Framo has won the contract to deliver pump systems to GasLog
Framo has won the contract to deliver pump systems (Sea Water Lift Pumps) for a potential Floating Storage Regasification Unit (FSRU) for the shipowner GasLog at Samsung Heavy Industries.
(Picture: Courtesy of GasLog)
The order was placed shortly after Framo signed a supply agreement for similar pump systems for an FSRUs under construction at the same Korean yard but for shipowner Høegh LNG.
“This represents acknowledgement of our ultra-compact pump concept that is now gaining a solid position on the FSRU market,” confirms Thorbjørn Vågenes, Director Oil and Gas pumping systems in Framo.
The pump systems are based on thoroughly tested and recognized Framo technology. In comparison with conventional pump systems, Framo's pumps provide significant savings on space and eliminate the need for a separate pump room onboard the ship. Delivery is scheduled for August 2018.
Framo delivers pumping systems to Höegh LNG
Framo has signed a contract with Höegh LNG for the delivery of pumping systems to their new Floating Storage Regasification Unit (FSRU). The contract is for one unit, with option for three more units which are currently being built at Samsung Heavy Industries in Korea.
FSRU is a floating processing and terminal facility used when it is not profitable, or for other reasons not practical, to develop onshore terminals. By using an on-board regasification unit, the liquid gas carried by the LNG tanker is converted to gas prior to being brought ashore. This process requires the gas to be heated, and for this heating large quantities of seawater have to be pumped from the ocean. Framo is to install four pumps in each of the vessels which are due to be delivered during the period 2019 to 2021.
– Global demand for energy is on the rise, but in many areas the necessary infrastructure is not in place. FSRU is a highly versatile alternative as a vessel can be moored at any quay and operate as a terminal. Furthermore, the investment costs are significantly lower than for onshore developments, says Thorbjørn Vågenes, Director – Oil & Gas Pumping Systems at Framo AS.
The delivery to Höegh LNG is based on highly recognised Framo technology, which has been used in connection with offshore operations for a number of years. A similar solution was delivered to Shell's floating LNG facility, Prelude FLNG.
These pump systems have improved operating reliability, are lighter, and have fewer components to maintain compared with the conventional pumps most commonly used on board FSRU vessels. The Framo system will also eliminate the need for a separate pump room on the vessels where space often is limited.
– We are using recognized and well-proven Framo technology in a new market where there has been a significant rise in demand the past few years, says Vågenes.
Minister of Petroleum and Energy Visited Framo
Minister of Petroleum and Energy, Terje Søviknes, opened Askøy Business Forum by praising the oil and gas industry.
– The sector has been through a painful restructuring process, and should be given credit for skilful implementation of cost-effectiveness measures. It is a process that has been necessary to improve competitiveness, says Søviknes.
In his opinion, the industry is now well prepared for an upturn.
– It has been hard for those involved, but we can now see a change for the better. There is clear evidence of this, says Søviknes, but underlines that this is subject to the sector being able to keep its costs down.
The Minister of Petroleum and Energy was also given a guided tour of Askøy, including company visits at One Subsea and Framo. He was impressed with what he saw.
– There is something new to learn during every company visit. I have now had the opportunity to talk with people in production as well as management about what is important in terms of recruitment and also to improve the reputation of the sector. This input is crucial as we have to ensure that the best minds and the most skilled professionals are recruited to the oil and gas industry, says Søviknes.
Recruitment to the sector is a subject in which the minister takes great interest. The message that the oil and gas industry is “on its way out” is without foundation, he feels.
– We will produce oil and gas for many decades to come. It is extremely important that this is communicated in order to encourage recruitment to the sector, says Søviknes, and refers to forecasts showing that oil and gas are still estimated to account for 40 percent of the world’s energy consumption in 2050.
Venue for the Business Forum, which gathered some 50 participants from businesses and authorities in the Bergen region, was Sjølivet – Framo’s new head office at Florvåg. The main purpose of this forum is to gather support for specific projects that will contribute to further development of, and also an increase in, deliveries from industrial enterprises throughout the region. It is organised by Askøy Kommune (local authority) in collaboration with local businesses.
