MacGregor Gets Bangladesh FSRU Contract
Cargotex subsidiary MacGregor will deliver on-vessel equipment, product fabrication, engineering and project management for a complete mooring and riser system that will serve Excelerate Energy operated Moheshkhali floating liquefied natural gas terminal in Bangladesh.
MacGregor's order is part of an engineering, procurement, construction and installation contract to provide Excelerate the mooring and gas transfer system for an FSRU. The delivery will be completed in 2Q 2018, MacGregor said July 20.
The terminal is the first fully integrated turnkey floating terminal solution whereby all services will be provided under a single contract by a single provider – Excelerate. The terminal will include the provision of one of Excelerate's existing floating storage and regasification units (FSRU), the installation of a subsea buoy system anchored offshore, and the employment of port service vessels during operation. The FSRU will have 138,000 m3 of LNG storage capacity.
The $179.5mn project will be located offshore Moheshkhali island in the Bay of Bengal.
Shardul Sharma