Massive Floating LNG Facility Construction Deal Secured by Drydocks World
In a significant development for the global energy sector, Dubai's Drydocks World, a subsidiary of DP World, has been awarded the contract to construct the world's largest Floating Liquefied Natural Gas (FLNG) facility. The project, led by AMIGO LNG, a joint venture between Texas-based Epcilon LNG and Singapore's LNG Alliance, is expected to set a new standard for offshore energy developments.
The four-vessel facility, scheduled to begin operations in the second half of 2028, will be developed off Guaymas, Sonora, on Mexico's west coast. The project reinforces Dubai's role as a hub for advanced maritime engineering and contributes to the city's efforts in global energy transition.
The project involves the conversion of two LNG carriers into Floating Storage Units (FSUs) and the construction of two new FLNG barges at Drydocks World's Dubai yard. This modular build strategy ensures quality, efficiency, and lower environmental impact, a key factor in the project's design.
Dr. Muthu Chezhian, the CEO of LNG Alliance, emphasizes that the collaboration ensures best-in-class production capacity. Capt. Rado Antolovic, the CEO of Drydocks World, shares similar sentiments, positioning the project as a benchmark for future offshore energy developments.
The facility will offer a liquefaction capacity of more than 4.2 million tonnes per annum. This capacity will enable direct exports to Asia and Latin America, reducing shipping distances compared with US Gulf terminals and cutting both costs and emissions.
The project contributes to the role of Dubai as a hub for advanced maritime engineering. With more than 10 LNG and FSRU conversions under its belt, Drydocks World brings extensive experience to the table. This expertise, combined with the innovative modular build strategy, is expected to leverage the environmental and operational advantages of Floating Liquefied Natural Gas (FLNG) solutions.
In conclusion, the world's largest FLNG facility, led by AMIGO LNG and executed by Drydocks World, is set to redefine offshore energy developments. The project reinforces Dubai's commitment to sustainable maritime engineering and its role in the global energy transition efforts.
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