HD Hyundai Heavy Industries Co., Ltd. is the world's largest shipbuilding company and a major heavy equipment manufacturer. Its headquarters are in Ulsan, South Korea.
A floating production storage and offloading (FPSO) unit is a floating vessel used by the offshore oil and gas industry for the production and processing of hydrocarbons, and for the storage of oil. An FPSO vessel is designed to receive hydrocarbons produced by itself or from nearby platforms or subsea template, process them, and store oil until it can be offloaded onto a tanker or, less frequently, transported through a pipeline. FPSOs are preferred in frontier offshore regions as they are easy to install, and do not require a local pipeline infrastructure to export oil. FPSOs can be a conversion of an oil tanker or can be a vessel built specially for the application. A vessel used only to store oil is referred to as a floating storage and offloading (FSO) vessel.
Malaysia Marine and Heavy Engineering Holdings Berhad is a Malaysian owned shipbuilding and heavy engineering industries company. It was formerly known as Malaysia Shipyard and Engineering Sdn Bhd. MHB has been long involved in oil and gas engineering and construction works.
BW Group is a maritime company involved in shipping, floating gas infrastructure and deep-water oil & gas production. The company has over 490 vessels managed by an international team of over 12,000 staff worldwide. The group was founded by Sir Yue-Kong Pao in Hong Kong in 1955 as World-Wide Shipping. In 2003, the company acquired Bergesen d.y. ASA, Norway's largest shipping company, which was founded in 1935 by Sigval Bergesen the Younger. In 2005, the business was re-branded as BW. With its LNG and LPG fleets combined, BW Group owns and operates the world's largest gas shipping fleet of more than 200 gas vessels, including five FSRUs. Hafnia, a member of the BW Group, operates the world's largest fleet of oil product tankers, and BW Offshore comprises the second largest number of floating oil and gas production units (FPSOs). BW's controlled fleet of over 490 ships also includes crude oil supertankers and dry bulk carriers.
MISC Berhad was incorporated in 1968 as Malaysia International Shipping Corporation Berhad and is the leading international shipping line of Malaysia. In September 2005, Malaysia International Shipping Corporation Berhad adopted its present corporate identity and changed its name to MISC Berhad. Its main shareholder is Petroliam Nasional Berhad (Petronas), the national oil conglomerate of Malaysia. The principal business of the corporation consist of ship owning, ship operating, other shipping related activities, owning and operating of offshore floating facilities as well as marine repair, marine conversion and engineering and construction works. With a fleet of more than 120 vessels and a combined tonnage of more than 13,000,000 DWT.
Marine propulsion is the mechanism or system used to generate thrust to move a watercraft through water. While paddles and sails are still used on some smaller boats, most modern ships are propelled by mechanical systems consisting of an electric motor or internal combustion engine driving a propeller, or less frequently, in pump-jets, an impeller. Marine engineering is the discipline concerned with the engineering design process of marine propulsion systems.
Offshore concrete structures, or concrete offshore structures, are structures built from reinforced concrete for use in the offshore marine environment. They serve the same purpose as their steel counterparts in oil and gas production and storage. The first concrete oil platform was installed in the North Sea in the Ekofisk oil field in 1973 by Phillips Petroleum, and they have become a significant part of the marine construction industry. Since then at least 47 major concrete offshore structures have been built.
Compressed natural gas (CNG) carrier ships are those designed for transportation of natural gas under high pressure. CNG carrier technology relies on high pressure, typically over 250 bar (2900 psi), to increase the density of the gas, but it is still 2.4 times less than that of LNG (426 kg/m3). CNG carriers may find their place abreast with the well established technology of liquefied natural gas by LNG carriers as it is economical for medium distance marine transport. Most of the energy consumed for the gas pressurisation can be recovered as electricity using turboexpander while delivering CNG to the inland piping network at unloading jetty/harbour. CNG carriers are also alternate solutions to the undersea pipelines as they have less complicated fast loading and unloading features.
