ABB and Wison Offshore & Marine (WOM) signed a Memorandum of Understanding to collaborate on the development and implementation of floating liquefied natural gas (FLNG) facilities worldwide.
By optimising and standardising the FLNG unit design, ABB and WOM aim to significantly improve the production efficiency of LNG at sea.
Wei Huaqing, Assistant President of WOM said: “The FLNG market continues to grow. We are pleased to be working with ABB and look forward to leveraging our complementary expertise to deliver more value for FLNG customers around the world. By combining our bespoke offerings, we believe we can increase productivity in greenfield developments and in doing so improve overall CAPEX efficiency.”
The agreement will also utilize ABB’s unique project methodology, Adaptive Execution, which offers customers complete visibility of their project, from start to finish, via a single, streamlined and centralised approach.
Feng Li, head of ABB Energy Industries China, commented: “Adaptive Execution can help unlock significant project value for FLNG customers. By designing in a modular and standardised way, and testing everything in a virtual environment, we can tackle design challenges early on, boost performance and ensure reliability of the infrastructure. This enables all the parties involved in the project to achieve more in shorter timeframes, optimising the overall delivery schedule and saving on cost.”
ABB has delivered power and automation solutions to over 70 floating production projects around the world.
Source: Seatrade Maritime News