To unlock new energy resources off shore and to revolutionize the way natural gas resources are developed, without the need to lay pipelines and build processing plants on land.
Floating liquefied natural gas (FLNG) technology is designed to overcome challenges of geographic, technical and economic limitations of deep sea oil fields. It is complementary to conventional onshore Liquified Natural Gas (LNG) as it helps accelerate the development of gas resources to meet the world’s growing demand. FLNG technology makes the production, liquefaction and storage of natural gas possible at sea. LNG is transferred directly from the floating facility to specific carriers, for convenient shipping to countries around in the world. Aboard an FLNG facility, natural gas produced from underwater fields is processed and chilled to -162° Celsius (-260° Fahrenheit). This shrinks its volume by 600 times to create LNG. The advanced design of facility’s on-board LNG plant packs a typical land-based LNG plant into a fraction of its normal size. A significant challenge for floating offshore LNG terminal design is to determine the relevance and applicability of experience and technology used in related industries.
FLNG is an alternative to LNG, it reduces cost, the problems of land acquisition, permissions, environmental safety, security concerns and public opposition. Its reduces lag in scheduled deliveries.