28-29 June 2011. Organized by IQPC Worldwide Pte Ltd.
Location: Singapore ParkRoyal on Beach Road Hotel
Organizer: IQPC Worldwide Pte Ltd.
Tel: 0065 6722 9388
FLNG has the potential to unlock significant reserves of stranded natural gas – provided challenges to its development, implementation and operation are successfully cleared. The recent surge in FLNG projects’ development post the global economic meltdown is not something that the energy market can ignore.
Gas Processing: LNG Processing
Who is winning the Race for the first FLNG?
• Technip, in a consortium with Daewoo Shipbuilding & Marine Engineering Co. Ltd., has been awarded by Petroliam Nasional Berhad (PETRONAS) and MISC Berhad a front-end engineering and design contract for a floating liquefied natural gas (FLNG) unit. February 2011
• France’s GDF Suez has awarded a pre-front end engineering and design contract to KBR subsidiary Granherne for work on Santos’ Bonaparte floating liquefied natural gas project. January 2011
• Indonesia clears Inpex’s scaled-down Abadi FLNG scheme December 2010
• Shell signed two contracts with the Technip and Samsung Heavy Industries consortium for the Prelude floating liquefied natural gas (LNG) project off the coast of Western Australia. March 2010
In fact a recent market report states "stellar growth,” particularly in Asia. The report projects that FLNG expenditure will total $23 billion (£13.8 billion) between 2010 and 2016.
Energy IQ and FLNG
Energy IQ foresaw the FLNG market well in advance. Being associated with the FLNG industry for the past four years, Energy IQ pioneered the first full fledged FLNG discussion four years back. The industry has grown since then and so has the focus of our discussion.
The previous five editions of the event involved more than 500 attendees and has been an ideal platform in Asia to connect to global FLNG developments. After extensive research with leading industry experts and our past attendees, Energy IQ understands that it is high time we address the specific technological challenges, the economics of FLNG projects and involve all stakeholders to uncover the strategies for turning this concept into reality.
Energy IQ’s perspective of the market
Energy IQ is in sync with the FLNG markets challenges and advancements. After an extensive research, it is understood that the prime challenges faced by the FLNG developers are
THE WHY FACTOR
• The Commercial Viability of the FLNG. It is still perplexing to understand the logic behind Shell and the other leaders so actively pursuing FLNG. Do they see this as a worthwhile investment and why?
THE HOW FACTOR
• How does one actualize the FLNG project? What are the technologies involved in it? Is conversion of the existing FPSOs better or do we need a new build? What is the associated liquefaction, regasification, mooring and offloading challenges? What are the legality and project management constraints and how do we cope with them?
THE WHO FACTOR
• Who are the right solution providers in this space? Who provide the field specific technologies? What do they have to offer to actualize the FLNG solutions?
Addressing the strategies to cope with these challenges is exactly what the 6th FLNG Asia Pacific Summit 2011 on the 28th and 29th of June in Singapore will do. The experts who have been working closely on the FLNG projects get together to discuss the recent advancements, trends and technologies in the FLNG market.
Benefits of Attending
An Altogether Refreshing angle at the 6th FLNG Asia Pacific Summit
• A highly technical event discussing core liquefaction and offloading and shipbuilding technologies
• A complete stakeholder base involving engineering firms including LINDE, MUSTANG and many more for the first time
• A completely refreshing insight into the FLNG concept from an expert line-up of speakers
6th FLNG Asia Pacific Summit will
• Provide an update on FLNG projects and the future of the FLNG market
• Outline an operator’s view of commercial viability and technical challenges of FLNG projects
• Highlight the challenges of the Shipbuilders in FLNG projects
• Engineering and technology providers discussing liquefaction, topside design and other challenges
• Risk Management and Financial Challenges in FLNG projects
This is a market which has more questions than answers. We understand that, with the changing market, the questions have changed. But more importantly, they still remain. Join us at 6th FLNG Asia 2011 in Singapore to uncover the answers.