Petronas Adds Three LNG Carrier Newbuilds

Thursday, April 29, 2021

Malaysia's state oil firm Petroliam Nasional Bhd is expanding its global fleet of liquefied natural gas (LNG) carriers with three newbuild 174,000 cubic meter capacity vessels, the company said on Thursday.

The company, best known as Petronas, inked a time charter party (TCP) agreement with shipowner Hyundai LNG Shipping, which has signed shipbuilding contracts with South Korean shipbuilder Hyundai Heavy Industries (HHI) for the construction of the three vessels that are expected to be delivered from the second quarter of 2024 on a staggered basis. The new ships will mainly be used to lift cargoes from the largescale LNG Canada project, Petronas said.

Petronas said this will enlarge its global LNG fleet to 27 small, medium and large vessels from 24, and help deliver LNG to over 25 countries from its supply points in Malaysia, Australia, Egypt and Canada. To date, Petronas claims to have delivered more than 11,500 LNG cargoes globally.

"Upon completion, these vessels would be amongst the most energy efficient LNG carriers ever built, with shaft generators powered by LNG," the company said. "These vessels are also installed with air lubrication systems that reduce hull resistance and are designed with an optimized hull design that reduces aerodynamic drag at sea."

"The eco-friendly vessels will be fitted with the Integrated Smart Ship Solution to enhance the performance monitoring process. Collectively, these features will give the identical vessels the lowest carbon emission footprint in their class," Petronas said.

Categories: Tankers LNG Asia Malaysia

Related Stories

Saipem Bags $1.5B Contract for Türkiye Largest Offshore Gas Field

PTTEP Hires McDermott for Deepwater Subsea Job off Malaysia

TotalEnergies Inks 10-Year LNG Supply Deal with South Korea’s KOGAS

Marco Polo Picks Salt Ship Design for Next-Gen Offshore Energy CSOV

Subsea7 Secures Work at Black Sea Field off Türkiye

Seatrium Signs FLNG Vessel Upgrade Deal for Golar LNG

PXGEO Nets First Seismic Survey off Malaysia

Inpex Picks FEED Contractors for Abadi LNG Onshore Plant

Inpex Kicks Off FEED Work for Abadi LNG Scheme Offshore Indonesia

Woodside and Jera Agree LNG Cargoes Supply for Japan’s Winter Period

Current News

Saipem Bags $1.5B Contract for Türkiye Largest Offshore Gas Field

Floating Offshore Wind Test Center Planned for Japan

Synergy Marine Group Completes Conversion of LNG Vessel to FSRU

PTTEP Hires McDermott for Deepwater Subsea Job off Malaysia

TotalEnergies Inks 10-Year LNG Supply Deal with South Korea’s KOGAS

Japan Picks Wood Mackenzie to Assess Trump-Backed Alaska LNG Scheme

PTTEP Greenlights $320M Offshore CCS Project at Arthit Gas Field in Thailand

Marco Polo Picks Salt Ship Design for Next-Gen Offshore Energy CSOV

CNOOC Brings Online Another Oil and Gas Project in South China Sea

Technip Energies Gets FEED Job for Inpex’ Abadi LNG Project in Indonesia

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com