Karpowership, Seatrium mark completion of seven-FSRU conversion programme

The two companies recently celebrated the naming and sailaway of the Floating Storage and Regasification Unit (FSRU) LNGT Türkiye, marking the completion of a conversion programme that began in 2018.

Since the delivery of LNGT Africa, Seatrium has successfully converted seven LNG carriers into FSRUs at its Admiralty Yard. The vessels comprise LNGT Africa, LNGT Asia, LNGT Europe, LNGT Antarctica, LNGT Americas, LNGT Oceania and LNGT Türkiye.

Supporting Karpowership’s integrated LNG-to-power value chain, the seven FSRUs will operate alongside its global powership fleet, supplying gas to floating power plants and supporting energy security and flexible grid access across four continents, the company said.

“These seven FSRUs play a vital role in our integrated LNG-to-Power value chain, feeding clean and reliable gas to the globe,” Karpowership assistant general manager for LNG investments and global shipbuilding Ersen Ayanoglu said.

“Having delivered over 90% of the world’s FSU and FSRU conversions, Seatrium combines deep engineering expertise, integrated yard capabilities and execution excellence to navigate complexity and deliver certainty for our customer,” Seatrium executive vice president of repairs and upgrades Alvin Gan said.

To date, Seatrium has successfully delivered 22 FSRU, FLNG and FSU conversion projects worldwide.

Last year, the two companies signed a letter of intent (LOI) covering the conversion of three LNG carriers into FSRUs, one of which has since materialised into a contract award for the LNGT Karadeniz conversion project. The LOI also includes the potential integration of up to six new-generation powerships.

Conversion work is currently underway on LNGT Karadeniz.

“Engineered to deliver up to 600M standard cubic feet per day (mmscfd) of regasification capacity across multi-pressure send-out systems, LNGT Karadeniz represents the next generation of high-capacity floating gas infrastructure,” the companies said.

Karpowership has also recently emerged as the new owner of 2006-built LNG carrier Arctic Voyager, which has since been renamed LNGTS Akdeniz.

In addition to its fleet of 45 Powerships, the company offers floating LNG solutions through a fleet of 11 LNG assets, including vessels already in operation and those in its pipeline, comprising FSRUs and LNG carriers.