Major marine engineering company Drydocks World has been awarded a contract to construct the world's largest floating LNG facility.
AMIGO LNG Project to Revolutionise Offshore Energy in Dubai and Mexico
The AMIGO LNG project, a joint venture between Texas-based Epcilon LNG and Singapore's LNG Alliance, is set to make a significant impact on the maritime and energy industries. The project, led by Dubai-based Drydocks World, will be executed at their yard in Dubai and marks a milestone in both locations.
The AMIGO LNG project, being developed off Guaymas, Sonora, on Mexico's west coast, will enable direct exports to Asia and Latin America, reducing shipping distances compared to US Gulf terminals. This strategic location will offer numerous benefits, including reduced transportation costs and a smaller carbon footprint.
The project will utilise a modular build strategy for quality, efficiency, and lower environmental impact. This approach, combined with the environmental and operational advantages of Floating Liquefied Natural Gas (FLNG) solutions, will ensure the project's sustainability.
Capt. Rado Antolovic, the CEO of Drydocks World, emphasises the collaboration secures best-in-class production capacity. The project involves the conversion of two LNG carriers into Floating Storage Units (FSUs) and the construction of two new FLNG barges. The four-vessel facility, scheduled to begin operations in the second half of 2028, will offer a liquefaction capacity of more than 4.2 million tonnes per annum.
Dr. Muthu Chezhian, CEO of LNG Alliance, also highlights the collaboration's importance, stating that it secures best-in-class production capacity. The project is expected to contribute significantly to future offshore energy developments.
Drydocks World has a proven track record in LNG and Floating Storage and Regasification Unit (FSRU) conversions, having delivered over 10 such projects. The AMIGO LNG project is expected to set a benchmark for future offshore energy developments.
The AMIGO LNG project is not only a significant step forward for the companies involved but also for the global energy transition efforts. By leveraging the environmental and operational advantages of FLNG solutions, the project aligns with the global push towards sustainable energy production and consumption.
In conclusion, the AMIGO LNG project is a testament to the power of collaboration and innovation in the energy sector. The project, scheduled to begin operations in 2028, is expected to revolutionise offshore energy developments, contribute to the global energy transition, and provide economic benefits to both Dubai and Mexico.
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