BP Shipping is the maritime arm of British headquartered global oil company, BP. The unit covers the marine transport, logistics and insurance requirements of all BP's global activities.
Qatar Gas Transport Company Limited, commonly known as Nakilat is a Qatari shipping and maritime company. Its LNG shipping fleet is one of the largest in the world, comprising 74 vessels. The company also jointly owns one Floating Storage Regasification Unit (FSRU) and 4 very large LPG carriers (VLGCs). Through its in-house ship management, Nakilat manages and operates the four very large LPG carriers and 14 LNG carriers.
A floating liquefied natural gas (FLNG) facility is a floating production storage and offloading unit that conducts liquefied natural gas (LNG) operations for developing offshore natural gas resources. Floating above an offshore natural gas field, the FLNG facility produces liquefied stores and transfers LNG at sea before carriers ship it directly to markets.
Wison Group is an engineering, procurement, and construction company, or EPC firm which focuses on the industries of energy and high-technology. The company attracted significant international coverage in the first half of 2012 by winning a contract to “engineer, procure, construct, install, and commission” (EPCIC) the world's first “floating LNG liquefaction, regasification, and storage unit” off the coast of Colombia. Wison also formed a consortium with Hyundai Engineering & Construction Co. to sign a contract with PDVSA, Venezuela's state-owned oil company, to expand PDVSA's Puerto la Cruz refinery.
The Ichthys gas field is a natural gas field located in the Timor Sea, off the northwestern coast of Australia. The field is located 220 km (140 mi) offshore Western Australia and 820 km (510 mi) southwest of Darwin, with an average water depth of approximately 250 m (820 ft). It was discovered in 2000 and developed by Inpex in partnership with Total, Tokyo Gas, Osaka Gas, Chubu Electric Power, Toho Gas, Kansai Electric Power and CPC.
Regasification is a process of converting liquefied natural gas (LNG) at −162 °C temperature back to natural gas at atmospheric temperature. LNG gasification plants can be located on land as well as on floating barges, i.e. a Floating Storage and Regasification Unit (FSRU). Floating barge mounted plants have the advantage that they can be towed to new offshore locations for better usage in response to changes in the business environment. In a conventional regasification plant, LNG is heated by sea water to convert it to natural gas / methane gas.
A liquefied natural gas terminal is a facility for managing the import and/or export of liquefied natural gas (LNG). It comprises equipment for loading and unloading of LNG cargo to/from ocean-going tankers, for transfer across the site, liquefaction, re-gasification, processing, storage, pumping, compression, and metering of LNG. LNG as a liquid is the most efficient way to transport natural gas over long distances, usually by sea.
Bumi Armada Berhad is an oilfield services company which provides marine transportation, engineering and maintenance services to the offshore oil and gas industry. It is based in Kuala Lumpur, Malaysia, and has operations in Southeast Asia, South Asia, West Africa, Central Africa, Europe, South America and the Caspian Sea region. It is the world's fifth largest floating production storage and offloading (FPSO) provider with six vessels.
MT GDF Suez Neptune is a liquefied natural gas (LNG) carrier, which has been used as a floating storage and regasification unit (FSRU) for LNG at the Aliaga Etki LNG terminal in Aliağa district of İzmir Province, western Turkey between 2016 and 2019.
MT MOL FSRU Challenger is a Bahamas-flagged liquefied natural gas (LNG) carrier, which is currently laid up in Singapore.
MT Botaş FSRU Ertuğrul Gazi is a South Korean-built Turkey-flagged offshore support vessel certified as a floating storage regasification unit (FSRU) for liquified natural gas (LNG). She is owned by the Turkish petroleum and natural gas pipeline corporation BOTAŞ, and operated by the Norwegian maritime company Wilhelmsen Ship Management, serving at Botaş Dörtyol LNG Storage Facility in southern Turkey. This is the country's first vessel of this type.
