Black & Veatch’s PRICO© technology used in guaranteed performance test aboard Exmar’s Tango FLNG vessel
Published by Naomi Holliman,
Digital Editorial Assistant
Hydrocarbon Engineering,
Black & Veatch, a specialist in the design, construction and delivery of liquefaction solutions for floating applications, has announced that its patented PRICO© technology has successfully completed its guaranteed performance test aboard Exmar’s Tango FLNG, the world’s first barge-based floating liquefaction unit.
Under an agreement between oil and gas shipping and infrastructure provider Exmar and Argentinian energy company YPF, the Tango FLNG will spend the next 10 years moored in Bahia Blanca, Argentina, as the first FLNG unit in operation in the Americas. The Tango FLNG will enable Argentina to join the growing list of LNG exporters around the world, while allowing the country to monetize and export its massive reserves of stranded shale gas. The Tango FLNG will produce approximately 0.5 million tpy of LNG.
“Bringing the Tango to full commercial operation builds upon our legacy of delivering reliable, cost-effective LNG solutions, while opening up new opportunities to fast-track the monetization of natural gas,” said Exmar Chief Executive Officer Nicolas Saverys.
The Tango FLNG facility will become the second floating liquified natural gas unit in commercial operation to feature PRICO© technology. Earlier this year, Black & Veatch received full notice to proceed to design, construct and deliver a third FLNG unit.
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/12062019/black-veatchs-prico-technology-used-in-guaranteed-performance-test-aboard-exmars-tango-flng-vessel/
You might also like
Morgan Stanley Infrastructure Partners sells Höegh Evi stake
Morgan Stanley Investment Management, through investment funds managed by Morgan Stanley Infrastructure Partners (MSIP), its private infrastructure investment platform, has entered an agreement to sell its 50% ownership stake in Larus Holding Ltd, the 100% owner of Höegh Evi Ltd.