Featured Insights

Featured Insights

Floating LNG: World’s First Proven Floating LNG Unit

The ability to produce liquefied natural gas (LNG) onboard a floating facility significantly reduces the cost and time required to monetize and deliver natural gas to market. In addition, because floating LNG (FLNG) units can be redeployed, once “stranded” gas reserves can now be monetized and help meet the growing demand for energy in markets worldwide.

Black & Veatch’s patented PRICO® single-mixed refrigerant (SMR) process is the technology that is enabling innovative, first of their kind projects, such as the world’s first proven FLNG unit and the world’s first conversion of an existing Moss LNG carrier into a Floating LNG vessel.