Wison New Energies and Kumul Petroleum Sign FLNG Pre-FEED Contract for Papua New Guinea’s First Floating LNG Facility
10.21.2024 By Tank Terminals - NEWS

October 21, 2024 [Storage Terminals Magazine]- Wison New Energies and Kumul Petroleum Holdings Limited have officially signed a FLNG (Floating Liquefied Natural Gas) Pre-FEED contract, marking a major step forward for Papua New Guinea’s energy sector. The project, with an anticipated capacity of 1.5 million tonnes per annum, will be the country’s first FLNG facility, to be deployed in the Gulf of Papua. The Pre-FEED phase is scheduled for completion by June 2025.

 

This collaboration signifies a milestone for Wison New Energies in the Oceania region, as the company partners with KPHL on a critical national project. WNE expressed its honour in contributing to Papua New Guinea’s energy advancements and committed to leveraging its extensive expertise in clean energy to ensure the project’s success.

WNE’s commitment to delivering efficient and environmentally friendly FLNG solutions is central to its global strategy. The company looks forward to working closely with its partners to meet market demands and support the development of sustainable energy solutions.

 

Free Trial: Access 13,300 Tank Terminal and Production Facilities

13,300 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

UAE Invests Billions in AI to Diversify Economy Beyond Oil
11.13.2024 - NEWS
November 13, 2024 [Oil Price]- The United Arab Emirates’ state-owned energy giant Abu Dhabi Nat... Read More
Gulf Energy Transition: Assessing Saudi and Emirati Goals
11.13.2024 - NEWS
November 13, 2024 [The Washington Institute]- On October 29, during Saudi Arabia’s annual Futur... Read More
How will The Energy Sector Fare Under Donald Trump?
11.13.2024 - NEWS
November 13, 2024 [Investing Daily]- The energy sector experienced a notable boost following Dona... Read More
PNOC, Pertamina Partner on LNG Infrastructure, Supply Chain
11.13.2024 - NEWS
November 13, 2024 [Manila Bulletin]- State-run Philippine National Oil Company (PNOC) has signed ... Read More