DNV supports Snam with two FSRU assessments

Sept. 7, 2022
DNV has advised Snam Group on its acquisition of two floating storage and regasification units (FSRUs) for operations offshore Italy.

Offshore staff

OSLO, Norway  DNV has advised Snam Group on its acquisition of two floating storage and regasification units (FSRUs) for operations offshore Italy.

Snam acquired the Golar Tundra from Golar LNG and the BW Singapore from BW Gas Cyprus, with DNV performing the buyer’s technical and environmental due diligence in both cases.

The two vessels can operate as FSRUs and LNG carriers. Each one has an LNG storage capacity of 170,000 cu. m of LNG and a nominal continuous regasification capacity of 5 Bcm/year. Their combined capacity should cover about 15% of Italy’s yearly gas needs, DNV added.

Current limits on-land regasification capacitytwo to five years are necessary to implement the required new infrastructurehave led Italy, Germany and France, among others, to expand their FSRU fleets and develop new LNG terminals.

DNV’s advisory services for the FSRU segment cover range from due diligence, support for the design, site selection and risk analysis, through to modeling and simulation of integrated ship machinery systems to optimize energy efficiency, emissions, costs and safety, and cybersecurity.

In May Golar LNG announced it would repurpose the LNG carrierGolar Arctic as a FSRU that will operate offshore Sardinia for Snam.

09.07.2022