Wärtsilä in five-year Golar LNG deal

April 8, 2015

Wärtsilä signed a five-year technical management agreement with Golar Management Oslo for delivery of services to Golar LNG - one of the largest independent owners and operators of liquefied natural gas (LNG) carriers in the world.

The Golar LNG vessel. From Wärtsilä.
 

The service agreement includes remote monitoring of engines, maintenance planning, advisory services, and guaranteed availability of personnel as well as spare parts.

In addition to planning and consultation services, the technical management agreement includes a condition-based maintenance (CBM) system that supports in optimizing the performance of the installed equipment. The system allows Wärtsilä's specialists to monitor and analyze various parameters, enabling Wärtsilä to plan and perform the maintenance activities needed in relation to the engines' lifecycle and condition. This enables predictive maintenance while maximizing uptime and reducing operating costs.

Golar LNG operates a fleet of 13 vessels, dedicated to both LNG transportation and midstream floating solutions. The company developed the world's first floating storage and regasification units (FSRUs) based on the conversion of existing LNG carriers. Golar's LNG carriers and FSRUs are all equipped with Wärtsilä engines, the number of engines totaling at 52. This cooperation prompted Golar LNG to turn to Wärtsilä for asset performance optimization concepts and solutions as well.

"One of Golar LNG's strategic assets is our operational excellence. We want to maintain the highest standards for safety and reliability. This closer cooperation with Wärtsilä helps us to avoid unnecessary downtime and to keep our fleet in top condition at all times," says Rolid, Golar LNG fleet manager.



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