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
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