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Home›Business Developments & Projects›Wison New Energies starts pre-FEED work for two FLNG projects in Nigeria
Business Developments & Projects

January 22, 2024 · about 2 years ago

Wison New Energies starts pre-FEED work for two FLNG projects in Nigeria

China-based provider of clean energy services Wison New Energies, formerly known as Wison Offshore & Marine, has initiated the design validation and pre-FEED phase for two floating LNG (FLNG) projects in Nigeria. Following the signing of the contract and disbursement of mobilization funding, Wison N

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Wison New Energies starts pre-FEED work for two FLNG projects in Nigeria

China-based provider of clean energy services Wison New Energies, formerly known as Wison Offshore & Marine, has initiated the design validation and pre-FEED phase for two floating LNG (FLNG) projects in Nigeria.

Following the signing of the contract and disbursement of mobilization funding, Wison New Energies officially commenced the pre-FEED phase for two 3 million tons per annum (mtpa) FLNG projects owned by Nigerian companies Ace Gas and FLNG and Transoceanic Gas & Power.

Transoceanic’s FLNG project is located offshore Pennington and proximal to OML 289, a block operated by the company on behalf of Cleanwaters consortium. It is designed to supply 3 mtpa of LNG to the international market, and 150,000 metric tons per year (MT/yr) of LPG to the domestic market.

As part of the phased development plan, the project will deploy a floating power barge concept, starting with a Phase 1 Power capacity of 250MW.

Ace Gas and FLNG project is located offshore Escravos and is also designed to supply 3 mtpa of LNG to the international market, and 150,000 MT/yr of LPG to the domestic market.

The upstream gathering facilities for both projects will be managed by Samsung Heavy Industry Nigeria, while Siemens Energy will provide the power and compression systems. The projects also have offtake assurances for the LNG with Socar, Vitol, and Karpowership.

The contract for the two Nigerian FLNG projects comes on the heels of Wison’s recent name change from Wison Offshore & Marine (WOM) to Wison New Energies to “better represent” the company’s commitment to providing low-carbon technologies and solutions.

At the end of 2023, the Chinese company also entered into a memorandum of understanding (MoU) with Nigeria National Petroleum Corporation (NNPC) for the development of a floating LNG project in Nigeria, targeting the international LNG market.

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