FMC to provide LNG offloading systems to Flex LNG
2008.08.06 -
Contracts
FMC Technologies announced today that it has received an award from Samsung Heavy Industries Co., Ltd to supply its customer, Flex LNG, with four liquid natural gas (LNG) offloading systems. The order also includes an option for a fifth offloading system. Financial terms were not disclosed.
Each system includes three 16-inch offshore LNG offloading arms, equipped with FMC's patent pending enhanced-connection targeting system as well as a control system. All equipment will be manufactured at FMC's operation in Sens, France. Deliveries are scheduled for 2009 and 2010.
"We are proud to have been selected by Samsung and Flex LNG for this world-first offloading systems order for LNG floating production vessels," said Robert L. Potter, FMC Technologies' Senior Vice President of Energy Processing Systems. "This award follows our recent receipt of five purchase orders to apply the same technology to floating regasification vessels and exposed jetties or platforms. We believe that this is another vote of confidence from the emerging offshore LNG industry for our offshore loading system technology."
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Helix Energy Solutions (NYSE: HLX) announced today that it has received a Letter of Intent ("LOI") for the installation of the subsea infrastructure for the VIC/P44 Stage 2 Development project in the Otway Basin offshore Australia. Participants in the VIC/P44 permit are Santos Limited (Operator) 50%, Peedamullah Petroleum Pty Ltd (Australian Worldwide Exploration) 25% and Mitsui E&P Australia Pty Ltd. 25%.
Velosi Limited Velosi or the Group, a provider of asset integrity and HSE services to a number of major national and multinational oil and gas companies, is pleased to announce that it has been re-awarded a contract from Mobil Producing Nigeria, for the next three years with an option to extend for a further one year.
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