Marintec, 5 – 7 December 2017
The largest maritime event in Asia Pacific, Marintec China connecting maritime professionals from the entire shipbuilding supply chain together.
Over the years, Marintec China has grown to reflect the size and importance of the Asian maritime market. 2017 event is another record- breaking edition with the largest exhibition area and the highest number of industry professionals attending ever. The encouraging figures proven that China remains one of the major shipbuilding nations and Marintec China has been the most authoritative platform in Asia.
With the maritime industry facing great opportunities but also may challenges, it is important for the industry toconnect and engage more to ultimately win new business in globally-significant markets. A visit to Marintec China s a great way to learn about the latest technology and innovation of the supply industry, a platform for industry professional to meet face to face, make connection and do business.
Marintec China is poised to be the definitive event and is undoubtedly a must-attend for all involved in the maritime industry.
Marintec China will be held from 5-8 December 2017 at the Shanghai New International Expo Centre in Shanghai, China and continue its dedication to serve as the “LEADING” platform “CONNECTING” the community and “STRENGTHENING” the maritime industry.
Marintec China offers the perfect opportunity for companies serving the maritime market to showcase their innovations, products and services to a wide audience. A platform for face to face meetings in business, creating new relationships and consolidating existing ones.
Read more: http://www.marintecchina.com
The leading European oil spill conference and exhibition will look at potential issues to be raised from any future oil spills, including Spill Prevention, Preparedness, Response and Restoration. Interspill 2018 will provide a unique platform for oil spill industry professionals, academia and government to meet, discuss and network.
Read more: https://www.interspillevent.com/
Sea Japan 2018
Sea Japan is Japan’s major international exhibition for the maritime industry, held biennially in Tokyo. The number of participants has continued to grow each year - at Sea Japan 2016 there were a total of 565 exhibiting companies and 19,524 visitors.
In addition to national pavilions from Japan and numerous European and Asian countries, the exhibition features several special product zones and a ‘Japan Maritime Industry Cluster’ pavilion that showcases the very latest technologies being developed by Japan’s shipyards, ship owners, academic institutes and public research bodies.
Read more: http://www.seajapan.ne.jp/en/
The Offshore Technology Conference (OTC) is where the world’s energy professionals meet to exchange ideas and opinions to advance scientific and technical knowledge for offshore resources and environmental matters.
OTC is the largest global event for the oil and gas sector featuring approximately 2,000 exhibitors and attendees from across the globe.
Read more: http://2018.otcnet.org/
The Posidonia is an international shipping exhibition, which takes place every two years in Athens and which is the largest meeting place for the Greek shipping industry and international transportation experts. The fair offers direct access to the Greek fleet, but also to international industry leaders.
Read more: http://posidonia-events.com/
Offshore Northern Seas (ONS)
Founded in 1974, ONS has developed into a global energy meeting place connecting international suppliers, operating companies and decision makers.
Main theme: INNOVATE
500 speakers on seven conference arenas and 23 000 square metres exhibition space.
Read more: http://www.ons.no/
SMM Hamburg, 4 - 7 September 2018
The world’s leading trade fair for the maritime industry
With over 2,200 exhibitors and about 50,000 visitors from all over the world, SMM continues to cement its position as the most important event in the maritime industry calendar.
The trade fair offers a perfect stage for gathering insights, networking, cementing business deals and contributing to debates with the thought leaders in this sector.
Read more: http://www.smm-hamburg.com/en/
Offshore Technology Days, 16 - 18 October 2018
At the 20th Offshore Technology Days (OTD), exhibition key industry players will be on hand to actively meet and discuss business opportunities. Leading operators and contractors will be at OTD and located at the Contractors Market. Here, the supplier industry can meet with key purchasing and technology personnel from these key industry players and for one-on-one meetings during the exhibition.
Read more: https://www.offshoredays.com/
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