South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) has awarded a contract to Scana-owned Seasystems for the delivery of mooring equipment and analyses for two floating LNG storage units (FSUs)
“This is a major contract for us, and it once again confirms the leading expertise our engineers have in robust and cost-effective mooring systems,” said Seasystems managing director Torkjell Lisland.
Under the scope of the contract, Seasystems will deliver 72 hull brackets and chain stoppers. DSME will install these on two LNG FSUs under construction at the shipyard for Russian independent gas company Novatek. Production of hull brackets and chain stoppers is scheduled to begin in November. Deliveries to DSME will start in February 2021 and continue throughout the year. Formerly called Scana Offshore, Seasystems will also deliver the analyses required to have the mooring system approved in accordance with class requirements.
DSME signed a contract with Novatek worth US$748M to build the LNG FSUs for delivery in H2 2022. The contract contains options to build two others. Each of the giant
FSUs will have a capacity of 361,600 m3 and will be fitted with GTT’s NO96 GW membrane cryogenic containment system.
Each LNG barge will serve as a floating LNG storage terminal, receiving and storing cargoes transported by icebreaking Arc7 class LNG carriers from Russian LNG projects in the Arctic. Those cargoes will be offloaded to LNG carriers for transhipment to Europe or Asia.
One FSU will be located in the Murmansk region and the other in the Bay of Kamchatka as transhipment hubs for Novatek’s Arctic LNG 2 project.
Seasystems’ mooring system for the project is based on technology the company already supplies to the aquaculture industry, floating wind power and the oil industry.
“The contract shows that even though we are a small company, we offer technological product solutions that are attractive to a wide range of market segments,” said Mr Lisland. “This confirms once again that we can achieve our strategic goals through hard work and good partners,” he said. He cited Front Energy, a company based in Arendal, as an important ally in securing the agreement with DSME.
“The transition to green energy takes time,” said Mr Lisland, noting “many consider gas as an intermediate phase, and naturally it is gratifying for us to win contracts in the LNG segment while waiting for the green shift to really pick up speed.”
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