Keppel receives final approval for the conversion of Gimi FLNG project
Keppel Offshore & Marine (Keppel O&M)'s wholly-owned subsidiary, Keppel Shipyard Ltd (Keppel Shipyard), has received the Final Notice to Proceed (FNTP) from Gimi MS Corporation, a subsidiary of Golar LNG Limited, to commence full conversion works for the Gimi Floating Liquefaction Vessel (FLNG) project. The total contract is worth US$947million and builds on the issuance of the Limited Notice to Proceed (LNTP) on 17 December 2018, the company said in its release.
Keppel Shipyard's scope of work in the conversion of a Moss Liquefied Natural Gas (LNG) carrier into an FLNG vessel includes the design, detailed engineering and procurement of the marine systems as well as conversion-related construction services. It will be similar to the work done on the first FLNG vessel, Hilli Episeyo, which Keppel undertook for Golar, but will be customised for the 20-year BP Greater Tortue Ahmeyim contract offshore West Africa. Delivery of the vessel is expected in 1H 2022.
Keppel's conversion solution has proven to be cost-efficient and quick-to-market. Hilli Episeyo, the world's first converted FLNG vessel, was delivered in record time and on budget to Golar LNG for work offshore Kribi, Cameroon.
Keppel Shipyard will once again engage Black & Veatch, its trusted partner for the conversion of the Hilli Episeyo, to provide design, procurement and commissioning support services for the topsides, as well as the liquefaction process, utilising its established PRICO® technology.
When completed, the Gimi FLNG will be stationed at a nearshore hub located on the Mauritania and Senegal maritime border, and is expected to begin production in 2022 as part of the first phase of the Greater Tortue Ahmeyim project. The Gimi FLNG is designed to produce an average of approximately 2.5 million tonnes of LNG per annum.
About Keppel Offshore & Marine
Keppel O&M is a global leader in offshore rig design, construction and repair, ship repair and conversion, and specialised shipbuilding. It integrates and harnesses the experience and expertise of yards and offices in 15 countries to be near customers and markets.
About Golar LNG
Golar LNG is one of the world's largest independent owners and operators of LNG midstream infrastructure with over 40 years of industry experience. Golar's innovations have delivered the world's first Floating Storage and Regasification Unit (FSRU) based on the conversion of an existing LNG carrier followed by the world's first floating liquefaction vessel (FLNG), also based on the conversion of an existing carrier.
