Wison, KBR ink FLNG project agreement

Wison Offshore & Marine announced that it has signed a memorandum with KBR, Inc. for cooperation of the two companies on a 1.5 MPTA Floating LNG liquefaction unit in Southeast Asia.

Both parties will collaborate with each other on a mutually exclusive basis for the above-mentioned FLNG project of Kumul Petroleum Holdings Limited from Papua New Guinea.

In August 2017, KBR announced it was awarded a contract by Kumul Petroleum Holdings Limited for the conceptual development and feasibility study services for an energy hub in the Kikori region of the Gulf Province of Papua New Guinea, while in September 2016, Wison successfully completed its performance test at the Wison yard in Nantong, China.

    Mr. Ying CUI, CEO of Wison Offshore & Marine said: “We’re looking forward to a fruitful cooperation between Wison and KBR. We’re confident that the combination of both parties’ strengths will create the best value for our clients by providing them with more cost-effective and quality solutions to lower the overall investment of FLNG project”.

Mr. Greg Conlon, KBR President, Asia Pacific was in the same wave-length as Mr. Ying CUI and stated that the partnership between the two will create a a significant nation-building project for Papua New Guinea.