ABB, the Swiss power and automation group announced today it will be playing an important role in the development of Petronas’ second floating LNG facility PFLNG2 by supplying the high power electrical systems on board such as transformers, switchboards, motor-control centers and the facility’s power management system.
Supplying the substantial power systems required to produce, process and then liquefy natural gas is not a straight-forward solution when it all needs to fit on board a vessel floating in the ocean. ABB says their systems will be accommodated in two prefabricated electrical houses, or e-houses, that stretch as high as a five-story building. These substations will ensure this equipment remains safe from the corrosive marine environment as well as hazardous gas and provide a safe environment for the operation crew.
With the inherent geographic flexibility and low environmental impact of a Floating LNG production facility, the FLNG concept has gained a significant amount of interest over the past few years with three such vessels currently ordered via Petronas and Shell. ABB cites a report by Douglas-Westwood estimating the market for such vessels to be worth $64 billion between now and 2020.
PFLNG2 is targeted to be installed at the deepwater Rotan gas field located off Malaysia when delivered in 2018. It will produce 1.5 million tons of LNG per year.
China's retaliatory tariffs on the United States may cause U.S. oil exports to decline in 2025 for the first time since the COVID-19 pandemic, after growth plateaued last year.
A. P. Moller-Maersk A/S, a bellwether for world trade, forecast growth in the global container market as it sees consumer demand defying an intensifying trade war.
Almost every day since the expansion of Canada’s Trans Mountain pipeline was completed in May, a tanker laden with oil sands crude shipped through the line has passed under Vancouver’s Lions Gate Bridge en route to refineries around the Pacific.
February 5, 2025
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