Menu

Search

  |   Business

Menu

  |   Business

Search

Daewoo Shipbuilding's FLNG design gets nod for quality

Daewoo's 64-meter-wide FLNG facility design can annually produce 3.5 million tons and store 209,000 cubic meters of LNG.

Daewoo Shipbuilding & Marine Engineering Co. may now seek orders for its upgraded floating liquefied natural gas (LNG) facility after its design won approval from ABS, a US ship quality assurance and risk management company.

According to the company, its 64-meter-wide FLNG facility design, 4 meters wider than the previous one, can annually produce 3.5 million tons and store 209,000 cubic meters of LNG.

The company has been pursuing the project in cooperation with ABS since June 2019.

Daewoo Shipbuilding delivered an FLNG facility in May 2016 for the first time.

The FLNG is an LNG factory that floats in the sea.

It is equipped with all the facilities needed for production, loading, unloading, and storing.

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.