Norwegian firm wins Bahrain LNG floatover services contract

26 April 2017

$1bn project is set to meet Bahrain’s peak seasonal demand and industrial growth

Norway-headquartered Aqualis Offshore has won a contract to provide floatover services at Bahrain liquefied natural gas (LNG) import terminal.

The work is part of a transportation and installation package by subcontractor Oceanus to provide LNG regasification platform topside for the $1bn terminal. The main contractor on the project is GS Engineering. 

South Korean firm Oceanus will transport 7,000-tonne topside from Laem Chabang in Thailand to Bahrain.

Aqualis will provide project management services, specialist floatover engineering and supervision for loadout and installation operations, the firm said in a statement.

The company is contracted to provide services for the LNG project until the third quarter of 2018 for an undisclosed amount.

“Although this is not a particularly heavy topside compared to many floatovers, the project has some interesting challenges with the shallow water depth,” said Aqualis Offshore Asia-Pacific director Phil Lenox.

MEED reported that Bahrain LNG, which is jointly owned by Nogaholding and a consortium of US-based Teekay LNG Partners, Kuwait’s Gulf Investment Corporation and South Korea’s Samsung C&T had reached financial close.

The project set for completion in 2019 closed a $741m limited recourse financing in December. It has been developed to meet peak seasonal gas demand and industrial growth in Bahrain 

Bahrain LNG will comprise a floating storage unit, an offshore LNG receiving jetty and breakwater with an adjacent regasification platform, subsea gas pipelines from the platform to shore, an onshore gas receiving facility as well as an onshore nitrogen production facility.

 

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