Cott Oil and Gas Ltd has received an Expression of Interest from Wison Offshore and Marine Ltd in supporting the development of the Pandora Gas Field offshore Papua New Guinea, in which Cott has a 40% interest, with a floating LNG FLNG.
Consequently, Cott has engaged Wison to deliver a Concept Study for an FLNG that would be suitable for the project.
As a result of the award of PRL 38 in December 2013, Wison delivered an EOI to Cott stating that it believed that the Pandora Gas Fields could be commercially developed using FLNG. Wison has significant experience in the design and manufacture of FLNG and regasification facilities having been awarded the Engineering, Procurement, Construction, Installation and Commissioning contract by Exmar BV for the world’s first Floating LNG Liquefaction and Storage vessel. The 0.5 million tonnes per annum (mtpa) liquefaction capacity barge is currently under construction at Wison’s Nantong shipyard in China and will be completed later this year before being delivered to the Caribbean LNG project off the coast of Colombia.