Exmar's FLNG Conversion Concept Gets Bureau Veritas Approval

Exmar has received Approval in Principle (AiP) from Bureau Veritas Marine & Offshore for its concept to convert an existing membrane-type LNG carrier into a floating liquefied natural gas (FLNG) unit.

The FLNG concept would utilize a vessel with an effective LNG storage capacity of about 170,000 cubic meters and a design life of 25 years. It is designed for operation in mild environments, providing offshore gas processing, liquefaction, and LNG storage for the development of stranded gas resources.

The conversion concept aims to offer lower initial capital requirements and shorter timelines between final investment decision and production by repurposing an existing LNG carrier rather than constructing a new vessel. Bureau Veritas assessed the concept against applicable requirements for offshore production gas units, liquefied gas carriers, and position-keeping systems.