ABS wins Petronas classification deal

OE Staff
Monday, May 5, 2014

ABS has been awarded the classification contract from Petronas for the company's second floating LNG facility (PFLNG 2). The vessel will be built at the Samsung Heavy Industries yard in Geoje, Korea.

ABS has a history working with floating gas concepts, classing the first offshore LPG storage unit in the world in 1997 and the first LPG FPSO in 2005. ABS has awarded approval in principle (AIP) for ten floating LNG concepts and has performed pre-front-end engineering and design (FEED) and FEED work on a number of others.

As the selected class society for the PFLNG 2 unit, ABS will provide a comprehensive suite of technical services, including classification.

PFLNG 2, which is scheduled to see first gas production in early 2018, will be moored via an external turret on the deepwater Rotan gas field offshore Sabah, Malaysia. Designed to produce 1.5MM metric tons of LNG per year, the vessel is expected to operate on site for a minimum of 20 years without dry docking.

ABS Vice President for Global Gas Solutions Patrick Janssens views this as the first of many potential awards.

"The search for new energy reserves is seeing exploration activities shift to the type of remote offshore fields on which facilities like the PFLNG 2 are perfectly suited to operate," Janssens said. "With the growing demand for gas around the world, there will be a continued emphasis on FLNG-related technology, and ABS will continue to play a leading role."

The award to class this FLNG newbuild comes just months after the unveiling of the ABS Global Gas Solutions team, a multidisciplinary group of engineers formed to respond to the rapidly escalating number of gas-related projects, including LNG and LPG transportation, the use of LNG and LPG as fuel and the growing number of FLNG projects.

There currently are more than 150 floating oil and gas facilities in the ABS-classed fleet, the largest single market share of any classification society.

Categories: LNG Asia FLNG

Related Stories

China's Sinopec Laucnhes $690M Hydrogen Venture Capital Funds

China's Sinopec Laucnhes $690M Hydrogen Venture Capital Funds

Report: Gas Investments in Australia Stalling

Report: Gas Investments in Australia Stalling

ABS Greenlights SHI’s Multi-Purpose Deepwater LNG Floating Unit

ABS Greenlights SHI’s Multi-Purpose Deepwater LNG Floating Unit

Current News

Aker Solutions Awarded Contract for BalWin2 Offshore Wind Project

Nigeria Introduces Oil Tax Relief for Cost-Cutting Measures Implementation

Gazelle Secures Multi-Million Funding for Floating Wind Demo

OMV Exits Ghasha Gas Project off UAE with Lukoil Stake Sale

Subscribe for OE Digital E‑News

Offshore Engineer Magazine