Dhaka, Saturday, April 20, 2019 10:38 AM   
     
Home Energy BD Energy World Green Energy Opinion Interview Environment Business Others Archive
LATEST >
বাংলা সংস্করণ
   
Summit signs $100m deal with consortium for LNG terminal

Summit LNG Terminal Ltd, a subsidiary of Summit Power International, signed a $100 million turnkey contract with a marine work contractor consortium recently.

Under the contract signed, the consortium comprising of Geocean SAS and MacGregor will undertake a project for laying design, engineering, procurement, fabrication, installation and testing of the Fixed Infrastructure (FI) for its proposed Floating LNG Storage and Regasification Terminal (FSRT) at Moheskhali, Cox`s Bazar, said a press release.

The project is to be completed in 16th month from day of signing the contract, according to a statement of the company issued on Tuesday. However, the statement did not say where and when the contract was signed.

The FI will consist, among others, of Disconnectable Turret Mooring (DTM) plug for FSRU (floating storage and regasification unit) vessel system with anchors (suction piles), flexible riser with floatation and tether system, control and hydraulic umbilical, PLEM, Stern Mooring System (SMS) of FSRU vessel offshore pipelines and landfall works.

In August 2017, Summit had signed Time Charter Party (TCP) agreement with Excelerate Energy for securing FSRU vessel.

Summit Power International is a Singapore incorporated leading infrastructure developer and operator in South Asia. It comprises a group of businesses which develop, own and operate power generating assets and FSRU.

Geocean, subsidiary of Entrepose Group, performs turnkey offshore projects under EPCI-type contracts in the oil and gas, mining, chemical industries as well as on the public works market. It builds coastal structural works for power stations, desalination plants, water treatment plants and offshore fields.

MacGregor shapes the offshore and marine industries by offering world-leading engineering solutions and services with a strong portfolio of MacGregor, Hatlapa, Porsgrunn, Pusnes and Triplex brands.

Print PDF

   You may also like

Category: Gas
LNG boosts daily gas supply to 3,200 mmcf

Category: Gas
Proposals to hike gas prices: Public hearing ends; Berc to take ‘judicious’ decision

Category: Gas
Petrobangla signs MoU with Dhaka University’s Geology department

Category: Gas
Public hearing on gas price hike starts March 11

Category: Gas
LNG boosts Ctg factories, power plants

Category: Gas
Govt seeks developers for its first onshore LNG terminal

Category: Gas
Titas fails deadline with around two-thirds work impending

Category: Gas
Summit’s LNG terminal likely to start commercial operation by March

Category: Gas
Bakhrabad Gas Company earns Tk 217.86 lakh in profit
     
    RECENT STORIES   MOST READ
    FOLLOW US ON FACEBOOK
    Recent Gas Stories
LNG boosts daily gas supply to 3,200 mmcf
Proposals to hike gas prices: Public hearing ends; Berc to take ‘judicious’ decision
Petrobangla signs MoU with Dhaka University’s Geology department
Public hearing on gas price hike starts March 11
LNG boosts Ctg factories, power plants
Govt seeks developers for its first onshore LNG terminal
Titas fails deadline with around two-thirds work impending
Summit’s LNG terminal likely to start commercial operation by March
Bakhrabad Gas Company earns Tk 217.86 lakh in profit
Govt scraps new floating LNG projects for land-based ones


Explore the energynewsbd.com
Home
Energy World
Opinion
Environment
Others
Energy BD
Green Energy
Interview
Business
Archive
About Us Contact Us Terms & Conditions Privacy Policy Advertisement Policy