Wison and Black & Veatch to jointly pursue offshore LNG projects

12 April 2013 08:36  [Source: ICIS news]

SINGAPORE (ICIS)--Shanghai-based Wison Offshore & Marine said on Friday it has agreed with Black & Veatch to jointly pursue barge-based natural gas liquefaction facility projects on an exclusive basis.

“The agreement formalizes a relationship between the two parties developed through their collaboration on the delivery of the first floating LNG (liquefied natural gas) liquefaction, storage and regasification facility,” the company said in a statement.

The facility is under construction at Wison’s fabrication facility in Nantong, China.

The specific completion date and financial details of the project were not disclosed.

The two companies earlier this year signed an agreement for plans to develop similar units for clients in other markets.

By: Viola Pan
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