PFLNG SATU - FLNG named with DNV GL class in Korea

A floating liquefied natural gas facility (FLNG), which is expected to be the world’s first in operation, has been named at a ceremony held by PETRONAS, together with strategic partners Daewoo Shipbuilding and Marine Engineering (DSME) and Technip at DSME shipyard in Okpo, South Korea. PFLNG SATU is the first FLNG ordered by Malaysia’s state-owned oil company Petronas and to be classed by DNV GL. After its delivery this spring, it will be deployed in the Kanowit gas field offshore Sarawak in Malaysia, where it is expected to produce up to 1.2 million tonnes of LNG every year.

Mr. Sung Leep Jung, President & CEO of DSME, in his speech said, “This ship is the perfect example of everything Daewoo has learned and every technology we have developed in the LNG sector since 1992. FLNGs are a new alternative that will change the existing game in the industry. This achievement, coupled with HSE record of 17 million hours of No Lost Time Injuries is indeed a significant feat for the partnership.”

“The PFLNG SATU is a testament to the engineering capabilities of PETRONAS and its partners signifying a breakthrough achievement not only for the company but also for Malaysia. Today, we have pushed the boundaries and turned our technological aspirations of having an LNG plant on a floating vessel into reality,” said Datuk Wan Zulkiflee Wan Ariffin, PETRONAS President and Group CEO in a press release issued by the company at the ceremony.

“We are very pleased to being part of this technical achievement and milestone as well as of the safe and successful completion of the project. This will add to the already long list of reference projects where DNV GL is in the forefront and moves the boundaries of proven technology,” added Tommy Bjørnsen, Regional Manager of Korea & Japan.

PFLNG SATU is 365 metres long and 60 metres wide, with a LNG tank capacity of 177000 m3, distributed into 8 tanks in dual row. The unit will be classed by DNV GL with the notation + OI Ship-shaped LNG Production and Storage Unit, POSMOOR, HELDK, COMF-V(2).

About DSME (Daewoo Shipbuilding & Marine Engineering)

Founded in 1973 at Okpo bay, South Korea, DSME is one of the world’s top shipbuilding and offshore contractors who is specialized in building various vessels, offshore & onshore plants, drilling rigs, FPSO/FPUs, submarines, and destroyers. It has the ship yard spans 4.3 million square meters of area in Okpo bay at Geoje and 40,000 employees globally. As of August 2015, the shipyard has built 1,228 vessels including offshore units.

About Petronas:

Petroliam Nasional Berhad (PETRONAS) is Malaysia’s fully integrated oil and gas multinational ranked among the largest corporations on FORTUNE Global 500®. It has a presence in more than 60 countries since it was first incorporated in 1974. The company is among the top five oil and gas companies (in terms of production) and the most profitable company in Asia. PETRONAS is steadily driving for new solutions and pushing boundaries to develop and add value to oil and gas resources in a manner that carefully balances commercial, environmental and social considerations.

For more information, log on to www.petronas.com

About DNV GL

Driven by its purpose of safeguarding life, property and the environment, DNV GL enables organizations to advance the safety and sustainability of their business. Operating in more than 100 countries, the company’s 15,000 professionals are dedicated to helping their customers in the maritime, oil & gas, energy and other industries to make the world safer, smarter and greener. For more information visit www.dnvgl.com/maritime