195 views
Photo from Semcorp Marine's website.

Sembcorp Marine bags FLNG facilities conversion project

The conversion of the first facility will be delivered in the first half of 2024.

Sembcorp Marine secured Master Service Agreements from New Fortress Energy (NFE) to develop and convert two Sevan cylindrical drilling vessels to Floating liquified natural gas (FLNG) liquefaction facilities.

In a statement, Sembcorp Marin said the hull conversion and fabrication of topsides for the first facilities are set to be delivered in the first half of 2024 whilst, the second will come at a later date.

READ MORE: Sembcorp Marine bags $4.25 FPSO contract from Petrobras

This is the first set of two Sevan cylindrical hulls to be converted into FLNG liquefaction facilities, it said.

The contract will not have a material impact on the company’s net tangible assets or earnings per share for the current fiscal year.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!