Gulf Oil and Gas accountACCOUNT

Hoegh LNG Sign Agreements for FSRU Conversion Project

Source: www.gulfoilandgas.com 8/24/2016, Location: North America

Hoegh LNG Holdings Ltd. (Hoegh LNG) has signed agreements with Wartsila Oil and Gas (EPCIC regas) and Moss Maritime (engineering) for its first FSRU conversion project, including the ordering of critical equipment with long lead time.

By ordering said equipment in advance, Hoegh LNG will reduce the conversion schedule by six months- from 18 to 12 months, giving a planned delivery date for the FSRU conversion project end 2017. The conversion design is in line with several of the Group's short-listed projects.

Sveinung J. S. Stohle, President and CEO of Hoegh LNG, stated "by doing FSRU conversions Hoegh LNG can capture additional business opportunities with start-up at the end of 2017 and in 2018, which our FSRU newbuilding programme cannot meet. Our strong in-house technical expertise and our ability to order critical equipment with limited risk due to our newbuilding programme, enables us to take advantage of the strong fundamentals in the FSRU segment."

FPSO Vessels and Equipment News in United States >>

Brazil >>  6/4/2020 - Eagle Petrolina, the first of four contracted vessels, left South Korea on Thursday (4/6), where it conducted tests on the high seas, to sail to Singa...
Canada >>  6/1/2020 - Early on May 30, 2020, Suncor Energy reported a fire coming from the Low Pressure (LP) Separator on the Terra Nova FPSO. All personnel safely mustered...

United Kingdom >>  5/27/2020 - UK authorities have approved the plan for the removal of the Petrojarl Banff FPSO and Apollo Spirit FSO from Canadian Natural Resources’ Banff and Kyl...
Australia >>  5/15/2020 - GR Engineering Services Limited (GNG) (GR Engineering) is pleased to announce that its wholly owned subsidiary, Upstream Production Solutions Pty Ltd ...

Brazil >>  5/14/2020 - Bureau Veritas (BV), a world leader in testing, inspection and certification (TIC) services has formalized guidelines and a classification notation fo...
Saudi Arabia >>  5/14/2020 - Bahri, a global leader in logistics and transportation, has announced that it has taken delivery of the new dry-bulk carrier ‘Sara.’ Built by Hyundai ...

Related Categories: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 

Related Articles: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 


United States Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.