ARENDAL, Norway -- Samsung Heavy Industries has awarded Kanfa Aragon a $200 million contract for the development of a liquefied natural gas production topside for the world`s first Floating Liquefied Natural Gas (FLNG) production vessel. The contract confirms a letter of intent previously entered into between the parties.
The FLNG topside will be based on Kanfa Aragon`s liquefaction technology. Kanfa Aragon`s scope of work includes the design and engineering of the liquefaction plant as well as procurement of major equipment items.
The vessel will be owned and operated by FLEXLNG. The vessel will have a gas processing and liquefaction topside with an LNG capacity of approximately 1.7 million metric tons per annum LNG.