Tech firms jostle for a slice of the FLNG pie
BHGE, Black and Veatch, TechnipFMC and a host of other firms are honing their FLNG products
The long-awaited flowering of the floating liquefied natural gas (FLNG) sector has finally arrived. This has triggered a rush among technology firms to establish themselves as suppliers of choice to projects that could underpin their earnings for years to come. Early industry front runners such as Petronas' PFLNG Satu and Shell's Prelude facilities were designed by in-house teams led by the field operators. But several FLNG projects slated for coming years look set to use lower-cost facilities supplied by specialist plant developers, using generic, easily replicable and scalable components. Technology firms hope that by winning early contracts for these mini-production lines, they'll be well
Also in this section
21 February 2025
While large-scale planned LNG schemes in sub-Saharan Africa have faced fresh problems, FLNG projects are stepping into that space
20 February 2025
Greater social mobility means increased global demand for refined fuels and petrochemical products, with Asia leading the way in the expansion of refining capacity
19 February 2025
The EU would do well to ease its gas storage requirements to avoid heavy purchase costs this summer, with the targets having created market distortion while giving sellers a significant advantage over buyers
18 February 2025
Deliveries to China decline by around 1m b/d from move to curb crude exports to Shandong port, putting Iran under further economic pressure
