Reportedly, Samsung Heavy Industries subsequently got a 2-trillion-won offshore plant contract (order) for the very first time in three years.
The same has been revealed by the company on Dec 22, that it has won an order for an offshore production facility from a client in Asia. While it kept the deal to be highly confidential at the request of the shipowner. Still, according to foreign media reports, this offshore facility is a floating liquefied natural gas (FLNG) facility. While it has been ordered by Malaysian state-run energy company ‘Petronas’ respectively.
An FLNG facility can able to store and unload natural gas extracted from the sea after turning the same into liquefied natural gas (LNG).
Additionally, the order amount is worth 1,961.1 billion won. It is approximately come out to be US$1.5 billion. On the other hand, the FLNG facility will be completed and delivered to the client by August 2027.
Notably, the last time, the company won an offshore project was in 2019. The time when it was recognized as a floating production storage and offloading (FPSO) unit from an Indian shipping company. Also, an FPSO unit directly refines crude oil extracted from the sea.
