Tamar Partners Dive into FLNG FEED (Israel)
Delek Group gas subsidiaries announced that the Pre-FEED stage of Tamar and Dalit floating liquefied natural gas project (FLNG), off the coast of Israel, has now been successfully completed.
Therefore, the Tamar partners decided to begin the second phase-front-end engineering design (FEED). LNG production is expected to be up to 3 MMTPA. In accordance to that, Daewoo Shipbuilding & Marine Engineering Co. Ltd. (DSME) signed an agreement with Levant LNG Marketing and Pangea LNG BV for the completion of the FEED stage.
DSME will carry out the costs of FEED and Tamar partners will contribute a total amount of $15 million (100%). The agreement has been set for two years, or until the date of the final investment decision of the FLNG project, whichever is earlier.
- Pangea LNG Continues its Development of Mediterranean Floating LNG Export Project (prnewswire.com)
- Australia: KBR Secures Bonaparte FLNG Design Work (worldmaritimenews.com)
- Global Market for Floating Production Systems to Reach $91 Billion; More Than $28 Billion in Global FLNG Liquefaction Spending (sacbee.com)
- Israel Corp, Tamar Oil Partners Sign $4 Billion Gas Contract (jewishpress.com)
Posted on November 28, 2012, in Israel, Middle East, Offshore FIeld Development, Oil & Gas - offshore and tagged Daewoo Shipbuilding & Marine Engineering, Dalit, Delek, DSME, FEED, FLNG, Floating liquefied natural gas, Israel, Liquefied natural gas, News, Partners, Tamar. Bookmark the permalink. Comments Off on Tamar Partners Dive into FLNG FEED (Israel).