Nikkiso Clean Energy & Industrial Gases Group (Nikkiso CE&IG) announced it has secured a significant contract to provide 12 bespoke cryogenic submerged pumps to be installed on three LNG carriers which are being converted into floating storage and regasification units (FSRUs).
The agreement, signed with a major European engineering, procurement and construction firm, is for submerged centrifugal high-pressure pumps which will transfer the LNG within the FSRU to the regasification system. All 12 pumps will be manufactured by Nikkiso’s teams in North America before shipment to Asia for installation on the vessels.
FSRUs store LNG offshore, acting as a floating tank for the molecule in its liquid form before it is regasified and piped onshore for use in power generation, heating, or industrial applications. They offer greater flexibility than building land-based terminals, as well as being more cost-effective and faster to deploy – as a result, the FSRU market is forecast to grow in response to the anticipated record increase in LNG production capacity in the coming years. In response, Nikkiso CE&IG has also opened a new office in Hamburg, Germany focused on supporting the Marine market.