Keppel and Golar to finalise contract for second Moss LNG carrier conversion

4 September 2014 (Last Updated September 4th, 2014 18:30)

Keppel Offshore & Marine's subsidiary Keppel Shipyard is set to finalise a contract with Golar Gimi for the conversion of a second Moss LNG carrier, the GIMI, into a floating liquefaction vessel (FLNGV).

Keppel Offshore & Marine’s subsidiary Keppel Shipyard is set to finalise a contract with Golar Gimi for the conversion of a second Moss LNG carrier, the GIMI, into a floating liquefaction vessel (FLNGV).

The yet to be confirmed contract comes several months after Keppel Shipyard signed a contract with Golar Hilli to convert the Hilli Moss LNG carrier into an FLNGV.

This potential contract for the conversion of GIMI is part of the two optional units in the previously existing contract.

Keppel will perform the design, detailed engineering and procurement of the marine systems and all of the conversion-related construction services for the conversion of GIMI.

"This advanced discussion…is testament to the industry’s positive reception to FLNGV conversion solutions and its potential to bring small and mid-scale LNG to market."

Keppel O&M Marine & Technology managing director Michael Chia said: "We look forward to the opportunity to collaborate once again with Black & Veatch, our trusted partner for the first conversion, on this potential second project.

"This advanced discussion for the conversion of the GIMI, which follows just two months after the first firm contract with Golar Hilli, is testament to the industry’s positive reception to FLNGV conversion solutions and its potential to bring small and mid-scale liquefied natural gas (LNG) to market, ahead of other competing solutions."

The shipyard may seek the assistance of Black & Veatch to provide design, procurement and commissioning support services for the topsides and liquefaction process as well as its PRICO technology.

The contract is expected to be confirmed by next month and the construction works will probably commence in January 2015.