Bestobell Marine Awarded Contract for Yamal LNG Project

Source: 5/28/2014, Location: Asia

Bestobell Marine has secured a major new order for cryogenic globe, check and the unique FLIV valve with South Korean shipbuilding company DSME.

The order is for a complete ship set of globe and check cargo valves to be installed on the first LNGC vessel, that is part of a larger series of 16 vessels, and that will be built for the widely publicized Yamal LNG project, under construction in Siberian Russia. Three shipowners have been selected to own and operate the vessels needed for the project. They are Sovcomflot (SCF); Teekay and Mitsui OSK Line (MOL), and the vessel orders will be split 6+4+6 between the three companies. Bestobell is well placed to secure contracts with DSME to supply the cryogenic globe and check valves for all 16 vessels.

Mark Henley, Managing Director for Bestobell said: “This order has the potential to be a major game-changer for us and will see us significantly increase the Bestobell Marine side of the business in the future. Russia is a relatively new area for Bestobell Marine, but one where we see huge potential in developing new business opportunities using our expertise in valves for LNG carriers.”

The ARC7 ice-class LNG carriers will enable year round deliveries of LNG and will be designed for ambient temperatures, down to minus 50°C and independent navigation in ice more than 2.1 meters thick.

The Yamal LNG project is one of the largest industrial projects in the Arctic, which will eventually involve the drilling of more than 200 wells, the construction of three LNG trains, each with a capacity of 5.5 million tonnes per year, plus an extensive gas terminal. It will also involve the commissioning of the 16 ice-breaker tankers (a world first), each able to transport 170,000 m³. The project is based in the estuary of the Ob River in the Russian Arctic, which is ice-bound nine months of the year. The project ensures production and marketing of these vast natural gas reserves and has involved the construction of a major new maritime route for transporting liquefied natural gas to Europe and Asia. The project is expected to produce 16.5 million tonnes of liquefied natural gas after 2018.

Bestobell Marine has a strong relationship with DSME, to which it has supplied valves for almost 50 new build vessels. The company’s innovative and unique FLIV valve is extremely popular with DSME, as the company recognised its ease of installation and small footprint on top of the cargo tanks.

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Related Categories: Barrels & Containers  Dish Ends  General  Glass Lined Tanks  Metal Pressure Vessels  Metal Tanks  Plastic Pressure Vessels  Plastic Tanks  Steel Plates  Vessels Internals 

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