What is the story about?
What's Happening?
PACC Offshore Services Holdings (POSH), a Singapore-based marine services provider, has been contracted by Wison New Energies to tow the Nguya floating liquefied natural gas (FLNG) facility from China to the Republic of Congo. This operation is part of Phase 2 of Eni’s Congo LNG project in the Marine XII concession. The FLNG unit, with a capacity of 2.4 million tonnes of LNG per annum, will be positioned offshore from Pointe-Noire. POSH will utilize three ocean-going towing tugs for the journey and an additional tug for station-keeping during the hook-up process. Longitude has been appointed for engineering services related to the marine operations.
Why It's Important?
This project marks a significant milestone for POSH, representing its first collaboration with Wison New Energies. The successful execution of this operation could enhance POSH's reputation in the offshore towage and installation sector. For Eni, the deployment of the Nguya FLNG is a crucial step in expanding its LNG production capabilities in the Republic of Congo. The project aligns with global trends towards increasing LNG production and consumption, driven by the demand for cleaner energy sources. The operation also underscores the strategic importance of international partnerships in advancing energy infrastructure projects.
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