FLNG has come of age

摘要

FLNG is not just a technical but also a commercial breakthrough. It offers developers the option of leasing and of thus avoiding the high sunk costs of a capital project. Further shorter construction times will enable earlier revenue and improved cash flow. Leased units are currently offered by Exmar and Golar LNG but several leading oil FPSO leasing contractors (such as: SBM Offshore, BW Offshore, Bumi Armada, and MODEC) are actively looking to enter the FLNG market, which will increase competition. To summarize, FLNG has come of age and can be regarded as a valuable new field development tool in the gas field monetization process - not only for offshore fields, but onshore as well, using inshore or nearshore arrangements. OIES will be publishing paper number NG 107 in September 2016 titled 'Floating liquefaction (FLNG): potential for wider deployment'. This will provide a detailed technical and commercial review of the current FLNG offerings.