Third Hamworthy contract for Höegh FRSU

02 Apr 2012
Hamworthy regasification unit

Hamworthy regasification unit

Wärtsilä Hamworthy company Hamworthy Oil & Gas Systems says it has secured a contract to supply its LNG regasification technology for the third Höegh LNG FSRU under construction at Hyundai Heavy Industries.

Working together with Sinopacific Offshore and Engineering (SOE) Wärtsilä Hamworthy will design and supply the system concept whilst the key equipment and fabrication will be supplied by SOE. This partnership agreement follows on from the contract to supply a propane-seawater regasification system for the first two 170,000m3 capacity floating storage and regasification unit (FRSU) vessels signed in November last year.

Hamworthy says that the floating regasification market is experiencing significant uptake and Höegh has projected annual growth in the LNG market of 6-7% over the coming few years. Reidar Strande, LNG business unit director, Hamworthy Oil and Gas Systems said: “This contract for Höegh LNG follows on from the joint project with SOE in supplying our regasification module for the converted Golar Khannur. The module concept was a fast-track project allowing the regasification system to be almost complete before lifting onboard the vessel, with very few interfaces. Delivery of this equipment took place in November 2011.”

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