Golar signs EPC deal for fourth FLNG vessel

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Golar signs EPC deal for fourth FLNG vessel
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Investing.com

Golar LNG has signed an engineering, procurement and construction agreement with Yantai CIMC Raffles Offshore to build its fourth floating LNG production vessel under a roughly $2.45 billion delivered-to-site budget. The FLNG will offer 3.5 million tonnes per annum liquefaction and is due from the shipyard by year-end 2029; a donor vessel has been secured. Black & Veatch will supply licensed PRICO liquefaction technology, detailed engineering and topside procurement and commissioning support. The order increases Golar's controlled liquefaction capacity by about 40% to above 12 million tonnes per year, and the company is pursuing a long-term charter with advanced commercial discussions underway.

Golar ordered a 3.5 Mtpa FLNG for $2.45 billion.

Context

Golar previously ordered the MKII design and is building FLNG Esperanza with CIMC…

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