Petronas reaches FID on second FLNG, awards contracts

Malayan state oil company Petronas reached final investment decision (FID) last month for its second floating LNG (FLNG) project, the company said.

The floating unit—PFLNG2—will be moored at Rotan gas field on deepwater Block H, offshore Sabah, and is to produce 1.5 million tonnes/year of LNG (OGJ Online, Feb. 5, 2007). It is to be ready for start-up by early 2018, the company said.

Since the FID was reached, Petronas has awarded the engineering procurement, construction, installation, and commissioning contract to a consortium of JGC Corp., Samsung Heavy Industries Co. Ltd., JGC (Malaysia) Sdn. Bhd., and Samsung Heavy Industries (M) Sdn. Bhd.

The contract award follows the 2012 dual frontend engineering design study for the project undertaken by two consortia: Modec Inc., CB&I Nederland BV, and Toyo Engineering Corp.; and JGC Corp., Samsung Heavy Industries, JGC (Malaysia) Sdn. Bhd., and Samsung Heavy Industries.

Meanwhile, Petronas’s first FLNG unit—PFLNG 1—recently laid the vessel’s keel at the Daewoo Shipbuilding & Marine Engineering shipyard in Okpo, South Korea, Petronas said. PFLNG 1 will be moored at Kanowit field, offshore Sarawak, and is to produce 1.2 million tpy of LNG (OGJ Online, Dec. 6, 2005). It is to be ready for start-up by yearend 2015.