Gulf Oil and Gas accountACCOUNT

Wison and Black & Veatch to Jointly Pursue Offshore LNG Projects

Source: www.gulfoilandgas.com 4/12/2013, Location: Asia

Shanghai-based Wison Offshore & Marine Ltd., a subsidiary of the Wison Group, announced the signing of a Memorandum of Understanding with Black & Veatch to jointly pursue barge-based natural gas liquefaction facility projects on an exclusive basis.

Under the agreement, Wison will hold responsibility for barge design and engineering, and overall project management, construction, delivery and financing of the integrated facility. Black & Veatch will provide the basic and detailed LNG plant designs, supply certain LNG equipment and components as well as provide commissioning services and process guarantees. The solution deploys Black & Veatch’s patented PRICO® liquefaction technology.

The agreement formalizes a relationship between the two parties developed through their collaboration on the delivery of the first floating LNG liquefaction, storage and regasification facility. Announced in June 2012, this unit is under construction at Wison’s fabrication facility in Nantong, China. The companies also signed an agreement earlier this year for plans to develop similar units for clients in other markets.

“We are finding that the relationship we established with Black & Veatch on the first floating LNG project has proven to be extremely synergistic,” said L. Dwayne Breaux, Executive Vice President for Wison Offshore & Marine, Ltd. “Formalizing this relationship paves the way for us to continue jointly developing these systems and capitalizing on the experience we have collectively gained from working on these ground-breaking projects.”

“The industry is awash with news about potential floating LNG facilities while we’re actively building the world’s first,” adds Robert Germinder, Vice President of Black & Veatch’s Oil & Gas business. “Demand for cleaner, alternative fuel sources is not slowing. With the right technology and approach, production of LNG at sea can become a commercial reality.”

LNG Processing News in China >>

Azerbaijan >>  3/13/2019 - Contract signature ceremony for the drilling services between Caspian Drilling Company Ltd. (CDC) and Norwegian Equinor Azerbaijan Karabakh BV (Equino...
Kazakhstan >>  3/12/2019 - KAZAJSC NC "KazMunayGas” and Eni Isatay B.V. signed the Joint Operating Agreement (JOA) and the Carry Agreement (CA) for the purpose of joint implemen...

Russia >>  3/5/2019 - Total announces that it has signed the definitive agreements with Novatek for the acquisition of a direct 10% interest in Arctic LNG 2, a major liquef...
China >>  2/22/2019 - Saudi Aramco signed an agreement to form a joint venture with NORINCO Group and Panjin Sincen to develop a fully integrated refining and petrochemical...

Related Categories: Deodorization system  Gas dehydration  Gas sweetening  Gas Treating  General  GTL Processing  LNG Processing  LPG Domestic use  LPG Odorless  Packing  Phase Separation  Scrubbers 

Related Articles: Gas dehydration  Gas sweetening  Gas Treating  General  GTL Processing  LNG Processing  LPG Domestic use  LPG Odorless  Packing  Phase Separation  Scrubbers 


China Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 |

More News

Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.