EXMAR announced the formation of an alliance to advance its efforts in the development of floating liquefaction solutions.
EXMAR has specifically formalized a relationship with its long-time LNG partner, Excelerate, and with Black & Veatch, a proven provider of natural gas processing and liquefaction technology. “The alliance of a proven liquefaction technology provider, an experienced LNG importer and marketer and EXMAR’s proven track record of pursuing technologically challenging projects in the LNG business is in my view a unique selling proposition to field owners. This partnership forms a solid basis for the successful development of the first floating liquefaction, storage and offloading solution in the world” said Nicolas Saverys, Chief Executive Officer of EXMAR NV. The FLSO combines the liquefaction process, storage tanks, loading systems, and other LNG-related infrastructure into a single floating unit. The alliance has the expertise to develop a cost-effective source-to-market solution that provides the same reliability, efficiency and flexibility that Excelerate and EXMAR have pioneered in floating regasification and LNG ship-to-ship transfer.
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