Dresser-Rand receives FLNG equipment contract

Dresser-Rand has received a $55 million letter of authorization to proceed from Kanfa Aragon to supply the compression equipment for the world's first floating liquefaction plant (FLNG), the Flex LNG Ltd. LNGP1, destined for operation offshore Nigeria.

Offshore staff

HOUSTON -- Dresser-Rand has received a $55 million letter of authorization to proceed from Kanfa Aragon to supply the compression equipment for the world's first floating liquefaction plant (FLNG), the Flex LNG Ltd. LNGP1, destined for operation offshore Nigeria.

The unit will have a liquefaction capacity of approximately 1.7 MTPA. Samsung Heavy Industries Co., Ltd. (SHI) is the EPCIC contractor forLNGP1, while Kanfa Aragon, a Sevan Marine subsidiary, is the engineering and procurement contractor for the topside's facilities.

09/11/2008

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