operational track record.
