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Petronas makes FID for floating liquefaction off Sarawak

A second project to build floating natural gas liquefaction has received approval, as Malaysia’s Petronas reported a final investment decision (FID) for a 1.2 million tonne/year project for off Bintulu, Sarawak.

The plans, announced at the World Gas Conference in Kuala Lumpur, target 2015 for commissioning. Initial supplies for the vessel are planned from Kinawit field.

Almost simultaneously, Petronas Floating LNG 1 (Labuan) Ltd., a unit of Petronas, awarded Daewoo Shipbuilding & Marine Engineering (DSME) Co. Ltd., a Technip-Daewoo consortium, a services contract for engineering, procurement, construction, installation, and commissioning for the 300 m long, 60 m wide floating liquefaction structure.

In a press release, Technip said its portion of the contract consists of project management services and lump sum for engineering.

Detailed design of the topsides will be executed by Technip's operating centers in Kuala Lumpur and Paris. Engineering of the hull and building the vessel will take place at Daewoo's shipyard in Okpo, South Korea.

This contract follows the successful completion of the front-end engineering design phase awarded to TDC in December 2010.

Contact Warren R. True at warrent@ogjonline.com.


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